WAMU 88.5 : News

Filed Under:

'Fiscal Cliff' A Major Concern for D.C. Officials

Play associated audio

The prospect of looming tax hikes and spending cuts, puts the District and surrounding areas in a vulnerable position, said D.C. Delegate Eleanor Holmes Norton and Mayor Vincent Gray, who are calling on Congress to make a deal in order to avoid going over the Fiscal Cliff

Del. Eleanor Holmes Norton said this region would suffer more than any other in the United States from a cut in government spending caused by a fall off the so called 'fiscal cliff.'

"We have a disproportionate amount of federal employees and federal contractors.," Holmes said. "The federal government spends a lot of its money in the District. We would be more in the hole than some states."

Backing up her comments was D.C. Mayor Vincent Gray, who says funding for educational and healthcare programs would be cut.

"We could fall right back into a recession again," Gray said. "We would experience reductions in our income tax revenue, sales tax revenue and our property tax revenue. In the aggregate of itself it would total about $50 million. Obviously, in and of itself A huge hit on the District of Columbia's income."

The House will be back in session Sunday evening to discuss any options on the table.

NPR

Encore: 'Future Shock' 40 Years Later

Future Shock by Alvin Toffler was a huge sensation when it was published in 1970. The book perfectly captured the angst of that time and prepared society for more changes to come.
NPR

In Prison, The Passion That Drove A Yogurt-Maker To Arson Still Burns

The yogurt entrepreneur who set fire to his factory remains in prison, but he's in better spirits now. "He's dreaming again," says his wife.
WAMU 88.5

The Politics Hour - July 1, 2016

Kojo and Tom Sherwood chat with D.C. Transportation Director Leif Dormsjo and Virginia Del. Marcus Simon (D-Fairfax).

NPR

'Future Shock' Author Alvin Toffler Dies at 87

Toffler's warnings about 'information overload' and the accelerating pace of change in modern society made his seminal 1970 book a best-seller in the U.S. and around the world.

Leave a Comment

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