More Budgets and Deficits Articles

  • Tough tax votes loom in Illinois

    Faced with an expected $3 billion budget hole from an expiring income tax increase, Illinois lawmakers are grappling with whether to raise taxes to avoid major cuts to schools and social services next year.

  • Wisconsin schools turn more often to voters for money

    A growing number of Wisconsin school districts are asking to raise taxes to cover salaries, utilities and other basic costs, and voters are approving their requests at record rates.

  • Boston mayor seeks tax breaks for Fenway project

    BOSTON (AP) — Boston Mayor Martin Walsh is proposing a $4.6 million tax break to spark construction of a $550 million retail-residential development near Fenway Park that would straddle the Massachusetts Turnpike. A vote on the financing is scheduled for Thursday at a Boston Redevelopment...

  • In Iowa, Paul Ryan says budget a step toward GOP unity

    Republican U.S. Rep. Paul Ryan told an Iowa audience Friday that his party can and must come together, and he held out his recently passed budget plan as a sign of growing GOP unity.

  • Alaska Senate passes capital budget

    The state Senate passed a $2.2 billion state capital budget Friday, along with a bill to raise the borrowing limit of the Alaska Municipal Bond Bank Authority as part of an overall package to help build a new heat and power plant at the University of Alaska Fairbanks.

  • Arizona governor signs manufacturer tax cut law

    PHOENIX (AP) — Arizona Gov. Jan Brewer on Friday signed into law a bill that eliminates sales taxes on electricity and natural gas purchased by manufacturers and mining smelters, a move she said was needed to make the state more attractive to large businesses. Brewer signed Senate Bill 1413...

  • Two potential candidates to succeed Sylvia Matthews Burwell as budget chief

    President Obama's nomination of Sylvia Mathews Burwell to replace Kathleen Sebelius as HHS secretary leaves open Burwell's position as director of the Office of Management and Budget. Of the two deputy directors, Brian Deese and Beth Cobert, Deese may be the more likely candidate.

  • Sylvia Mathews Burwell: Obama's behind-the-scenes budget warrior

    Sylvia Mathews Burwell, President Obama's budget director, was at ground zero of the government shutdown showdown, but you wouldn't know it from the headlines. With Kathleen Sebelius departing, Burwell will be tapped to lead the Health and Human Services Department.

  • Tax refund fraud is a big frustration for victims

    TOLEDO, Ohio (AP) — Laura Hankins knew something was wrong when she filed her daughter's tax return and it was rejected hours later: An identity thief already had sent in a return using the 19-year-old's personal information. "This is the first time in her life she has ever filed income...

  • $4 billion: Bogus tax refunds a growing problem

    WASHINGTON (AP) — An Internet connection and a bunch of stolen identities are all it takes for crooks to collect billions of dollars in bogus federal tax refunds. And the scam is proving too pervasive to stop. A government report released in November said the IRS issued nearly $4 billion in...

  • House passes Ryan budget with big cuts

    WASHINGTON (AP) — House Republicans rallied behind a slashing budget blueprint on Thursday, passing a non-binding but politically imposing measure that promises a balanced federal ledger in 10 years with sweeping budget cuts and termination of health care coverage under the Affordable Care...

  • 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.

From the Weekly Standard

  • Through a Google Glass, Darkly

    “Just because something bears the aspect of the inevitable one should not, therefore, go along willingly with it.” ​—​Philip K. Dick

  • 2014 ≠ 2016

    Polls are overrated, but they can be still instructive. So what’s to be learned from a Fox News survey of 1,012 registered voters conducted April 13-15? 

  • As Goes North Carolina

    Raleigh, N.C.  To win the Senate, Republicans must win North Carolina. While it’s mathematically possible to take the Senate without ousting Democratic senator Kay Hagan, the chances of that...