Quote:
Originally Posted by joethiesmanfan
The War makes the deficit bigger, extermely bigger? Do deficits affect city budgets?
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I don't understand your premise. Since the war makes the Federal debt larger it forces a mid sized city to cut "essential services"? Colorado Springs has a budget, it gets money from federal aid, state aid, and local taxes. The city managers have to manage the city with that sum of money. They told the taxpayers that they needed more, much more, and the residents said we don't trust what you are doing. Now the city says ok then we will cut these services and see what happens. For the purposes of the article the Federal Debt only impacts Colorado Springs as far as the interest rates on any bonds they offer, and loans they take out. Your war hypothesis just doesn't really fit into this whole equation, especially since war funding does actually help and not hurt a city like Colorado Springs.