More Budgets and Deficits Articles

  • Work begins on $1.7m flood project in western N.Y.

    BUFFALO, N.Y. (AP) — Work is underway on a $1.7 million project to remove sand, gravel and silt from a creek in western New York to reduce the risk of flooding. Gov. Andrew Cuomo's office said Friday that the dredging work in Cayuga Creek in Erie County is a proactive approach to flood control...

  • Vermont grapples with aging prison facilities

    MONTPELIER, Vt. (AP) — With Vermont's prison facilities aging, lawmakers are beginning to grapple with whether to build new or patch up the old. The state Department of Buildings and General Services shared data with a legislative committee this past week on the maintenance costs of all eight...

  • Fla. earns $1.3 million from unclaimed property

    ORLANDO, Fla. (AP) — The state of Florida has earned $1.3 million from an auction of unclaimed property. State officials said last week that the money will be used for public school funding. The biggest-ticket item sold last weekend at the auction in Orlando was a $24,000 Cartier platinum and...

  • Taxpayers on hook for $6.5M to Bridgegate law firm

    TRENTON, N.J. (AP) — New Jersey taxpayers are on the hook for more than $6.5 million to the law firm Gov. Chris Christie hired to represent his office in the George Washington Bridge lane-closing scandal. The state attorney general's office released recent bills from Gibson Dunn & Crutcher on...

  • Voters to decide fate of Alaska oil production tax

    ANCHORAGE, Alaska (AP) — Amid a fog of conflicting claims, Alaskans head to the polls Tuesday to decide if the state's old system for taxing oil companies, passed in 2007 after some lawmakers were suspected of bribery, is better than the new system, a tax cut passed last year to try to attract...

  • Governor hopefuls target tax talk at middle class

    HARRISBURG, Pa. (AP) — Pennsylvania's middle class is getting a lot of attention from the gubernatorial candidates, especially on the subject of taxes, but the TV campaign messages are typically vague and sometimes just plain wrong. An attack ad for Republican incumbent Tom Corbett warns voters...

  • Va. facing larger budget shortfall than expected

    RICHMOND, Va. (AP) — Virginia is facing a larger shortfall in the current two-year state budget than officials had expected. But officials aren't ready to outline specific cuts. Gov. Terry McAuliffe told the General Assembly's finance committees Friday that officials are projecting a revenue...

  • Rail station bids exceed projected budget

    HONOLULU (AP) — Bids that came in for construction of the first nine stations of a Honolulu rail transit system indicate the project's cost may far exceed estimates. Each of the three bids exceeded the estimate by at least $100 million. The least expensive, a $294.5 million proposal from Nan...

  • NY pension fund estimate reaches $180.7 billion

    ALBANY, N.Y. (AP) — New York's pension fund for state and local government workers reported Friday reaching a record high of $180.7 billion following a 3.6 percent return on investment in the most recent quarter. That includes "solid performance" in domestic and global stocks, which account for...

  • Foreign holdings of Treasury debt top $6 trillion

    WASHINGTON (AP) — Foreign buyers of U.S. Treasury securities increased their holdings in June, topping $6 trillion for the first time. Total foreign holdings rose 0.6 percent to $6.01 trillion, up from $5.98 trillion in May, the Treasury Department said Friday in its monthly report. The...

  • NY settlement with debt collector on payday loans

    ALBANY, N.Y. (AP) — New York's attorney general has announced a settlement with Forster & Garbus, a Long island-based debt collection firm, to ensure it doesn't file court claims against New Yorkers to collect on so-called payday loans for small amounts at high interest rates. State officials...

  • Oklahoma Sen. Jim Inhofe says deal reached on surplus program's red tape

    By Rick M. Green, Capitol Bureau The U.S. Defense Department has cut red tape in a program that gives surplus military vehicles to rural fire departments, Sen. Read more on NewsOK.

  • VIDEO: What are corporate tax inversions?

    It's a hot-button issue bound to come up on the campaign trail this fall, but what exactly is a corporate tax inversion? Washington Examiner Economics Writer Joseph Lawler sheds some light on the controversial practice.

  • Americans are borrowing more for everything except the one thing Obama wants

    Americans are increasingly willing to take on credit card debt or to take out loans to buy cars or to go to college, but they're still shying away from the biggest category of consumer credit: home loans.

  • America's question: Cut or crash?

    On July 31, Congress and President Obama flew America past a dubious fiscal landmark toward what increasingly looks like a crash landing.



From the Weekly Standard

  • No Law, No Order

    Ferguson, Mo.

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  • No Reply from America?

    On Tuesday, August 19, an American citizen, James Foley, was savagely killed. The group of jihadists known as ISIL had previously killed and brutalized tens of thousands of non-Americans. But they...

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  • Bartleby, the President

    President Obama insists Republican opposition to his policies has forced him to boycott Congress and resort to governing by executive order. This is only partially true. Yes, Republicans strongly...

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