More Budgets and Deficits Articles

  • Gov. Scott promises to raise school funding again

    MIAMI (AP) — Hammered by his chief rival over cuts to school budgets, Florida Gov. Rick Scott on Thursday made an election-year promise to boost money for public schools if he's re-elected. Scott vowed to recommend a roughly $700 million increase to public schools for 2015 — which would push...

  • Treasury looks to stop 'corporate deserters' on its own

    President Obama may not be able to stop "corporate deserters" from taking up legal residency in low-tax countries. But it appears that his Treasury Department will try to make the prospect of leaving the U.S. as unattractive as possible.

  • Bank of America settles for record $17 billion in mortgage inquiry

    The Department of Justice said that it would be the single largest settlement with a U.S. business in history. The agreement includes $9.65 billion in cash paid out to federal and state agencies, and nearly $7 billion in consumer relief to borrowers hurt by the mortgage crisis.

  • Arkansas lottery scales back budget projections

    LITTLE ROCK, Ark. (AP) — The Arkansas Lottery Commission has lowered its budget projections for money raised for scholarships by $3 million. The commission unanimously approved a revised budget Wednesday, reducing that projection to $78.2 million, the Arkansas Democrat-Gazette reported...

  • Argentina defends plan to pay creditors outside US

    BUENOS AIRES, Argentina (AP) — Argentina will make its next round of scheduled debt payments, the economy minister said Wednesday as he defended a new plan to pay creditors locally and avoid the jurisdiction of a U.S. court that forced the country into default last month. Under legislation that...

  • Judge adjusts Detroit bankruptcy trial schedule

    DETROIT (AP) — The Detroit bankruptcy trial will start Sept. 2 after the judge decided to move some testimony to later in the case. Federal Judge Steven Rhodes must decide whether Detroit's plan to get out of bankruptcy is fair and feasible. Rhodes had planned to first hear testimony on Aug....

  • US government sells 400,000 acres offshore Texas

    The federal government has sold more than 400,000 acres in the Gulf of Mexico off the Texas coast for oil and gas exploration and development, an official with the U.S. Bureau of Ocean Energy Management said Wednesday. The acreage represents a fraction of the 21.6 million acres the agency had...

  • You're not crazy, parents: Textbook prices have soared since you were in college, and here's why

    How on Earth have textbooks become so wildly expensive?

  • Bloomberg offers grants to help cities innovate

    American cities looking to be more innovative in how they address local issues can now get a helping hand from former New York City Mayor Michael Bloomberg's charitable foundation.

  • California committee approves higher pension calculations

    A state pension fund committee on Tuesday approved retirement calculations for new government hires despite concerns about so-called "pension spiking" raised by Gov. Jerry Brown and local governments.

  • Bobby Jindal supports reversal of Edmonson pension boost

    Gov. Bobby Jindal believes the last-minute passage of a pension hike for his state police superintendent, Col. Mike Edmonson, was improperly handled and should be repealed, the governor's office said Tuesday.

  • Maine House Speaker's bills address aging issues

    Maine's Democratic House speaker is outlining a series of policy proposals aimed at helping the state's rapidly aging population.

  • Plans for gambling aired around New Jersey

    Developments about the future of gambling in New Jersey came out of Atlantic City, Trenton and the Meadowlands on Tuesday. — MEADOWLANDS CASINO ... AND MONORAIL Business leaders laid out plans to transform the Meadowlands into a multi-venue entertainment district, with casinos, hotels, a...

  • Pascagoula, Miss., to seek $15 million infrastructure loan

    PASCAGOULA, Miss. (AP) — Pascagoula leaders have decided to go to the Mississippi Development Bank for $15 million in bonds for infrastructure work around the city. The Mississippi Press reports ( ) the money will be used for streets, sidewalks, public parking facilities,...

  • $150M convention center proposed for Williston

    WILLISTON, N.D. (AP) — A Chicago-based real estate developer wants to build a $150 million convention center complex in Williston using public money. The proposal by The Prime Group is to spend about $115 million on a hotel, retail and office development, with local or state funds paying for a...

From the Weekly Standard