More Budgets and Deficits Articles

  • 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 to...

  • 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...

  • VIDEO: Pennsylvania Gov. Tom Corbett's pension problem

    Pennsylvania Gov. Tom Corbett released a new campaign ad trying to show Democratic challenger Tom Wolf as uninformed about budget and pension issues.

  • Environment bogs down spending bills

    Congress' appropriations process is still broken.

  • Ohio casino tax revenue short of predictions

    COLUMBUS, Ohio (AP) — Ohio's casino tax revenue over the past year fell short of what state officials had predicted. The state's four casinos generated $273.4 million in tax revenue in the fiscal year that ended in June. That was more than $36 million less than the state had predicted. The...

  • Faster deportations? A possible border crisis deal

    WASHINGTON (AP) — Outlines of a possible compromise that would more quickly deport minors arriving from Central America emerged Thursday as part of President Barack Obama's $3.7 billion emergency request to address the immigration crisis on the nation's southern border. Republicans demanded...

  • Corbett signs budget, takes on lawmakers, pensions

    HARRISBURG, Pa. (AP) — Gov. Tom Corbett signed the state budget 10 days late on Thursday and used his line-item veto power to spotlight what he called the Legislature's failure to sacrifice with the rest of government or to curb rising public-sector pension costs that are fueling school tax...

  • House, Senate committees advance highway aid plans

    WASHINGTON (AP) — House and Senate committees took steps Thursday toward keeping highway and transit aid flowing to states just three weeks before the government says it will have to slow down payments. The House Ways and Means Committee approved on a voice vote a bill by its chairman, Rep....

  • Afghan aid is dropping, but how fast is too fast?

    WASHINGTON (AP) — Civilian assistance to Afghanistan was always slated to shrink with America's military footprint, but U.S. aid officials were caught off-guard when Congress, upset by testy relations with Afghan President Hamid Karzai, slashed civilian aid by 50 percent this year. War-weary...

  • Senate confirms housing chief to run budget office

    WASHINGTON (AP) — The Senate on Thursday confirmed President Barack Obama's housing chief as the new director of the White House budget office, completing a second-term Cabinet shuffle. In his new job, Shaun Donovan will be responsible for preparing Obama's annual budget request and reviewing...

  • Congress signals it will change law to speed up deportations of children

    Congressional lawmakers signaled Thursday that a $3.7 billion spending measure to cope with the immigrant surge at the border will include a provision allowing speedier deportations of thousands of minors.

  • Highlights of Pennsylvania's 2014-15 budget

    Highlights of the $29 billion spending package signed by Gov. Tom Corbett for the fiscal year that started July 1. Comparisons are to the budget approved for the previous fiscal year: THE BIG PICTURE — Authorizes a spending increase of $651 million, or 2.3 percent, to $29 billion over last...



From the Weekly Standard