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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.
From Classic Toys To New Twists, Kids Go Back To Blocks
NPR's Neda Ulaby investigates a trend in toys that sounds awfully familiar: Manufacturers are finding new ways to get kids interested in playing with blocks, both real and virtual.And The Winner Of The World Food Prize Is ... The Man From Monsanto
The prize is sometimes called the "Nobel Prize for food and agriculture." And this year's winners include Monsanto executive Robert Fraley, a pioneer in genetically engineered crops. If there's a single person who personifies the company's controversial role in American agriculture, it's probably Fraley.Capitol Hill's Partisan And Racial Divide Cast In Bronze
A 7-foot tall statue of famed abolitionist Frederick Douglass is more than just a tribute to the man. It's a larger-than-life reminder of the fight over voting rights and statehood for Washington, D.C.Federal Agents Accuse Two Of Plotting Deadly X-Ray Weapon
Officials say the suspects did not acquire a radiation source for a weapon, but they finished building a remote control that was meant to operate it.Leave a Comment
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