Saturday, January 19, 2013

Washington’s Economic Boom, Financed by You - NYTimes.com

Washington’s Economic Boom, Financed by You - NYTimes.com

"As the size of the federal budget has ballooned over the past decade, more and more of that money has remained in the District. 'We get about 15 cents of every procurement dollar spent by the federal government,' says Stephen Fuller, a professor of public policy at George Mason University and an expert on the region. 'There’s great dependence there.' And with dependence comes fragility. About 40 percent of the regional economy, Fuller says, relies on federal spending."

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