More Budgets and Deficits Articles

  • Illinois treasurer fires 3 staffers

    SPRINGFIELD, Ill. (AP) — Illinois Treasurer Dan Rutherford fired three top administrators last week after an investigation found they allegedly faked records and, in one case, engaged in "workplace harassment," according to documents obtained Monday by The Associated Press. The move is the...

  • Quinn announces $11.6M for disaster recovery

    WASHINGTON, Ill. (AP) — Gov. Pat Quinn has announced $11.6 million in aid for communities recovering from deadly tornadoes that occurred in November 2013. Quinn stopped in the central Illinois community of Washington on Monday. It was among the hardest hit communities when roughly two dozen...

  • Government will take every penny you've earned so far this year: Examiner Editorial

    As Americans celebrated this nation's birthday on July 4, most were likely unaware of a less uplifting commemoration that fell on the calendar during the same holiday weekend. That was Cost of Government Day, or July 6, 2014. The date's significance is one of political math and symbolism. By the...

  • Pence, Ritz seek federal dollars without strings

    Last week saw two diametrically opposed Indiana politicians go to great lengths to ensure the state wins large sums of federal money without the strings that are normally attached.

  • Tax breaks cost Ohio $63 million last year

    An Ohio Department of Taxation report finds that since 2012 the amount of tax credits granted businesses promising to create and retain jobs has been going up.

  • Congress has just weeks to replenish expiring highway fund

    Roadwork nationwide could screech to a halt if Congress doesn't act soon.

  • State office building racks up millions in repairs

    SACRAMENTO, Calif. (AP) — During her final years working for the state tax board, Peggy Robinson went to work afraid of the building mold that she says left her with constant coughing, headaches and skin rashes. She also recalls water problems culminating in burst pipes flooding floors and...

  • Tight Illinois budget still contains pet projects

    CHICAGO (AP) — The new state budget signed by Gov. Pat Quinn last week left lawmakers from both parties unhappy — but it didn't leave them empty-handed. Among expenses in the $35.7 billion spending plan, tucked into a document thousands of pages long, are millions of dollars for pet...

  • Deadline approaches for bankruptcy plan vote

    DETROIT (AP) — The most anticipated vote in Detroit this summer isn't for a city office. Instead, ballots due by Friday from city retirees could determine how quickly Detroit exits its historic bankruptcy and how much of the financial weight pensioners will bear. Non-uniformed retirees are...

  • California lawmakers OK stealth bomber tax break

    SACRAMENTO, Calif. (AP) — A corporate battle over a giant Pentagon contract to build stealth bombers spilled into the California Legislature on Thursday, as lawmakers grudgingly rushed through a $420 million tax credit for an aerospace contractor before adjourning for their monthlong summer...

  • Juneau lays off staff to meet $6M budget deficit

    JUNEAU, Alaska (AP) — A new fiscal year means layoffs for Juneau, where the combined city and borough was dealing with a $6 million deficit. Juneau has cut the equivalent of 12 fulltime employees as of Tuesday. KTOO reports (http://is.gd/jNXyd8) other employees have had their hours cut, and...

  • Virginia college savings plan tops $50B

    RICHMOND, Va. (AP) — Virginia's prepaid college tuition program has reached a milestone with more than $50 billion in assets under management. The Virginia529 College Savings Plan said Wednesday that the figure represents the college savings of 1.4 million account owners. According to the...

  • Road projects delayed because of federal shortfall

    FRANKFORT, Ky. (AP) — Kentucky transportation officials have delayed $185 million worth of road construction projects - including a project to widen a dangerous stretch of I-65 -because of a looming shortfall in the federal Highway Trust Fund. The trust fund is the main way states pay for...

  • US govt get $946M from Puerto Rico's Popular bank

    SAN JUAN, Puerto Rico (AP) — The U.S. Treasury Department says the government has received a total of $946 million in repayment from the Puerto Rican bank Popular Inc. as part of a federal bailout program. The treasury said Wednesday that Popular was the largest bank that remained in the...

  • Missouri city opts not to pay for flood protection

    CLARKSVILLE, Mo. (AP) — For years, tiny Clarksville has paid for temporary sandbag walls to protect its quaint business district and historic waterfront homes from Mississippi River flooding. But unwilling to raid its coffers again despite rising water levels, the city has left it to...



From the Weekly Standard