Monday, February 24, 2014
County Board Accelerates Tax, Borrow, Spend for Vanity Projects While Pentagon Slashes Budget
Did you happen to read the front page of today's New York Times, "Pentagon Plans to Shrink Army to PreWar Level"? While the County Board and Barbara Donnellan are taking tax (via a corrupt residential real estate assessment system), borrow, and spend (including a $12 million slush fund new in FY 15) to a new level the Department of Defense is preparing to both limit pay increases and cut benefits for members of the Armed Forces and reduce their numbers
Here's an excerpt from the Times article that should give everyone in local governments something to be concerned about, but will likely have no effect whatsoever:
"Mr. Hagel will take some first steps to deal with the controversial issue of pay and compensation, as the proposed budget would impose a one-year salary freeze for general and flag officers; basic pay for military personnel would rise by 1 percent. After the 2015 fiscal year, raises in pay will be similarly constrained, Pentagon officials say."
Meanwhile back in Fiscal Fantasyland, located at 2100 Clarendon Boulevard in Neverland-on-the-Potomac, transportation planners are ready to tap into the FY15 slush fund to design multiple streetcar systems.