More Budgets and Deficits Articles

  • Quinn signs $1B plan for road repair in Illinois

    CHICAGO (AP) — Gov. Pat Quinn signed an approximately $1 billion capital spending plan on Tuesday intended to create jobs and help repair and improve Illinois roads and bridges after a harsh winter. The Chicago Democrat approved the bipartisan legislation that also will provide lawmakers with...

  • Inflation flattens out in June, and some good news for consumers

    Consumer inflation held steady at 2.1 percent yearly in June, the Bureau of Labor Statistics reported Tuesday morning.

  • Detroit retirees vote in favor of pension cuts

    DETROIT (AP) — Workers and retirees approved pension cuts in Detroit's bankruptcy by a landslide, the city reported Monday, a crucial step to emerging from the largest municipal insolvency in U.S. history. The city disclosed results from two months of balloting, which ended July 11. Judge...

  • Congress faces gridlock on Veterans Affairs and border spending bills

    With just days left for Congress to legislate before adjourning for the summer, House and Senate leaders remain at odds over major border legislation and a bill to overhaul the troubled Veterans Affairs department.

  • Expert says Detroit bankruptcy plan is feasible

    DETROIT (AP) — An expert hired to advise Detroit's bankruptcy judge says the city's plan to get out of Chapter 9 is feasible but there still are many challenges. Marti Kopacz says the city's computer system "is so broken" that it threatens to thwart Detroit from meeting its commitments. She...

  • Detroit: No water shutoffs for next 15 days

    DETROIT (AP) — Detroit suspended its aggressive policy of cutting off water to customers with unpaid bills on Monday, the latest response to a controversy that has prompted large protests and caught the attention of the judge overseeing the city's bankruptcy. The city said there will be no...

  • More than $2.1M approved for farm projects

    FRANKFORT, Ky. (AP) — More than $2.1 million has been approved for agricultural diversification projects in Kentucky. The Kentucky Agricultural Development Board says the funding goes to 19 projects, ranging from a farm-to-table program in Louisville to a livestock slaughter facility in...

  • Douglas County retirees lose health plan challenge

    Douglas County is not obligated to contribute the same amount to retiree health plans as it does for active employees, the Nebraska Supreme Court has ruled.

  • Tom Corbett seeks to change view of education record

    Since 2011, Pennsylvania Democrats have pointed to the budget-balancing cuts in education aid that GOP Gov. Tom Corbett signed six months into office. And there's evidence voters are listening: A recent independent voter poll found that the single biggest factor behind voter disapproval of...

  • GOP hopefuls differ on how to rein in state budget in Minnesota

    On its current trajectory, Minnesota's next two-year state budget will top the $40 billion mark. The Republicans seeking to defeat Democratic Gov. Mark Dayton say they would slam the brakes on spending if they're put in charge.

  • Detroit seeing upgrades ahead of bankruptcy trial

    DETROIT (AP) — Detroit neighborhoods are being relit, its vacant homes are being sold off or torn down, its public transportation is cleaner and more often on schedule and the city has renegotiated some burdensome union contracts. In the little more than a year since state-appointed emergency...

  • Agriculture chief visits water-starved families

    SAN FRANCISCO (AP) — U.S. Agriculture Secretary Tom Vilsack visited drought-stricken homeowners on Friday in Central California, saying drought and climate change would require major investment to secure future water supplies. Vilsack also announced $9.7 million in new emergency drought aid...

  • How to shore up the highway fund

    The Highway Trust Fund is broken. Slated to run out of money by Aug. 1, the fund has relied on an 18.4-cent per gallon gasoline tax last raised in 1993.

  • Roads are in bad shape, but just how bad?

    Transportation funding relies on data, but White House's recent rating of "poor"-condition roads in D.C. shows the numbers are all over the lot.

  • Another warning that a national debt crisis is looming

    It's no longer popular in Washington these days to discuss the nation's long-term debt problem, but a report released on Tuesday by the Congressional Budget Office provided a stark reminder that a looming crisis is approaching, and the longer the nation waits to address it, the more difficult it...



From the Weekly Standard