How does Portland City handle its financial problems

US financial problems may have adverse effect on rest of the world but one thing is for sure, Government is expecting a strong come back. With half of the country deeply submerged under debts and banks facing sub-prime crisis it is becoming quite a stringent task for the government to pull out the nation from the financial problems.

In addition to other states US government is paying equal attention on Portland City, Oregon to handle its financial problems.

Some of the measures taken by American Recovery and Reinvest plans Act 2009 are:

- $288 billion tax cuts

- $144 billion revenue sharing amongst the states

- $357 billion investment in infrastructure

- Efforts taken in maximizing job opportunities

- Financial support to the families affected by the recession

http://www.portlandonline.com/index.cfm?c=49958

http://resources.bnet.com/topic/financial+problems.html

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