This week the House will vote on a budget resolution which lays the foundation for rebuilding our economy and laying the ground work for long term prosperity.
One of the more challenging aspects of budget discussions for local governments is advertising a tax rate for the coming year.
Earlier this week the Associated Press grappled with the issue of whether or not the current economic downturn has reached the point that it can be called a depression.
With the election of Sharon Bulova to the post of chair of the Fairfax Board of Supervisors Tuesday, the attention at the County Government Center returns to the unsavory process of coping with huge cuts in the upcoming county operating and school budgets.
As the economy spirals deeper and deeper into an economic morass, Washington’s attention this week is focused on the $900 billion economic stimulus package that is making its way through the Congress.
$3 Billion in Cuts as ‘Philosophical Divide’ Persists It’s going to be an ugly 45-day legislative session that gets underway in Richmond next week. Decisions on almost $3 billion in state budget cuts, due to the economic downturn, face the same “philosophical divide” between liberals and moderates, on one side, […]
Revenues Down, But Not Out I was in Richmond on Tuesday to hear Governor Tim Kaine speak to a business group about the state budget and federal issues.
Tough Budget choices coming On Monday, the House Appropriations Committee met in one of its regular update meetings.
Budget cuts threaten to leave hundreds of children and families at risk of homelessness, poor health care and deficient education, as the Fairfax County Budget Committee heard Monday the Department of Family Services plan to cut spending by 15 percent for the 2010 fiscal year.
Wall Street’s impact on Broad Street (Falls Church’s Main Street) will actually be felt more in countless residential neighborhoods both here and across the planet as personal retirement and pension accounts disintegrate and local governments face steep losses in both their investment account balances and tax revenues.