Georgia Gov. Nathan Deal says he has asked his agency heads to come up with contingency plans if federal leaders can't reach agreement to avoid the so-called "fiscal cliff."
Deal tells The Atlanta Journal-Constitution (http://bit.ly/U9wimM) that he's not confident an agreement will be reached.
Deal's spokesman Brian Robinson says the state expects to contribute a portion of the lost federal dollars if agreement is not reached in Washington. If no deal is reached, Robinson said the state is planning to spend $24 million to "strategically target essential programs, such as those that represent a life or safety need for Georgians."
The Journal-Constitution reports that going over the "fiscal cliff" would mean less academic support for at-risk schoolchildren and fewer meals for low-income seniors, among other repercussions for cuts in most federal programs.
Wednesday, May 22 2013 12:39 PM EDT2013-05-22 16:39:03 GMT
Gov. Nathan Deal says a company based in Dubai plans to build a manufacturing plant in Murray County with the goal of creating 200 jobs over the next three years.
Gov. Nathan Deal says a company based in Dubai plans to build a manufacturing plant in Murray County with the goal of creating 200 jobs over the next three years.
Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet icon that had fallen behind the times.
After falling woefully out of fashion, Yahoo wants to be cool again while catering to the capitalistic demands of its shareholders. That goal led CEO Marissa Mayer to make a $1.1 billion bet on online blogging forum Tumblr...
Wednesday, May 15 2013 5:41 AM EDT2013-05-15 09:41:00 GMT
The recession hasn't spared any age group, but it's been especially hard on seniors. More and more Americans 62 and older are turning to reverse mortgages to supplement their cash. But is it right for you?
The recession hasn't spared any age group, but it's been especially hard on seniors. More and more Americans 62 and older are turning to reverse mortgages to supplement their cash. But is it right for you?
WTTG FOX 5 & myfoxdc 5151 Wisconsin Ave. NW Washington, DC 20016 Main Number: (202) 244-5151 Newsroom: (202) 895-3000 fox5tips@wttg.com
