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Gray touts economic goals in State of District

Tuesday - 2/7/2012, 9:02pm  ET

WASHINGTON - District of Columbia Mayor Vincent Gray says the district is in better financial shape than any state, but fiscal discipline will be critically important to maintain that status.

Gray spent much of his annual State of the District address Tuesday night discussing his economic and fiscal achievements and goals. He touted the growth in the district's reserve fund.

The mayor also says he wants the district to become a technology hub. He plans to travel to China this year to promote the district's expertise in environmentally friendly construction. It would be his first trip abroad as mayor.

Unlike in last year's address, Gray touched on the hiring scandals that marked the early months of his tenure. He says he takes responsibility for those mistakes and has implemented needed reforms.

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