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More Budgets and Deficits Articles

  • Californians to vote on $7.5 billion water plan

    SACRAMENTO, Calif. (AP) — Driven to action by the state's historic drought, California lawmakers on Wednesday voted to place a $7.5 billion water plan before voters in November. The measure marks the largest investment in decades in the state's water infrastructure and is designed to build...

  • Treasury takes step toward oil spill trust fund

    NEW ORLEANS (AP) — The U.S. Treasury has set out 97 pages of rules for investing and allocating money that BP PLC and other defendants will pay in Clean Water Act fines for the Gulf of Mexico oil spill of 2010. The rules released Wednesday formally set up a trust fund for money that state and...

  • Judge delays Detroit bankruptcy trial start 8 days

    DETROIT (AP) — A federal judge has ordered another postponement in the start of a trial on Detroit's bankruptcy plan. Judge Steven Rhodes says in his order Wednesday that Detroit officials intend to submit a revised debt restructuring plan. He says for that reason, he's postponing the schedule...

  • Correction: Postal Service-Losses story

    WASHINGTON (AP) — In a story Aug. 11 about U.S. Postal Service Revenues, The Associated Press reported erroneously that the agency blamed its $2 billion loss for the quarter ending June 30 on increases in compensation and benefit costs. Although those costs did increase slightly, the overall...

  • A showdown is coming over Social Security, but it's not about retirement

    The trust fund for the disability program will run out in late 2016, Social Security's Board of Trustees warned in late July. Without congressional action, disabled workers would immediately face a 25 percent cut in their benefits.

  • Despite the alarm bells, U.S. not getting hammered financially by companies leaving

    Companies leaving the U.S. for low-tax countries might not cost America as much as you thought.

  • Following its report on high-speed rail failure, New York Times calls for more federal funding

    Do the New York Times editorial writers read their own newspaper's front page?

  • Here's the newest conservative alternative to the minimum wage

    A top conservative economist thinks he has found a way to take President Obama at his word, and ensure that no one working full time has to live in poverty -- while getting rid of the minimum wage.

  • Section of California high-speed rail line OK'd

    SACRAMENTO, Calif. (AP) — Plans for construction of a 114-mile high-speed passenger rail line between Fresno and Bakersfield are official. The Fresno Bee reports (http://bit.ly/1l1nG4Y) that the federal Surface Transportation Board announced the plans Tuesday in a detailed report of the...

  • Creditor opposes Detroit debt plan, says scrap it

    DETROIT (AP) — A major Detroit creditor on Tuesday objected to the bankrupt city's plan to wipe out or reduce billions of dollars in debt, saying it should be scrapped before a trial scheduled to start next week. New York-based Syncora Guarantee said in a court filing that the plan put together...

  • States get $28M in grants to defray AP exam costs

    WASHINGTON (AP) — The Education Department said Tuesday that it was awarding $28.4 million in grants to 40 states, Washington, D.C., and the Virgin Islands to reduce the cost of advanced placement exams for low-income students. The department said the reduced cost will encourage low-income and...

  • US budget deficit running 24.2 percent below 2013

    WASHINGTON (AP) — The federal government ran a lower deficit this July than a year ago, keeping it on course to record the lowest deficit in six years. The July deficit was $94.6 billion, an improvement of 3.1 percent from a year ago, the Treasury Department reported Tuesday in its monthly...

  • Vermont lawmakers plan hearing on budget cuts

    Vermont lawmakers are planning a public hearing regarding a round of budget cuts proposed by the administration of Gov. Peter Shumlin.

  • State funding sought for western Pa. crime lab

    Officials in western Pennsylvania's Allegheny County are seeking millions of dollars from the state to help keep the county's crime laboratory operating.

  • Buffalo-area seniors on food stamps rises

    Buffalo and Erie County are seeing a big increase in the number of older residents receiving food stamps, though families with children continue to make up the largest group participating in the federal program, according to a report in The Buffalo News.



From the Weekly Standard

  • Yes, We Do Have a Strategy: Keep Out

    Say what you will about Barack Obama, but his approach to the Middle East has been ruthlessly consistent.  He was elected on the promise to end America’s involvement in the post-9/11 wars in Iraq...

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  • On the Origin of ISIS

    The Islamic State in Iraq and Syria, the terrorist army many thousand strong now rampaging through the Levant, embraces such an extreme, violent ideology that it makes even al Qaeda squeamish,...

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  • McConnell Aide Resigns As Ron Paul Scandal Develops

    Just before the start of the Labor Day holiday weekend, the reelection campaign for Mitch McConnell of Kentucky announced its campaign manager, Jesse Benton, was resigning. Benton was leaving the...

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