Gray 2012 Budget Hikes Taxes

April 7, 2011  |  

(Afro) — While an entrenched Congress faces a government shutdown April 18 due to partisan wrangling over the nation’s fiscal budget, residents in Washington, D.C., face a budget crisis of their own.  Mayor Vincent Gray (D) rolled out his fiscal year 2012 budget proposal and tax hikes and expenditure cuts are crucial ways Gray desires to seal a $322.1 million budget gap in the nation’s capital.  In a press conference April 1, Gray unveiled his $9.6 billion budget proposal and admitted that, “this is a tough budget.”  In a statement by the DC Fiscal Policy Institute, the organization said the mayor and his staff took a “balanced approach” when creating the budget, but it does not agree with cutting funds from human service programs.

Read More…


Trending on MadameNoire

Comment Disclaimer: Comments that contain profane or derogatory language, video links or exceed 200 words will require approval by a moderator before appearing in the comment section. XOXO-MN