Tri-Cities, Washington (Kennewick, Pasco, Richland) Real Estate Center

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No more planned layoffs at Hanford - Should help Tri-Cities Real Estate Market

Posted at Tri-Cities, Washington (Kennewick, Pasco, Richland) Real Estate Center by Paul Roy

May. 20, 2011

Categorized in: Tri-Cities Market Conditions

Tagged with: hanford, houses, kennewick, layoffs, pasco, real estate, realtors, richland, tricities

Today Tri-City Herald Prints Good News

Hanford avoids most budget cut

According to the Department of Energy, no additional contractor employee layoffs at the Hanford nuclear reservation beyond those already announced.

With no federal budget passed for the fiscal year that ends Sept. 30, Congress approved a continuing resolution this spring that cut DOE cleanup spending by $380 million from the amount the Obama administration had proposed for the year.

The DOE Hanford Richland Operations Office, which is responsible for the rest of environmental cleanup at the nuclear reservation, will receive $1.039 billion, which is down about $3 million from the 2011 administration request.

Hanford will be able to continue its momentum on environmental cleanup along the Columbia River, at the Plutonium Finishing Plant in central Hanford and on projects to clean up contaminated ground water, said Matt McCormick, manager of the DOE Richland Operations Office.

If Hanford had also seen a larger share of the budget cutbacks in the continuing resolution, additional layoffs would have been needed by September's end, but that is no longer the case.

Which by the way our leadership had predicted based on conversations with local and state politicians and Department of Energy Officials.

Read more: http://www.tri-cityherald.com/2011/05/20/1496918/hanford-avoids-most-budget-cuts.html#ixzz1MutZQjSo

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