WAMU 88.5 : News

Virginia Faces Shortfalls From Fiscal Cliff, Report Details

Play associated audio

A new report expected tomorrow will detail the financial problems Virginia faces if the federal government goes over the "fiscal cliff."

The non-partisan State Budget Crisis Task Force says Virginia could lose almost 123,000 jobs and $7.3 billion in wages. It points out that Virginia has failed to fund its transportation needs for decades, and education funding has been falling for years.

"Absent increased investment, which either is going to come at the expense of something else or will require additional revenues, Virginia is going to fall behind in the future," says Frank Shafroth, the director of the Center for State and Local Leadership at George Mason University.

The task force was created by former chairman of the Federal Reserve Paul Volcker and former New York Lieutenant Governor Richard Ravitch in 2011.

NPR

From Sequels To Reboots, Familiar Faces Return To The Multiplex This Summer

NPR's Bob Mondello has a selective preview of summer movies from superhero blockbusters to music documentaries and everything in between.
NPR

'Sweetbitter' Is A Savory Saga Of Restaurant Life And Love

Oysters, cocaine, fine wine, love triangles: Stephanie Danler's debut novel Sweetbitter follows a year in the life of a young woman working at a top-tier Manhattan restaurant.
NPR

U.S. Intelligence Chief Warns Hackers May Be Spying On Presidential Candidates

The Director of National Intelligence says the U.S. sees signs that hackers are spying on U.S. presidential candidates. NPR explores who is doing the spying and why.
NPR

U.S. Intelligence Chief Warns Hackers May Be Spying On Presidential Candidates

The Director of National Intelligence says the U.S. sees signs that hackers are spying on U.S. presidential candidates. NPR explores who is doing the spying and why.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.