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FRIDAY, NOVEMBER 27, 2009
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NEWS ABOUT: budgets

budgets stories: 4 news summaries


 Obama to Mayors: 
 Use Stimulus 
 Cash Wisely 

Officials can't betray the public's trust, president says

Feb 20, 09 11:01 AM CST
(AP) - President Obama says the $787 billion economic package will help struggling cities, but both Washington and the mayors have a responsibility to spend the money wisely. "We have asked for the unprecedented trust of the American people to deal boldly with the greatest economic crisis we have seen in... More »

MORE ABOUT:
Barack Obama • budget • mayor • economic stimulus package • state governments • budgets • Obama administration • President Obama • state budgets

 Cash Makes a Comeback 

But cash isn't king for retailers, who'll likely see bigger drop in sales

Nov 24, 08 2:15 AM CST
(Newser) - Americans are reverting to cash for purchases in increasing numbers, according to top retailers Wal-Mart, Target and JC Penney. The shift away from credit is expected to further reduce spending by consumers—who will be limited to cash-on-hand purchases—not just during the holiday season, but during what could be... More »

MORE ABOUT:
consumer spending • credit card • Target • Wal-Mart • Great Depression • budgets • cash • consumers • J.C. Penney • CreditRatings.com

States Fret as Road Salt Grows Scarce, Pricey

Last year's winter depleted reserves

Oct 6, 08 3:43 PM CDT
(Newser) - Road salt is stressing state and municipal budgets as shortages drive prices up well past what local governments have paid in the past, USA Today reports. A harsh winter last year left many states with no salt reserves to carry over, meaning they have to fully restock at inflated prices.... More »

MORE ABOUT:
New Hampshire • Ohio • road budget • infrastructure • ice • winter • salt • state spending • state governments • budgets • city government • local politics

Senate Rejects Temporary Ban on Pork

Congress passes budget plans to roll back tax cuts

Mar 14, 08 7:59 AM CDT
(Newser) - The Senate soundly rejected a bid to ban pork barrel spending for a year last night, despite the support of all three presidential candidates who returned to DC for a day of heavy voting, CNN reports. Both the House and Senate also passed budget plans—largely symbolic moves in an... More »

MORE ABOUT:
Barack Obama • Hillary Clinton • John McCain • Senate • earmarks • tax cuts • pork barrel spending • budgets

4 Stories


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