More Budgets and Deficits Articles

  • Detroit reaches bankruptcy deal over some bonds

    The city of Detroit reached a deal in bankruptcy over $388 million in bonds, mediators announced Wednesday, a significant agreement that could influence other creditors to try to get a settlement.

  • Massachusetts governor to unveil development plan

    BOSTON (AP) — Gov. Deval Patrick is unveiling a $100 million economic development proposal he says will better train Massachusetts' workers while promoting development and offering job creation incentives. Patrick says he wants to expand the state's international marketing efforts, eliminate...

  • Senate to vote on Tennessee's $32.4B spending plan

    NASHVILLE, Tenn. (AP) — The state Senate is ready to vote on a $32.4 billion spending plan for the budget year beginning in July. The Senate Finance Committee voted 9-2 on Wednesday to advance the budget plan to a full Senate vote. The plan removes previously planned salary increases for...

  • Enrollees in Obamacare's exchanges used more costly prescription drugs than is typical, report says

    Americans who obtained health insurance on exchanges through President Obama's health care law are using more costly prescription drugs than is typical, according to a new report from Express Scripts, the nation's largest provider of pharmacy benefits. Because claims for prescription drugs...

  • Small businesses in limbo again on tax breaks

    NEW YORK (AP) — Small businesses are in limbo as they wait for Congress to make decisions that could save them a lot of money. Bills in Congress would extend tax deductions widely used by small businesses making equipment or property purchases. One, known as the Section 179 deduction, has...

  • Virginia Senate passes budget with expanded Medicaid

    The Virginia Senate approved its version of a roughly $96 billion two-year budget Tuesday as Republicans and Democrats pointed fingers over who is responsible for a potential state government shutdown.

  • Ohio committee tweaks, passes midterm budget bill

    A Republican-dominated state legislative panel on Tuesday approved a midterm budget bill that would send more money to family and children services and bolster efforts to combat drug abuse.

  • Illinois Legislature OKs Chicago pension overhaul

    State lawmakers on Tuesday approved Chicago Mayor Rahm Emanuel's proposal for overhauling two city pension programs that officials say could otherwise be out of money in little more than a decade.

  • Q&A: Paul Ryan guides Republicans back to robust defense spending

    With his final spending proposal as House Budget Committee chairman, Wisconsin Rep. Paul Ryan is attempting to move the Republican Party back to its Reagan roots as committed to investing in a strong defense even amid challenging budgetary conditions.

  • GOP lawmakers balk when spending cuts turn real

    WASHINGTON (AP) — When House Republicans pass Rep. Paul Ryan's budget for a fourth year in a row this week, they'll go on record again in favor of big spending cuts across a wide swath of programs, including Medicaid, food and farm aid and eliminating subsidies for Amtrak and airline flights...

  • Rhode Island lawmakers pushing reduced state sales tax

    PROVIDENCE, R.I. (AP) — Two Rhode Island lawmakers are launching a push to lower the state's 7 percent sales tax in an effort they say will help the economy. Rep. Jan Malik and Sen. Walter Felag Jr. are each introducing two bills. One would lower the tax on all items to 3 percent. The other...

  • 4-cent gas, diesel tax increase before NH panel

    CONCORD, N.H. (AP) — A proposed 4 cent increase in New Hampshire's tax on gasoline and diesel would provide much-needed money to fix deteriorating roads and help finish the expansion of Interstate 93, supporters testified Tuesday. But opponents told the House Ways and Means and Public Works...

  • Maryland lawmakers pass minimum wage increase

    ANNAPOLIS, Md. (AP) — The Maryland General Assembly gave final approval to incremental increases in the state's minimum wage over several years to $10.10 in 2018 and to decriminalize small amounts of marijuana possession, as the final regular legislative session of Gov. Martin O'Malley's...

  • Jack Kingston: Washington entangles local schools with 'competitive' grants funded by parents' tax dollars

    Secretary of Education Arne Duncan is coming to Capitol Hill Tuesday to justify the president's 2015 budget request before my committee. In addition to the usual overspending and generally wasteful nature of the federal involvement in our local schools, the Obama administration's penchant for...

  • Time for a national commission to reduce the size of government

    The Fiscal Times reported last week that the State Department has missing files or incomplete files for more than $6 billion in State Department contracts.



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

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  • 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? 

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  • 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...

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