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Metropolitan DC Local Politics
Reply to "Wizards and Caps could be moving to Potomac Yard"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]So, is this deal dead or "fake" dead? I posted way back on page 1 or 2 of this 144 page thread that I thought the original announcement seemed awfully shaky and I was shouted down that "It's a done deal!". I am therefore skeptical that it is truly dead.[/quote] Me too. I'm also wondering about the stated urgency on closing the deal. I thought it was somehow tied to the Target lease in Potomac Yard, and needed to be decided quickly so Target could decide what to do? This feels like something that could still happen next session if all parties are still willing.[/quote] I think it was due to the remaining time Youngkin had in office. He cannot serve a consecutive term so he’s out Jan 2026. [/quote] That makes sense. Maybe it will come back as an option if a democrat is governor, that way Lucas won't have to object to giving an R a win.[/quote] [b]This really doesn't have anything to do with party lines.[/b] My Republican neighbors (Alexandria) do not want/support the arena. Alexandria's mayor and city council are All Democrats, and generally support the arena. It's an awful plan for the area, and there is wide bipartisan opposition (regular people, not the elected officials who don't care about their constituents) [/quote] It’s all about Louise Lucas going after Glenn Youngkin. It has nothing to do with the merits of the stadium proposal. Lucas could care less about Alexandria; it’s 200 miles from her district. All she cares about is sticking it to Youngkin and bragging about it on social media. You forget that Lucas was the sole member who stopped the bill after it sailed through the House.[/quote] You don’t understand public finance and what the “full faith and credit of the Commonwealth of Virginia” means. Please educate yourself. Seriously. It’s a very basic term of art in tax-exempt financing. Lucas quoted this as her main hesitation. It means ALL Virginians’ tax dollars are at stake, in Alexandria, Portsmouth, Richmond, Roanoke, South Hill, Surry, Blacksburg, EVERYWHERE. This is a big problem when people don’t understand the basic concepts but want to support something and make blanket contradictory statements. Learn public finance. [/quote]
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