Virginia Faces Shortfalls From Fiscal Cliff, Report Details | WAMU 88.5 - American University Radio

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

Voluptuous Veg: Can Food Porn Seed Lust For Healthy Eating?

Tempting-looking spoonfuls of chocolate are plentiful online. Beautiful Brussels sprouts? Not so much. A campaign aims to boost the number of these images and whet our appetites for healthy foods.
NPR

Voluptuous Veg: Can Food Porn Seed Lust For Healthy Eating?

Tempting-looking spoonfuls of chocolate are plentiful online. Beautiful Brussels sprouts? Not so much. A campaign aims to boost the number of these images and whet our appetites for healthy foods.
NPR

Clinton, White House Play Delicate Dance As Emails Await Release

Questions about Hillary Clinton's reliance on a private email account when she was Secretary of State will dog the likely presidential hopeful — and the administration she worked for — for months.
NPR

Voluptuous Veg: Can Food Porn Seed Lust For Healthy Eating?

Tempting-looking spoonfuls of chocolate are plentiful online. Beautiful Brussels sprouts? Not so much. A campaign aims to boost the number of these images and whet our appetites for healthy foods.

Leave a Comment

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