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Posted at 4:08 PM ET, 11/19/2010

Gray to deliver live address on budget Monday

By Nikita R Stewart

Mayor-elect Vincent C. Gray will deliver an address Monday morning on the city's fiscal crisis as he tries to get out front on one of the biggest issues facing his administration, said Doxie McCoy, spokeswoman for his transition.

McCoy called it a "state of the D.C. finances" address.

Gray hinted at the event during a speech Friday morning before pre-K advocates at the National Press Club. McCoy confirmed the event with details. Economist Alice Rivlin and former mayor Anthony A. Williams, who are heading a budget committee on Gray's transition team, have been invited to join Gray, along with chief Financial Officer Natwar M. Gandhi.

The event, tentatively scheduled for 10 a.m., will be held at the John A. Wilson Building and carried live on Channel 13.

"He wants to set the tone," McCoy said.

Gray, currently council chairman, used town halls before the General Election this month to foreshadow the cuts that could come with a current $175 million shortfall and a larger deficit going into fiscal 2012. The council was expected to get a gap-closing proposal from Mayor Adrian M. Fenty by early next week.

By Nikita R Stewart  | November 19, 2010; 4:08 PM ET
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