Wednesday, January 2, 2013
Not addressing sequestration puts business growth, NOVA economy in limbo, Fairfax County leaders say.
Fairfax County officials are disappointed Tuesday’s last-minute “fiscal cliff” bill does not address a solution for sequestration cuts that could endanger Northern Virginia’s economic well being. Board of Supervisors Chairman Sharon Bulova said she was grateful Congress took action and passed the bill, which keeps the Bush-era tax cuts for individuals making less than $400,000 and couples making less that $450,000. It also makes permanent the fixes for the Alternative Minimum Tax and delays government spending cuts for two months. “Even though it’s not a comprehensive resolution to everything at least people are talking and at least things have gotten started,” she said. “But we’re disappointed that we still have waiting to do.” Bulova …
Connolly says he planned to vote while "holding my nose."
The U.S. House of Representatives Tuesday night passed HR 8, the Tax Relief Extension Act, a permanent extension of many Bush-era tax cuts by a vote of 257 to 167. The late-night vote was taken at 10:57 p.m. Rep. Gerry Connolly (D-11th) voted for the extension act. The legislation keeps the Bush era tax cuts for individuals making less than $400,000 and couples making less that $450,000. It also makes permanent the fixes for the Alternative Minimum Tax and delays government spending cuts for two months. Here's the breakdown of Northern Virginia's votes Tuesday on the so-called "fiscal cliff" legislation, which the Senate passed early Tuesday morning: The legislation came to a vote in the House Tuesday night after it was passed by the …
Tuesday, January 1, 2013
Virginia Democrat says he's "holding his nose," but wants to avoid fiscal cliff, sequestration and extend middle class tax cuts.
Congressman Gerry Connolly (D-11th) said Tuesday while he is "holding his nose," he is urging his colleagues to vote for a fiscal cliff deal the Senate passed in the early hours of the new year. “This is not a perfect package, but it is something that gets us by until we can tackle the larger issues in the next Congress,” Connolly said. “I pray God that the next Congress is more willing to compromise than this one.” It was not certain Tuesday when the House, controlled by Republicans, would take up the fiscal cliff legislation. The Virginia Democrat said the Senate-passed measure provides an opportunity to: “There is a lot of good in this package," Connolly said. "But there is also a lot that is not addressed at all." “We have a debt …
Thursday, December 27, 2012
If lawmakers fail to reach compromise, sequestration would hit Northern Virginia especially hard.
While the potential loss of thousands of jobs and a devastating economic blow loom over the region thanks to sequestration, Virginia's senators can only wait and hope a workable compromise is reached before the new year. If such a compromise is not reached by Tuesday, a series of tax increases and spending reductions kick in automatically — taking the country over the so-called fiscal cliff. Some economists and politicians are concerned the combined effect will send the United States back into a recession. U.S. Sen. Mark Warner, a Virginia Democrat, told CBS News this week that at this point any deal that could be made would be relatively small. “I think there’s unfortunately only going to be a small deal,” Warner said. “… We have to …
Monday, December 10, 2012
More than 20 carolers turned out to sing about the fiscal cliff at Tysons Corner Center on Monday.
Forget about chesnuts roasting, one-horse open sleighs and Baby Jesus. A group of carolers assembled near Santa's Village in Tysons Corner Center at lunchtime Monday to sing about none other than the impending fiscal cliff. "Vote for income tax equality/Fala lalala, la la la la/Cuts for milionaires are folly/Fala lalala, la la la la..." Mall management threw the group out after a song and a half. The carolers proceeded to march over to Sen. Mark Warner's (D-VA) office at Towers Crescent in Tysons Corner, where they met with Warner's Deputy State Director Ann Rust. "My son's life depends on Medicaid," Julia Newton, 55, explained to Rust. Newton traveled from Norfolk to participate in the caroling event, organized by Virginia Organizing, …
T-Bird
2:40 pm on Thursday, January 3, 2013
Wow Frederick, thanks for the great suggestion :-/ As if the county (except for the schools) hasn't cut their budgets/programs by 30% in the past four years. As if there hasn't been a hiring freeze for the same four years. Oh, and where exactly are these county vehicles in "mall" parking lots on what I assume is a daily basis, and how is it that you know what they are doing? How do you know they … more ›