NYC 9/11 Public Portal Document
H+tOCKS..
Ed Richardson, the Alabama
school superintendent, said the gov
ern ment would almost certainly
spend less on schools in the next
fiscal year, which begins Oct. 1. and
possibly the year after that as well.
And several states are concerned
about the impact of war, including
the deployment of military overseas
and the effect on gasoline prices.
“It’s certainly going to have its Three conventions scheduled for
costs in terms of the diversion of September have been canceled, part
certain manpower from private to ly because the organizers did not
military use,” said James LeBas, know when the airport would reopen.
chief revenue estimator for the Tex Each would have filled at least 2.000
as comptroller’s office. “In the short
hotel rooms a night.
run we can expect to see oil prices
higher than before, and if the conflict “The short-term corporate meet
continues there will probably be con ings business pretty much has dried
tinued upper pressure.” up,” Mr. Moscaritolo said. “Compa
No state has announced budget nies that already were under pres
cuts yet, but several expect to soon. sure to reduce costs are now going to
“Some of the plans we announce accelerate. You're going to see even
on Thursday will reflect what has more cutbacks.”
happened in the country,” said Joe Mr. Moscaritolo is hopeful that a:
Shannahan, press secretary for Gov least some Americans will be drawn
ernor Vilsack of Iowa. to Massachusetts because of land
“Right now I can’t say how much marks that connect Americans to
it’s going to affect what happens or their revolutionary past.
what cuts are made, because we’re “You can sit in the Old North
still planning,” Mr. Shannahan said. Church and visualize hanging the
“What we know is that we have got to lanterns; you can walk through Paul
do something. We can’t continue to Revere’s house and touch it,” he
work in the same way.”
And in Indiana, Andrew Stoner, a said.
Patriotism, might be the state’s
spokesman for Governor O’Bannon,
said, “We’re putting the brakes on all biggest draw right now.
spending right now and looking for
ways to make more cuts so we won’t
be hit with something unexpected
when our revenues don’t match the
spending we’ve been doing.”
Then there is the toll on cities that
became pivotal pieces of the terror
ist attacks. In Boston, where the
flights of two of the hijacked airlin
ers began, hotel occupancy this wee.k
was about 45 percent at a time when
occupancy usually hovers at 90 per
cent to 95 percent, said Patrick Mos
caritolo, director of the Greater Bos
ton Convention and Visitors Bureau.
NYC-WTC_000152237
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