More Budgets and Deficits Articles

  • Congressional Budget Office projects deficit to fall to $492 billion in 2014

    The Congressional Budget Office projected Monday that the federal deficit will fall to $492 billion for fiscal 2014. At just 2.8 percent of gross domestic product, that would be the smallest budget shortfall as a share of the economy since 2007, and a significant drop from last year's $680...

  • Chances of getting audited by IRS lowest in years

    WASHINGTON (AP) — As millions of Americans race to meet Tuesday's tax deadline, their chances of getting audited are lower than they have been in years. Budget cuts and new responsibilities are straining the Internal Revenue Service's ability to police tax returns. This year, the IRS will...

  • HHS pick decries D.C. bickering, says more done during Clinton impeachment

    Washington's acid partisanship responsible for policy gridlock is even worse than during the impeachment of former President Bill Clinton, according to President Obama's pick to replace resigning Health and Human Services Secretary Kathleen Sebelius. Sylvia Mathews Burwell, currently the...

  • 'Tax Man' Obama has sought 442 tax increases

    April 15 is a hard day for many, as their annual federal tax bill comes due. But it could have been worse.

  • Alaska Gov. Sean Parnell's pension plan gets municipal support

    Municipal leaders on Saturday expressed support for Gov. Sean Parnell's approach to addressing the state's pension obligation.

  • 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...

From the Weekly Standard

  • The Conservative Case Against Obamacare: A Restatement

    Since Obamacare “hit” its “enrollment” “target,” Democrats, liberals, and their friends in the press have enjoyed some old-fashioned taunting of Republicans. This would be justifiable...

  • 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...