June 28, 2010

National League of Cities (NLC) President Riverside (CA) Mayor Ron Loveridge tells his colleagues that Congress must enact the Local Jobs for America's Act or else, "deep cuts in state and local spending may serve as a significant undertow on the nation's recovery, for we represent about 1/8th of the U.S. economy." NLC estimates that cities face a combined budget shortfall of $56 to $83 billion over the next two years.