HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Places » U.S. » Hawaii (Group) » 'Inouye Cliff' Way Bigger...

Fri Jan 4, 2013, 01:33 PM

'Inouye Cliff' Way Bigger Than 'Fiscal Cliff' For Hawaii

By Sara Lin 01/03/2013

Hawaii may have dodged the fiscal cliff, but there's a bigger looming threat that state budget officials say they don't know how to begin to prepare for: the economic vacuum created by the loss of Sen. Daniel K. Inouye.

"The Inouye Cliff is actually going to be a greater impact I believe than even the federal cliff," said Kalbert Young, the state's chief budget officer.

Hawaii receives $2 billion nearly one-fifth of its annual budget in federal funding each year for state programs. That covers everything from watershed protection and highways, to rail and University of Hawaii telescopes.

But how much of that came to Hawaii because of Inouye is impossible to tell, Young said.

More: http://www.civilbeat.com/articles/2013/01/03/18027-inouye-cliff-way-bigger-than-fiscal-cliff-for-hawaii/

Obama! Hook a home state up with some Portuguese sausage!

0 replies, 1095 views

Reply to this thread

Back to top Alert abuse

Reply to this thread