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FRIDAY, NOVEMBER 27, 2009
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NEWS ABOUT: budget crisis

budget crisis stories: 6 news summaries

(Newser) - Just how bad has California’s budget crisis gotten? So bad that it’s holding what it’s calling the “Great California Garage Sale” this weekend, hoping to unload piles of junk and wasteful property that the state’s accrued over the years. Hundreds of items will be available,... More »

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California • Arnold Schwarzenegger • sale • financial crisis • recession depression • budget crisis

(Newser) - Every state but Utah and Hawaii allows some form of legal gambling, and most have come to rely on it as a growing source of revenue. Unfortunately, a lot fewer people are hitting the slots or buying lotto tickets these days, the Wall Street Journal reports. Commercial casinos produced... More »

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gambling • casino • lottery • state budgets • budget crisis

(Newser) - When the Obama administration floated Michigan’s Standish Maximum Security Correctional Facility as a possible landing point for Guantanamo Bay detainees yesterday, Gov. Jennifer Granholm and several state legislators swiftly condemned the idea. But residents of the nearby town are perfectly willing to take them, if it saves the endangered... More »

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prison • Michigan • Guantanamo Bay • Jennifer Granholm • budget crisis • Standish Maximum Security Correctional Facility

(Newser) - Republicans think they’ve found one chink in President Obama’s armor: public fear over rising national debt. Some 51% of Americans disapprove of Obama’s efforts to control federal spending, according to a recent poll. In every other area, Obama enjoys positive ratings. “The president is still popular,... More »

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Bush administration • Barack Obama • budget • John Cornyn • Republican Party • Lamar Alexander • budget deficit • Republican strategy • Obama administration • President Obama • budget crisis

Analysis

How We Wound Up With
a $1.2T Deficit


Jun 10, 09 9:24 AM CDT
(Newser) - President Obama’s agenda plays a very small role in the massive deficits facing the country, but it won't do anything to correct them, wither the New York Times reports. After reviewing a decade’s worth of Congressional Budget Office reports, the paper explains how the government turned a... More »

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Bush administration • Barack Obama • national debt • budget deficit • balanced budget • George W. Bush • Obama administration • budget crisis

update

 California OKs 
 Long-Delayed Budget 

Dems make big last-minute concessions

Feb 19, 09 9:43 AM CST
(Newser) - The California Assembly quickly stamped its approval on a state budget passed by the Senate early this morning, ending a 3-month budget deadlock. The final Republican vote needed to pass the bill came with steep concessions, though billions of dollars in tax hikes and program cuts remain intact, the Los ... More »

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California • Republican • Arnold Schwarzenegger • state senate • state budgets • budget crisis

6 Stories


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