In 2001, Alan Greenspan warned that we might have too little debt. A $5.6 trillion surplus was projected that would have ensured our long term status as the world’s economic superpower while covering the health and retirement costs of the 77 million baby boomers about to retire.
Tag: fiscal
Falls Church Business News & Notes
Curves of Falls Church is hosting a grand reopening on Saturday, May 10 at 240 W. Broad Street. New owner, Kathy Hamor has revamped the workout facility and is offering new members a $100 discount off of the service fee on Friday and Saturday, May 9 and 10. A number […]
F.C. Council Saves Penny, Tax Rate Will Rise Only 2c
Despite Fiscal Pinch, Tax Bill Will Go Down The Falls Church City Council will vote Monday to finalize its budget for the coming fiscal year beginning July 1, and last minute revisions will reduce the tax rate from an earlier-projected three-cent rise to two cents.
F.C. School Board Cuts 8 Admin Slots in Budget
Eliminating the equivalent of eight full-time administrative positions, the deepest cut ever for the Falls Church City School System, the F.C. School Board approved a budget Tuesday night that seeks a 3.7% increase in the City’s monetary transfer.
Editorial: A Magnificent Solution
Between the five-hour Falls Church Planning Commission meeting last week, and the four-and-a-half hour City Council meeting last Monday, it has been a genuine challenge to keep focused on the critical issues that the Council must consider as it votes on whether or not to finally approve the $317 million, […]
David Brooks: Imagining A Democratic Presidency
There’s a big difference between the Republican and Democratic campaigns: The Republicans have split on policy grounds; the Democrats haven’t. There’s been a Republican divide between center and right but no Democratic divide between center and left.
Jim Moran’s News Commentary
The President’s 8th and final budget was released this week. It charted a familiar path: more deficit spending, a failure to include the costs of off-setting alternative minimum tax (AMT) relief, a failure to include the true costs of the war and a failure to provide pay parity for our […]
A Penny for Your Thoughts: The News of Greater Falls Church
Education, job growth, a declining housing market, and their effects on Fairfax County’s fiscal outlook dominated the first 2008 conversation between the Fairfax County Board of Supervisors and the School Board on Monday. The two bodies have met occasionally throughout the past few years to address the revenue and construction […]
Delegate Hull’s Richmond Report
Much Ado It has been a busy time in the Commonwealth of Virginia since election day on November 6 and the happenings set the tone for 2008 and beyond.
Shields Makes $577,000 in Cuts, Has Bad News on Next Budget
The City of Falls Church will face its toughest financial squeeze in memory with the onset of the new fiscal year next summer, City Manager Wyatt Shields told a joint work session of the City Council and School Board last week. The sharp downturn in housing values is the culprit, […]
