Regional News
Regional Budgets Released
For the first time in Atlasian history the budgets of each region were released to the GM. They will be released in the order of largest to smallest over the course of the next few days:
Mideast: This region has revenue of $600 billion and expenses of $680 billion, resulting in a deficit of $80 billion. The deficit is mostly a result of the current economic crisis, which has hit the region harder than most. While the numbers currently seem reasonable, this office projects that Mideast industries, especially the automotive industry, will continue to falter beyond the end of the current recession. With that in mind, it is highly recommended that the region directly inject all stimulus money into local industries, cut the corporate tax in half and operate in an increased deficit economy for the near future. This office also urges the federal government to direct an additional $50 billion to $100 billion to the Midwest over the next year to alleviate the region’s budgetary woes.
Do these deficit figures take into account federal stimulus money received/expected to receive? If not, what is the amount of federal stimulus money the Mideast can expect to receive to at least partially fill that $80 billion shortfall?