More Budgets and Deficits Articles

  • Illinois to spend another $102M on high-speed rail

    CHICAGO (AP) — The state of Illinois will spent $102 million to build a bridge over the Kankakee River along with other improvements as part of high-speed rail upgrades between Chicago and St. Louis. Gov. Pat Quinn announced the funding on Sunday. The bridge will be built near Wilmington. The...

  • Detroit raced toward this week's bankruptcy trial

    DETROIT (AP) — The trial to determine whether bankrupt Detroit's restructuring plan will be approved is set to begin just over a year after the city sought court protection in July 2013. The confirmation trial for the largest municipal bankruptcy in U.S. history starts Tuesday in federal court....

  • Illinois Gov. Pat Quinn announces $14.4 million in park grants

    CHICAGO (AP) — Illinois Gov. Pat Quinn has announced $14.4 million in investments for park development and storm water management on Chicago's south side and south suburbs. Projects include a $2.1 million grant for an expansion of the Sandridge Community Center in Calumet City, a $2 million...

  • Sonoma County declares $4.5M in quake damages

    SANTA ROSA, Calif. (AP) — Sonoma County is declaring a local emergency relating to last Sunday's magnitude-6.0 earthquake centered near the city of Napa. The proclamation made on Saturday clears the way for county residents and business owners who had property damage to seek state and federal...

  • ACORN-linked groups may profit in Bank of America settlement

    Congress banned federal funding for ACORN in 2009 after years of allegations of misuse and corruption, but many of its local chapters reorganized under new names and continued their previous operations.

  • Pentagon: Iraq operations cost $560 million so far

    WASHINGTON (AP) — U.S. military operations in Iraq, including airstrikes and surveillance flights, have cost about $560 million since mid-June, the Pentagon said Friday. Rear Adm. John Kirby, the Pentagon press secretary, said the average daily cost has been $7.5 million. He said it began at a...

  • Fla. Gov. Scott promises new tax cuts for 2nd term

    TALLAHASSEE, Fla. (AP) — Republican Gov. Rick Scott on Friday outlined proposed tax cuts he pledges to make if re-elected and said he will continue to promote them during a two-week campaign tour. Scott said he will try to push through more than $1 billion in tax cuts over the next two years....

  • Duke proposes $1.9 billion Indiana grid upgrade

    INDIANAPOLIS (AP) — Duke Energy asked state regulators Friday to approve a nearly $2 billion upgrade of its Indiana electric grid, improvements the utility said would help reduce power outages by adding "self-healing" smart technologies to the grid. Duke is Indiana's largest electric utility,...

  • Figures on government spending and debt

    WASHINGTON (AP) — Figures on government spending and debt (last six digits are eliminated). The government's fiscal year runs Oct. 1 through Sept. 30.

  • APNewsBreak: Iowa State loans went to regent's LLC

    IOWA CITY, Iowa (AP) — The agribusiness owned by Board of Regents President Bruce Rastetter was awarded $480,000 in no-interest loans from an Iowa State University center a few months after he joined the school's governing board, records show. The loans from the Iowa Energy Center helped Summit...

  • Detroit gets $275 million financing from Barclays

    DETROIT (AP) — Detroit's state-appointed emergency manager says Barclays PLC will provide $275 million to fund the city's exit from bankruptcy. Emergency manager Kevyn Orr's office said Thursday the money will be used to pay off a $120 million loan. It will also fund city revitalization efforts...

  • Governor hopefuls rip each other on hiring, taxes

    CHICAGO (AP) — The candidates for Illinois governor sharpened their attacks on each other Thursday, with Gov. Pat Quinn saying Bruce Rauner's plan to tax some services will help wealthy people like Rauner but hurt hardworking families, and the Republican businessman calling Quinn's efforts to...

  • Ignoring the U.S. debt problem won't wash it away

    Just like a heart patient straying from his diet as time passes after his heart attack, the political class has collectively decided to tune out the federal debt as an issue.

  • Poll shows huge lead for Tom Wolf over Pennsylvania Gov. Tom Corbett

    Corbett had gotten closer in recent polls, but Thursday's release shows the Democrat Wolf with 49 percent and the incumbent governor with 24 percent.

  • Congress: Yes to pork, no to cutting debt

    Many say lawmakers are missing an opportunity to trim pork, waste and duplicative services from the budget.



From the Weekly Standard

  • ‘We Don’t Have a Strategy Yet’

    "Rooting out a cancer like ISIL won’t be easy and it won’t be quick,” President Obama told the American Legion’s annual convention in Charlotte on Tuesday, August 26. He repeated the thought in...

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  • Small Ball in Wisconsin

    West Allis, Wis. --  Scott Walker looked relaxed. Dressed in light blue Levi’s jeans, a navy polo shirt, and white and gray Nike sneakers, the Wisconsin governor had just finished speaking at a...

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  • Democrats Take the Low Road

    Conway, Ark. "Tom Cotton voted against preparing America for pandemics like Ebola,” a TV ad in Arkansas declared last week. The ad came from Democrat Mark Pryor, who is running for reelection to...

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