District of Columbia: December 2006 Archives

DC: Another "No New Taxes" Pledge Bites the Dust?

December 1, 2006 4:08 PM |
The fiscal storm clouds are already gathering for newly-elected District of Columbia Mayor Adrian Fenty. A Washington Post article reports that the city faces an unanticipated revenue shortfall of $300 million over the next two years. No big deal — except that as a candidate seeking to distinguish himself from a crowded Democratic primary field this past spring, Fenty took a "no new taxes" pledge, arguing that that the books could be balanced with that old favorite, eliminating "waste, fraud and abuse." The new projected shortfalls are, of course, only projections — but they serve as a dramatic reminder of the dangers of not leaving all fiscal policy options on the table.

 

« District of Columbia: August 2006 | Main Index | Archives

Search

About this Archive

This page is a archive of entries in the District of Columbia category from December 2006.

District of Columbia: August 2006 is the previous archive.

Find recent content on the main index or look in the archives to find all content.

Categories

District of Columbia: December 2006: Monthly Archives