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New Castle County: From feast to famine in 3 easy steps. 15 April, 2007

Posted by stoptaxing in Local.
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How does a county go from well over 50 million in surplus to 50 to 72 million in projected deficits in a few years?  One, anti-growth policies eventually shrink revenue (beware Kent county).  Two, wild spending gets locked in.  Three,  Put off minor spending restraint so the problem grows to half your budget and you can get credit for managing the crisis.

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