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FRIDAY, NOVEMBER 27, 2009
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NEWS ABOUT: budget

budget stories: 76 news summaries

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Crisis Cripples Obama Vows
on Taxes, Trade

Businesses gird for battle; hike on wealthy may have to wait

Feb 21, 09 3:18 PM CST
(Newser) - Some of President Obama’s best campaign applause lines will likely be silenced by economic reality, the Wall Street Journal reports. With the recession raging, Obama probably won't roll back the Bush tax cuts as promised, and his pledge to eliminate tax loopholes for corporations that shift jobs overseas... More »

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Barack Obama • taxes • budget • NAFTA • free trade • Obama administration


 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 »

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

Blago Crisis Grinds Illinois Gov't to a Halt 

Scandal pushes 'dysfunctional state'
into 'total paralysis'

Jan 4, 09 4:03 PM CST
(Newser) - The Rod Blagojevich crisis hasn’t just tarnished the Illinois governor’s reputation—it’s frozen the whole state government, the Chicago Tribune reports. Social programs aren’t getting funding, health care and education changes are on the shelf, and Blagojevich himself is isolated and mistrusted. "Absolutely, we're in... More »

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impeachment • budget • Illinois • Rod Blagojevich • Illinois representatives • Illinois House of Representatives

All New York
Will Feel Wall Street's Pain

Mayor rolls out plans to hike taxes, cut services and ax 20,000 city jobs

Dec 30, 08 6:00 PM CST
(Newser) - All American cities are facing budget shortfalls because of the recession, but Wall Street's meltdown has decimated New York City's tax base, Michael Bloomberg said yesterday in announcing plans to slash 20,000 city jobs, cut services and raise taxes.  The aim is to reduce an expected $4 billion... More »

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Wall Street • New York City • layoffs • New York • Michael Bloomberg • budget • municipal services • financial crisis

analysis

 War on Terror Nears $1 Trillion 

And that doesn't count long-term costs

Dec 27, 08 9:02 AM CST
(Newser) - Washington's war on terror is about to cost $1 trillion, and even that is just the beginning, Mark Thompson writes in Time. Three recent government reports racked up the bills, showing that long-term costs like veterans health care and interest on loans are yet to come in. The trillion-dollar figure... More »

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War on Terror • Pentagon • homeland security • US military • budget • interest • cost • defense spending • Iraq war • Afghanistan war

California Workers Sue Governator

Unions challenge furloughs as state
runs out of cash

Dec 23, 08 9:54 AM CST
(Newser) - Unions representing California state employees are suing Arnold Schwarzenegger over his attempt to force them to take unpaid time off, the Los Angeles Times reports. Schwarzenegger issued an executive order last week ordering all employees to take two unpaid days off each month, in an effort to corral the... More »

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California • Arnold Schwarzenegger • budget • financial crisis • state budgets

ANALYSIS

Bush's EPA Gutted Toxic Chemical Protections

Military-use substances were deemed less toxic, key reviews stalled

Nov 11, 08 4:15 PM CST
(Newser) - The Environmental Protection Agency program that rates the toxicity of chemicals used in the US, and around the world, has been manipulated in favor of industry and the military under the Bush administration, Rebecca Claren reports in Salon. Budget-cutting directives from the White House have allowed outside organizations, including the... More »

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chemicals • toxic chemicals • budget • Environmental Protection Agency • Department of Defense • George W. Bush • EPA • Integrated Risk Information System

Marines Try to Wean Iraq From US Pocketbook

Saddam-era budget network can't provide to expanded security forces

Oct 9, 08 1:11 PM CDT
(Newser) - As Iraq becomes safer, the Marines have focused on the next challenge: weaning the country’s security forces off US financial and logistical support, USA Today reports. To spur the independence of the nascent Iraqi police, the Marines now refuse to refuel their vehicles, and it's gotten the Iraqis' attention.... More »

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Iraq • Saddam Hussein • Iraq oil • budget • US troops • Iraq police • Marine • Iraq war

OPINION

The Costco Effect: Buy Cheap, Spend (and Eat) More

Having more of a good thing around the house can mean less in your wallet

Sep 25, 08 3:30 PM CDT
(Newser) - Sure, warehouse stores are cheap: one exec says Costco marks up product at around 10%, compared to 20% at normal supermarkets. But, Neal Templin wonders in the Wall Street Journal, do bulk purchases actually save you money? “When there are more bagels in my refrigerator, I consume more of... More »

MORE ABOUT:
food • Costco • budget • Sam's Club • bulk purchases • warehouse store

 Schwarzenegger Signs 
 Calif. Budget, Finally 

$103B plan delayed a record 85 days by political wrangling

Sep 23, 08 2:36 PM CDT
(Newser) - Arnold Schwarzenegger signed California’s budget into law today, ending a record 85-day delay, the Sacramento Bee reports. The state has been waiting for the governor’s signature on the $103.4 billion plan to restart payments to nursing homes, community colleges and other service providers. California is expanding the... More »

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California • Arnold Schwarzenegger • budget • governor • budget deficit

Weary Calif. Lawmakers Finally OK Budget

But Governator calls it 'nothing to celebrate'

Sep 19, 08 8:48 PM CDT
(Newser) - California lawmakers finally approved a state budget today that Gov. Arnold Schwarzenegger called "nothing to celebrate," the Sacramento Bee reports. Eighty-one days late, the $104.3 billion plan boosts social services and education but cuts back on schools and health care, the Los Angeles Times reports. It also... More »

