D.C. Mayor Vincent C. Gray recently announced intentions to spend $100 million in fiscal year 2014 on affordable housing. He pledged $15 million for nonprofit organizations and untold amounts of money for employee pay hikes. If Chief Financial Officer Natwar Gandhi revises his revenue projections for 2013, Gray also made clear he intends to snatch those funds.
Such massive spending proposals made prior to an election cycle usually signal an incumbent’s intention to seek re-election. Is Gray plotting a second term? Seriously?!
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