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Wednesday, February 23, 2011

Government Shutdown Would Hit Local Economy Hard

WASHINGTON - The possibility of a federal government shutdown could affect you and your community, even if you don't work for the government.
 
"The federal worker who wouldn't be paid for the time that they're not working, that has tax implications for Montgomery County, Prince George's County, the District of Columbia, Fairfax, (and) Arlington," says Jim Dinegar, president and chief executive officer of the Greater Washington Board of Trade.
 
The loss of tax money would come at a time when many state and local governments are already hurting for cash.

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1 comment:

  1. We had a election recently, and the WINNERS won because they told us all our tax money was being wasted, and if elected, they would put a stop to it. Looks like reality is about to set in.

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