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California • Arnold Schwarzenegger • budget

 Deal Ends Budget Impasse 

Schwarzenegger, lawmakers dodge veto showdown

Sep 19, 08 1:55 AM CDT
(Newser) - Gov. Arnold Schwarzenegger and the California state legislature have ended a nasty budget showdown with a compromise expected to be approved today, reports the San Francisco Chronicle. The agreement eliminates extra withholding from workers' paychecks, and bridges a $17 billion budget gap largely  by adding penalties on corporations that underpay... More »

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California • Arnold Schwarzenegger • budget • veto • veto override • budget deficit • budget reform

 Governator Vows Veto Volley
 in Budget Battle

Showdown ahead with state lawmakers over funding sleight-of-hand

Sep 17, 08 4:15 AM CDT
(Newser) - California Gov. Arnold Schwarzenegger is heading for a dramatic and potentially humiliating showdown with the state legislature over the budget, reports the San Jose Mercury News. Schwarzenegger plans to veto the budget which largely relies on accounting sleight-of-hand to close a $15.2 billion shortfall. Legislators say they have... More »

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California • California legislature • Arnold Schwarzenegger • budget • veto • veto override • budget deficit • rainy day fund • California Research Bureau • Don Perata

 Campaign Costly 
 for Secret Service 

Department nees $9.5 million more than budgeted, leaders say

Jul 25, 08 9:13 AM CDT
(Newser) - The Secret Service has asked for an additional $9.5 million to cover the costs of protecting candidates during this year's campaign—already the longest and costliest in agency history, AP reports. The department had budgeted $107 million, up from $73 million in 2004, but between the marathon primary season,... More »

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Barack Obama • John McCain • presidential campaign • Secret Service • budget • protection • campaign trail • presidential candidates • Election 2008

 Sans Budget,
 Arnold to Slash
 Calif. Workers' Pay 

Gov threatens cut to minimum wage until state passes budget

Jul 24, 08 10:48 AM CDT
(Newser) - Arnold Schwarzenegger is threatening to ease California's cash-flow crisis by slashing the pay of 200,000 state workers to the federal minimum wage of $6.55 an hour, the San Francisco Chronicle reports. A draft executive order obtained by the Chronicle also ends overtime pay for all but emergency employees... More »

MORE ABOUT:
California • California legislature • Arnold Schwarzenegger • minimum wage • budget • wages

OPINION

Rat's Nest of Urban Politics Behind Philly's 'Big Stall'

Many demolitions, huge budget, no benefits

Jul 17, 08 3:50 PM CDT
(Newser) - Lamenting the lack of progress in another urban redevelopment project, Karen Heller takes aim at the Pennsylvania Convention Center expansion in the Philadelphia Inquirer. The Center expansion has been in the works since 1993, spurring numerous building demolitions, but few new constructions: in short, North Broad Street, advertised as a... More »

MORE ABOUT:
Pennsylvania • budget • Philadelphia • Ed Rendell • real estate development • urban revitalization • urban development

McCain Vows
to Balance
the Budget

Social Security reform one scenario; Dems
call plan unrealistic

Jul 7, 08 1:44 PM CDT
(Newser) - John McCain will pledge to balance the budget by the end of his first term, Politico reports, promising spending and entitlement programs, including Social Security, in a policy paper released today. McCain is renewing a promise he’d backed off from in April—a vow likely to excite his fellow... More »

MORE ABOUT:
John McCain • entitlement programs • Medicare • budget • spending • Social Security • McCain 2008 • balanced budget • economy

Some Calif. Workers Rake In 6-Figure OT

Paper reveals $1.1B in overtime pay as state debates shortfall

Jun 30, 08 7:58 PM CDT
(Newser) - As California kicks off the fiscal year with a $17.2 billion deficit and no budget, the San Francisco Chronicle reports that state workers are raking in big overtime bucks—some as high as six figures. Including a nurse who collected $198,000 and an official who banked $403,000... More »

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California • nurses • Arnold Schwarzenegger • Sacramento • budget

More Riders, Pricier Fuel Stress Out Transit Agencies

Diesel expenses eat up shrinking budgets even as commuters abandon cars

May 30, 08 4:29 PM CDT
(Newser) - The same agencies that stand to benefit as commuters turn to public transit to escape high gas prices are finding themselves hamstrung by rising fuel costs, the Wall Street Journal reports. Ridership is up by as much as 35% for some bus lines, but the cost of diesel has doubled... More »

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subway • budget • public transportation • budget cuts • sales tax • buses • tax revenue • fuel costs

 Mars Rovers Dodge NASA Cuts 

Budget called for 1 to hibernate, 1 to go part-time

Mar 26, 08 7:10 AM CDT
(Newser) - NASA has spared its far-flung Mars rovers from budget cuts, reports the Washington Post, after its administrator got wind of the plan to hibernate Spirit and roll Opportunity back to part time. "Closing down either of the rovers is not on the table," his spokesman said, and... More »

MORE ABOUT:
NASA • Mars • budget • Opportunity • Spirit • rover • Mars rover • Mars Science Laboratory • Mars Odyssey • Michael Griffin • NASA administrator

41 - 60 of 76 Stories | << Prev 1 2 3 4 Next >>


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