More Budgets and Deficits Articles

  • Obama to press for action on transportation funds

    WASHINGTON (AP) — President Barack Obama is pressing Congress to make a long-term commitment to keep highway and transit aid flowing to states, but lawmakers appear headed for a short-term patch to sustain projects through next May. Obama has proposed a $302 billion, four-year transportation...

  • 'Complicated' Detroit bankruptcy vote out July 21

    DETROIT (AP) — The counting of votes cast by creditors in Detroit's bankruptcy case is a "little complicated," but the city is on track to report results next week, an attorney said Monday. More than 30,000 retirees and current and former workers were eligible to vote on pension changes...

  • White House backs GOP highway bill, putting it at odds with Democrats

    The White House signaled support late Monday for a short-term Republican fix to the Highway Trust Fund, backing a GOP bill slammed by Democratic leadership.

  • U.S. jails struggle with role as makeshift asylums

    The numbers, posted daily on the Cook County sheriff's website, would be alarming at an urgent care clinic, let alone a jail: On a Wednesday, 36 percent of all new arrivals report having a mental illness. On a Friday, it's 54 percent.

  • Tom Corbett veto exposes GOP divisions in Harrisburg

    The relationship between Gov. Tom Corbett and his fellow Republicans in the Legislature took a turn toward the dysfunctional this week as they traded insults about leadership following his decision to veto millions from the General Assembly's budget.

  • Alabama Gov. Robert Bentley looking at all possibilities on revenue

    Gov. Robert Bentley's opposition to new state taxes during his first term could change in a second term.

  • Obama wants to make this week all about infrastructure

    For the White House, it's infrastructure week. Even as House Republicans debate a lawsuit against President Obama for overstepping his executive authority and critics focus on the crisis at the U.S.-Mexico border, Obama will instead put the spotlight on America's roads, bridges and railways....

  • HUD program, meant to help, actually hurts, IG reports

    A $353 million effort to help federal officials better manage public housing assistance instead "created further opportunity for fraud, waste, and abuse of taxpayer dollars," according to a government watchdog. Created in 2007, the Department of Housing and Urban Development's Public Housing...

  • New York disburses $185M in security funding

    ALBANY, N.Y. (AP) — Cities and towns across New York state are set to receive $185 million for anti-terrorism initiatives, bomb squads, 911 upgrades and other homeland security-related programs. Gov. Andrew Cuomo announced the grants from the state and federal governments this week. More...

  • House chairman: $3.7B border request 'too much'

    WASHINGTON (AP) — A key Republican said Friday that President Barack Obama's multibillion-dollar emergency request for the border is too big to get through the House, as a growing number of Democrats rejected policy changes Republicans are demanding as their price for approving any money. The...

  • Cutoff passes in Detroit bankruptcy creditor vote

    DETROIT (AP) — The deadline passed Friday for thousands of creditors to vote on Detroit emergency manager Kevyn Orr's bankruptcy restructuring plan for the city. Ballots had to be received no later than 5 p.m. EDT by a consulting company in California to be counted in the largest municipal...

  • Patrick signs $36B state budget, announces vetoes

    BOSTON (AP) — Gov. Deval Patrick signed into law Friday the final state budget of his administration, while also asking lawmakers to expand his authority to order spending cuts, if needed, during his last months in office. The $36.5 billion budget for the fiscal year that began July 1 is a...

  • Some Illinois lawmakers voluntarily giving up pay

    CHICAGO (AP) — Some Illinois lawmakers are taking matters into their own hands after the Legislature moved for the first time in years not to take furlough days to save taxpayer dollars. Democratic state Reps. Fred Crespo, Marty Moylan and Republican Rep. Don Moffitt are among those who plan...

  • White House: 2014 budget deficit to drop to $583B

    WASHINGTON (AP) — White House: 2014 budget deficit to drop to $583B.

  • US records $71 billion budget surplus in June

    WASHINGTON (AP) — The U.S. government ran a monthly budget surplus in June, putting it on course to record the lowest annual deficit since 2008. The Treasury Department said Friday that its June surplus totaled $71 billion, following a $130 billion deficit in May. The government also ran a...



From the Weekly Standard