Read My Lips: No New Taxes in Gray’s Budget
Hot off the rumor mill, LL hears from a council source that Almost Mayor Vince Gray will not be proposing any new tax increases as part of his proposed budget to fill a $188 million gap. Gray's plan calls for furlough days for city employees, according to LL's trusted source.
If true, it's a move that will earn kudos from the more fiscally conservative set while earning scorn from social services advocates and labor unions.
Anyway, take this info with a grain of salt as Gray's team hasn't even sent out its final version of a budget to the rest of the council. LL will update when/if he gets confirmation.