More Budgets and Deficits Articles

  • Senate Finance proposes $9.1 billion operating budget

    The Senate Finance Committee has proposed a $9.1 billion state operating budget, comparable in size to the package the House recently passed.

  • Winter's snowy barrage hammers US road budgets

    TRAVERSE CITY, Mich. (AP) — As spring officially begins, officials across much of the nation are still paying the bills for keeping roads clear during the cold, snowy winter. From the Great Plains to New England, many state and local governments have blown their budgets for plowing, salting...

  • Va transportation board awards $72.7M in funding

    RICHMOND, Va. (AP) — Virginia's Commonwealth Transportation Board has awarded five contracts worth $72.7 million for new construction and paving projects. The board awarded the contracts at a meeting Wednesday. The projects include improvements in Fredericksburg, the building of a bike trail...

  • Royal Oak Township financial emergency confirmed

    ROYAL OAK TOWNSHIP, Mich. (AP) — Gov. Rick Snyder has confirmed that a financial emergency exists in Oakland County's Royal Oak Township. The state treasurer's office said Wednesday that elected officials in the impoverished community of 2,400 just north of Detroit have seven days to select...

  • US current account deficit falls to 14-year low

    Big gains in exports and overseas investment income narrowed the U.S. current account deficit to the lowest level in 14 years in the October-December quarter.

  • Delaware House committee eyes proposed tax increase

    A state House committee is set to consider proposed tax increases that Gov. Jack Markell is counting on to help pay for his spending plan for the upcoming fiscal year.

  • Arkansas lawmakers to look at override, end session

    Arkansas lawmakers are returning to the state Capitol to formally end this year's session, but first are expected to consider whether to override Gov. Mike Beebe's veto of a $5 million tax exemption for natural gas drillers.

  • Inflation slows to just 1.1 percent through February

    Inflation slowed to just 1.1 percent annually in February, according to the Consumer Price Index published Tuesday morning by the Bureau of Labor Statistics. Core inflation, which factors out increases in food and energy prices and is generally less volatile, was higher, at 1.6 percent....

  • Arizona Senate to propose $9.2 billion budget

    A $9.2 billion spending plan that trims more than $150 million from Gov. Jan Brewer's proposal was introduced in the Arizona Senate on Monday, but Senate President Andy Biggs' proposal faces an uncertain future in the House and with Gov. Jan Brewer.

  • CFPB's spending skyrockets nearly 50 percent

    The CFPB balance sheet, published last week by the Fed's board of governors, may do little to quash concerns of critics and some in Congress that the agency needs tighter controls on its spending and additional oversight by those on Capitol Hill.

  • EXography: Five governors --- 4 GOPers, 1 Dem --- who cut state jobs the most since taking office in 2010

    Americans went to the polls and elected a whole crop of new governors in 2010 -- 26 in all, if you count the election of governors who had previously served non-consecutive terms in Iowa and Oregon.

  • New Hampshire senate panel holding hearing on gas tax hike

    New Hampshire's Senate continues to weigh a proposed 4-cent hike in the gas and diesel tax to help pay for highway improvements.

  • Tulsa looks to tackle $10 million budget shortfall

    The day after Dewey Bartlett Jr. won a second term as Tulsa mayor last year, he was asked about the estimated $6.4 million budget shortfall the city was dealing with at the time. Bartlett replied then that he thought Oklahoma's second-largest city could manage its way out of the deficit hole...

  • Veteran retirements highlight how much Congress has made itself powerless

    Stay in any job for six decades and you’re bound to be a bit jaded when you finally retire. “I find serving in the House to be obnoxious,” Rep. John Dingell recently told the Detroit News. “It's become very hard because of the acrimony and bitterness, both in Congress and in the...

  • Indiana Republicans' victories tempered by Senate, budget concerns

    Gov. Mike Pence and House Republicans entered the 2014 legislative session with big plans for education, taxes and roads, but they often found themselves running into Senate roadblocks.

From the Weekly Standard