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Virginia’s Feast on U.S. Funds Nears an End

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Yo Governor Bob McDonnell spread ‘em in preparation for your transvaginal ultrasound probe.

You’re about to get the fucking your party begged for.

From The New York Times:  http://www.nytimes.com/2013/03/03/us/politics/virginias-feast-on-us-funds-nears-an-end.html

By
Published: March 2, 2013

ARLINGTON, Va. — To listen to the human side of sequestration, wait in line here for the 595 bus to Reston, Va., a journey across a suburbia grown fat and happy on a federal spending boom in the past decade, primarily military.

While the rest of the country experienced a corrosive recession, unemployment in Arlington County, home of the Pentagon, never rose above 5 percent. Nearby Fairfax County, with a cyberintelligence industry that took off after the Sept. 11 terrorist attacks, gorged on government contracts to private companies.

“It was easy, and people got comfortable,” said Stephen S. Fuller of George Mason University, an expert on the regional economy. “They haven’t come to terms with the fact it isn’t going to be as easy.”

The Washington metropolitan area, especially Northern Virginia, is in line to experience the largest economic hit of any region from the $85 billion in spending cuts that President Obama made official late Friday.

Because the automatic cuts, known as sequestration, fall unevenly across the country, many Americans are greeting them with a shrug. Their nonchalance is heightened because the 2.4 percent lopped from a federal budget of $3.55 trillion is relatively small and will not happen all at once. Moreover, Congressional Republicans have accused the White House of exaggerating the impact for political gain.

But in Northern Virginia the cuts will be deeply felt, economists said, assuming there is no political deal to undo them, a dimming prospect. The White House said the Defense Department would furlough 90,000 civilian employees based in Virginia, the most of any state, reducing their salaries by 20 percent this year.

Continue reading at:  http://www.nytimes.com/2013/03/03/us/politics/virginias-feast-on-us-funds-nears-an-end.html



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