Political Quotes

On the recordJuly 26, 2000
Just a few years ago, the District of Columbia government faced a financial crisis of epic proportions. That situation was so severe that the District could not deliver basic services, and there was a very real concern that it would run out of cash to pay its debt service or to even meet its payroll. Today, the city's population is stabilizing, the real estate market is up, suburban residents are making more leisure trips into the city, and jobs have increased dramatically. Next year, the Control Board will go in a dormant state, as anticipated in the legislation that we passed here in 1995. The city has balanced its budget for a fourth straight year; and its leaders are showing, with only a handful of exceptions, that they are focused on fostering economic growth and delivering basic services. This budget goes a long way toward continuing the tremendous strides we have made in the Nation's capital over the past 6 years. It funds a wide variety of programs. It will greatly enhance the quality of life for D.C.…
Said by
Hon. Thomas M. Davis
Virginia

Editor's note · Context

Discussing the financial recovery and budget of the District of Columbia.

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