More Budgets and Deficits Articles

  • Medicaid expansion is expensive for both states and the poor

    Following the Supreme Court ruling two years ago that made the Affordable Care Act's Medicaid expansion basically optional, several states around the country are still in the process of deciding whether they will expand the program or not. Although Florida, Utah and Virginia have signaled...

  • VIDEO: John Boehner, Nancy Pelosi discuss Republican spending plan

    On Thursday, the House of Representatives passed the Republican budget drafted by Budget Committee Chairman, Rep. Paul Ryan, R-Wis.

  • US budget deficit falls in March to $37 billion

    WASHINGTON (AP) — The U.S. government's budget deficit shrank to just $37 billion in March from $107 billion in the same month last year, the latest sign of improvement in the nation's finances. The deficit was the lowest for the month of March in 14 years. The deficit fell partly because...

  • House passes Paul Ryan's budget plan

    The House on Thursday passed a 10-year Republican spending plan drafted by Budget Committee Chairman Paul Ryan that promises to balance the budget by cutting Democratic-championed programs like Medicare, Medicaid and food stamps.

  • Harvard study: Your share of the federal debt is $106,000

    American workers would have to cough up a one-time “debt reduction fee” of $106,000 to pay off the nation's debt that has grown 58 percent under President Obama, according to Harvard University's Institute of Politics annual report on the USA. The 91-page report provided to Secrets pegged...

  • Detroit reaches bankruptcy deal over some bonds

    The city of Detroit reached a deal in bankruptcy over $388 million in bonds, mediators announced Wednesday, a significant agreement that could influence other creditors to try to get a settlement.

  • Massachusetts governor to unveil development plan

    BOSTON (AP) — Gov. Deval Patrick is unveiling a $100 million economic development proposal he says will better train Massachusetts' workers while promoting development and offering job creation incentives. Patrick says he wants to expand the state's international marketing efforts, eliminate...

  • Senate to vote on Tennessee's $32.4B spending plan

    NASHVILLE, Tenn. (AP) — The state Senate is ready to vote on a $32.4 billion spending plan for the budget year beginning in July. The Senate Finance Committee voted 9-2 on Wednesday to advance the budget plan to a full Senate vote. The plan removes previously planned salary increases for...

  • Enrollees in Obamacare's exchanges used more costly prescription drugs than is typical, report says

    Americans who obtained health insurance on exchanges through President Obama's health care law are using more costly prescription drugs than is typical, according to a new report from Express Scripts, the nation's largest provider of pharmacy benefits. Because claims for prescription drugs...

  • Small businesses in limbo again on tax breaks

    NEW YORK (AP) — Small businesses are in limbo as they wait for Congress to make decisions that could save them a lot of money. Bills in Congress would extend tax deductions widely used by small businesses making equipment or property purchases. One, known as the Section 179 deduction, has...

  • Virginia Senate passes budget with expanded Medicaid

    The Virginia Senate approved its version of a roughly $96 billion two-year budget Tuesday as Republicans and Democrats pointed fingers over who is responsible for a potential state government shutdown.

  • Ohio committee tweaks, passes midterm budget bill

    A Republican-dominated state legislative panel on Tuesday approved a midterm budget bill that would send more money to family and children services and bolster efforts to combat drug abuse.

  • Illinois Legislature OKs Chicago pension overhaul

    State lawmakers on Tuesday approved Chicago Mayor Rahm Emanuel's proposal for overhauling two city pension programs that officials say could otherwise be out of money in little more than a decade.

  • Q&A: Paul Ryan guides Republicans back to robust defense spending

    With his final spending proposal as House Budget Committee chairman, Wisconsin Rep. Paul Ryan is attempting to move the Republican Party back to its Reagan roots as committed to investing in a strong defense even amid challenging budgetary conditions.

  • GOP lawmakers balk when spending cuts turn real

    WASHINGTON (AP) — When House Republicans pass Rep. Paul Ryan's budget for a fourth year in a row this week, they'll go on record again in favor of big spending cuts across a wide swath of programs, including Medicaid, food and farm aid and eliminating subsidies for Amtrak and airline flights...



From the Weekly Standard

  • Why the New York Times Poll Is Bogus

    The Arkansas Senate race has been close in virtually every serious poll. The Republican challenger, Tom Cotton, probably had a small lead a month or so ago; after a massive negative assault on him...

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  • Hustle Is Overrated

    The Bryce Harper-Mike Trout showdown is underway and the outcome is, well, inconclusive. In round one Monday night, the Nationals leftfielder walked and went hitless in three at bats while the...

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  • Kennedy’s Question

    We often think of the Constitution as a two-part document: first the original 1787 text, which primarily establishes the government’s structure; and then the amendments, which primarily set...

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