Sunday, December 9, 2012

On the edge of the "cliff," U.S. cities like Charleston

CHARLESTON, South Carolina (Reuters) - For 37 years straight, Joseph P. Riley Jr. has sat behind the mayor's desk here, shaping this city and its budget. On a recent afternoon, Riley, 69, reached for a draft copy of next year's spending plan and wondered aloud about what might get cut should politicians in Washington fail to find an agreement this month, unleashing $600 billion worth of spending reductions and tax hikes next year. Hiring new police officers for the city of 123,000 could be put on hold, Riley said. A new piece of equipment for the fire department would have to wait. ... Credit of the story

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