Monday, April 4, 2016

Houston's Terrible Deficit


This fiscal year, The City of Houston budget will face a $140 Million shortfall. We must recognize that the City of Houston’s deficit is the greatest issue it faces and we must make this issue our highest priority. The core reason behind the deficit is a 21 percent hike put into the cities pension funds. The current administration has implemented a hiring freeze and is proposing laying off 700 city workers.

I hope that we have an administration in place which will make our deficits their highest priority. I believe we are off on the right foot. If we can solve this fiscal crisis, we will prove to the world how strong we truly are.

1 comment:

  1. Wow, that is a huge deficit. I really hope Houston will work on reducing this amount and not leave it for the next mayor.

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