D.C.'s Financial Fallout From Government Shutdown Still Unclear | WAMU 88.5 - American University Radio

WAMU 88.5 : News

Filed Under:

D.C.'s Financial Fallout From Government Shutdown Still Unclear

Pedestrians walk past a barricade preventing them from entering the World War II Memorial during the shutdown on Oct. 2.
(AP Photo/Susan Walsh)
Pedestrians walk past a barricade preventing them from entering the World War II Memorial during the shutdown on Oct. 2.

It remains unclear how badly the 16-day government shutdown damaged D.C.'s finances.

It is estimated the District lost millions in sales tax revenue as hotel rooms and restaurant tables stayed empty because federal workers and tourists stayed home. Furloughed workers lost wages that they will receive in back pay, so lost income tax revenues will come later.

Testifying at a Council hearing today, the District's chief economist Fitzroy Lee said all the numbers aren't in yet.

"Unfortunately we are not going to know the actual revenue impact until December," Lee says.

City Administrator Allen Lew said the District's contingency fund was spent to pay employees.

At the beginning of the shutdown, there was approximately $150 million available in the contingency reserve fund. The office of the Chief Financial Officer estimated that the District spends approximately $10 million per day on employees salaries.

The fund has since been mostly replenished. D.C. incurred no major expenses during the shutdown, other than spending about $100,000 picking up trash on federal park lands.

NPR

In 'Outline,' A Series Of Conversations Are Autobiographies In Miniature

Rachel Cusk's novel centers on a writer and mother recovering from divorce who teaches a summer course in Athens, Greece. The narrator has 10 conversations filled with holes, lies and self-deceptions.
NPR

Coffee Horror: Parody Pokes At Environmental Absurdity Of K-Cups

The market for single-serving coffee pods is dominated by Keurig's K-Cups. But they aren't recyclable, and critics say that's making a monster of an environmental mess. Meet the K-Cup Godzilla.
NPR

McCain Calls Protesters 'Low-Life Scum' At Senate Hearing

The anti-war demonstrators were shouting at former Secretary of State Henry Kissinger, who was attending a Senate Armed Services Committee hearing on global security challenges.
WAMU 88.5

Concerns About Digital Snooping Spur Bipartisan Legislative Push In Va.

Former state Attorney General Ken Cuccinelli and the ACLU are supporting legislation that would limit the ability of law-enforcement and regulatory agencies to collect information and build databases without a warrant.

Leave a Comment

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