More Budgets and Deficits Articles

  • McAuliffe orders cuts to Virginia state agencies

    RICHMOND, Va. (AP) — Virginia Gov. Terry McAuliffe is ordering state agency heads to come up with across-the-board budget cuts for the next two years in order to cope with a more than $880 million budget shortfall. McAuliffe's chief of staff, Paul Reagan, sent a memo to agency chiefs on Friday...

  • NY state overtime costs on pace for record high

    ALBANY, N.Y. (AP) — New York state agencies racked up more than $316 million in overtime in the first six months of 2014, according to the state comptroller's office, continuing a recent trend of sharply higher overtime costs for taxpayers. If the pace continues, New York will spend nearly...

  • GOP leader says Labor Dept. is wasting tax money

    WASHINGTON (AP) — The chairman of a House panel is asking Labor Secretary Thomas Perez to turn over to Congress documents and information he alleges will show "a pattern of wasteful spending and mismanagement" at the Labor Department. GOP Rep. Darrell E. Issa of California, who chairs the House...

  • US closes probe into Camry Hybrid brake problems

    DETROIT (AP) — An eight-month investigation into brake problems with some older Toyota Camry gas-electric hybrids has been closed without a recall. The National Highway Traffic Safety Administration began the probe in January after getting complaints of malfunctions that reduced power-assisted...

  • Paul Ryan: Limit home mortgage deduction to the middle class

    Rep. Paul Ryan said in an interview on Monday that he favors limiting the home mortgage tax deduction to "middle income people" but opposes curbing deductions for contributions to charity.

  • The Obama bank shakedown

    The Bank of America settlement "highlights a pattern of the government extorting the banks," said a former Wells Fargo CEO, and he's absolutely right.

  • VIDEO: Ed Gillespie pushes tax cuts during Northern Virginia campaign swing

    Virginia Republican candidate for Senate Ed Gillespie pushed the need to lower the corporate tax rate to 25 percent Monday.

  • The White House hates tax inversions but won't criticize Burger King

    The White House resisted a chance Monday to denounce Burger King for potentially relocating its headquarters to Canada as part of a possible purchase of doughnut and coffee chain Tim Hortons, even though President Obama has repeatedly ripped such corporate moves.

  • Md. adds $6.9 million to school lunch program

    BALTIMORE (AP) — The Maryland State Department of Education says it's awarding $6.9 million in state funds to 481 schools to supplement a federal school-breakfast program. The state agency says the state funds will provide in-classroom breakfast to more than 240,000 students this school year....

  • Job No. 1 for the next Pennsylvania governor? A huge budget gap

    Job No. 1 for whoever wins this fall's election for Pennsylvania governor likely will be trying to solve the state government's messy fiscal situation.

  • Tax refunds may get hit due to health law credits

    WASHINGTON (AP) — Taxes? Who wants to think about taxes around Labor Day? But if you count on your tax refund and you're one of the millions getting tax credits to help pay health insurance premiums under President Barack Obama's law, it's not too early. Here's why: If your income for 2014 is...

  • California push to avert higher gas prices stalls

    SACRAMENTO, Calif. (AP) — Lawmakers from both parties are pushing to halt an increase in the price of gasoline and other fuels expected to hit consumers in January, but their efforts appear to be dead with just a week to go in the legislative session. A pair of bills — one sponsored by...

  • New Jersey lawmakers may change inheritance tax

    TRENTON, N.J. (AP) — Lawmakers are looking into repealing New Jersey's inheritance tax and raising the threshold for paying an estate tax. The state is one of only two that taxes both now, according to The Record (http://bit.ly/1p4cfEn). The inheritance tax makes those other than the spouse,...

  • Layoffs raise new issues in state hiring dispute

    SPRINGFIELD, Ill. (AP) — Gov. Pat Quinn's unexpected move to deal with a scathing report about political hiring in his administration will not put the jobs scandal to rest as he mounts a difficult campaign for re-election. Quinn aides announced last week that the state Department of...

  • High stakes for NYC mayor over rollout of pre-K

    NEW YORK (AP) — With the school year less than two weeks away, New York City is racing to complete an unprecedented prekindergarten expansion — and its success or failure could have major political implications for its first-year mayor, Bill de Blasio. De Blasio made the establishment of...



From the Weekly Standard

  • No Mo’ Cuomo?

    Queens, N.Y. Peter Tu is thrilled about meeting with Rob Astorino, the Republican candidate for governor of New York. Tu is the executive director of the Flushing Chinese Business Association...

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  • Hamas’s Media Strategy

    During the six weeks of Israel’s Operation Protective Edge, Hamas has used human shields—women and children—to protect its infrastructure in Gaza. This tactic is meant either to deter Israel from...

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  • Scotland the Brave

    If at first you don’t secede, try, try again. This might be the motto of Alex Salmond’s Scottish National party, which since 1934 has been advocating the proposition that Scotland should be an...

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