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D.C. Council Chair To Unveil 2012 Budget Plan

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Council Chairman Kwame Brown is expected to circulate next year's spending plan to council members and Brown will likely offer several changes to the budget proposed by Mayor Vincent Gray.

Brown has said all along he will not include Mayor Gray’s proposal to raise the income tax on wealthier households. Instead, Brown is reportedly considering a tax on out-of-state bonds.

The chairman has also promised to try and restore the cuts made in Mayor Gray's budget to homeless services and other safety net programs.

Finding the money to pay for these services while not raising taxes will be challenging. It looks like the council is banking on an expected uptick in revenue when the new quarterly estimate arrives later this summer.

Unfortunately, the council will not know exactly how much revenue there is until after it finalizes the budget.

Council Member Jim Graham, who has led the fight against Gray's proposed cuts homeless funding, says he doesn't want to wait for the new revenue estimates to pay for the restoration of those services.

"I like the bird in the hand, best," says Graham. "So I would like to see the things of greatest concern to me covered with existing revenue."

The council will take its first vote on the budget tomorrow.

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How Artificial Intelligence And Robots Will Impact Jobs And How We Think About Work

Many experts say artificial intelligence and robots will displace jobs at a faster and faster pace over the coming decade. What changes in technology could mean for how we work.

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How Artificial Intelligence And Robots Will Impact Jobs And How We Think About Work

Many experts say artificial intelligence and robots will displace jobs at a faster and faster pace over the coming decade. What changes in technology could mean for how we work.

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