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An America drowning in red ink is the land of the free no more
Topic - Committee On Finance And Revenue
The majority subcontractor on the $38 million D.C. Lottery contract is competing for a new game with a different foreign partner in a process that could involve one of his well-connected friends at D.C. Lottery.
The possibility of manipulation of the 2009 D.C. Lottery contract is not the only corruption angle that has drawn the attention of government investigators.
The D.C. Council on Wednesday delivered a blow to Mayor Vincent C. Gray's vision of a thriving tech sector in the District, hours after he strenuously defended investor-friendly tax cuts as a compelling way to diversify the District's economy in the face of potentially steep federal spending cuts.
It's been 16 months since a powerful House member signaled a plan to allow the District to spend its local funds without being tethered to federal spending plans on Capitol Hill, an enticing goal for D.C. Mayor Vincent C. Gray and the city's piggy-bank minders.
A newly seated edition of the D.C. Tax Revision Commission began wading through layers of the city's Byzantine tax structure on Monday and brainstorming ways to keep the city's finances in step with its flourishing population.
A D.C. lawmaker in charge of local purse strings thinks an influential congressman's look at a tax on out-of-state residents who work in the District could be a "game changer" for the city's finances.
D.C. Council member Michael A. Brown said Friday he is "very disappointed" that it appears someone on his campaign staff stole funds.
Contentious battles over police staffing and tax increases that marked last year's D.C. Council budget debate likely won't be repeated this year, but competing priorities for future revenue again will offer an invitation for mischief.
He's paid up to $300,000 a year. He lives in a $1.3 million house in Northwest, with a Bentley, a Range Rover and a Mercedes in the driveway. Yet renowned lobbyist and power broker David W. Wilmot uses the claim he is "economically disadvantaged" when doing business with the city.
Within weeks of an inspector general's report that criticized a bid by the D.C. Lottery to launch a first-in-the-nation online gambling program, the deal was dead.
The D.C. Council took a major step Tuesday toward reconfiguring the city's $38 million lottery contract when it voted to repeal an online gambling law once urged by its supporters as a pivotal revenue source for the city.
D.C. Council member Jack Evans introduced a bill on Tuesday to repeal a new tax on out-of-state municipal bonds held by District residents, potentially reversing a revenue generator that prompted hours of debate in last year's in budget talks.
D.C. Council member Jack Evans has wasted no time in requesting the full council weigh in on the repeal of the District's controversial online gambling program.
A D.C. Council committee finally showed its cards in the tortured bid for Internet poker and other games through the city's lottery system — and it's game over.
An audit of the District's finances shows a windfall of about $240 million in savings, a financial boon that will prompt debate on how much should be stowed away to impress Wall Street or committed to tax relief and services for city residents.