As Fiscal Cliff Approaches, Mayors Warn of the Toll on Cities

The so-called fiscal cliff looming on Jan. 1 will increase taxes on just about all Americans and hamper an array of federal programs. But its effect will be particularly crippling for American cities. The U.S. Conference of Mayors, a bipartisan group of 1,296 mayors who represent cities with populations above 30,000, recently called the sequestration process “perhaps the biggest threat to our metro economies.” Which is why a clutch of mayors went to Capitol Hill last week to plead their case to Congress, in hopes of reminding lawmakers of the damage the sequestration process will wreak on municipal economies. Like members of Congress, the mayors are clear about the problems the fiscal cliff will create, but short on answers.

Time

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