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California Asks Rest of Nation’s Taxpayers to Help Pay for Its Unbalanced Budget

18 hours ago ago from Phil's Favorites - By Ilene

California Asks Rest of Nation's Taxpayers to Help Pay for Its Unbalanced Budget Courtesy of Trader Mark at Fund My Mutual Fund I have not had time to post some recent data on the growing chasm between public and private worker pay in the US, but I still plan to do it as this is a theme we've been pounding the table on since blog inception in 07 [ Dec 16, 2007: California in a State of Fiscal Emergency - Coming to a Theater Near You ...

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State cuts about $59 million from budget for IU - Indiana Daily Student

17 hours ago ago from Online College and Universities

State cuts about $59 million from budget for IU Indiana Daily Student It's part of $150 million in cuts through Indiana's seven publicly funded colleges and universities after tax revenues for the state were below projections and more Originally posted here: State cuts about $59 million from budget for IU - Indiana Daily Student

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Obama Will Have To Break His Deficit Promise To Sign Obamacare Into Law

22 hours ago ago from Say Anything

Remember when Obama made this promise: I've pledged that I will not sign health insurance reform as badly as I think it's necessary, I won't sign it if that reform adds even one dime to our deficit. Well, according to surprising revelations by the CBO yesterday the health care bill absolutely will a lot of dimes to our budget deficit and national debt. About $170 billion worth of dimes : Does the Senate's health care reform bill add ...

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SacBee: Governor’s deficit cure: Layoffs, furlough extensions, program cuts

18 hours ago ago from iePolitics.com

Gov. Arnold Schwarzenegger plans to save $1.6 billion in state employee costs by extending monthly furloughs past June, laying off staff or shifting general fund workers into state jobs financed by other revenues, according to sources familiar with the governor's forthcoming budget proposal. Schwarzenegger and lawmakers must eliminate an estimated $20.7 billion general fund budget deficit over the next 18 months. The governor already has ...

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Spending by Democrats out of control at all levels of government

13 hours ago ago from Coralville Courier

FEDERAL TAX & SPENDING MENTALITY: Earlier this month the Nancy Pelosi and liberal Democrat led U.S. House voted to raise the country's $12.1 TRILLION debt ceiling by an addtional $290 BILLION. Adding to the financial burden elected officials have put on our children and grandchildren, the healthcare package will most certainly add to the deficit as well as increase our taxes. Further compounding the problem, needless cap and trade legislation ...

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Japan Unveils Record Budget

1 hour, 32 minutes ago ago from Wall Street Journal

TOKYO -- The Japanese government Friday approved a budget plan for the next fiscal year that contains a record 92.299 trillion ($1.01 trillion) in spending measures, the total package pushed up by planned outlays on the new administration's signature private-demand boosting measures. Prime Minister Yukio Hatoyama's three-month-old government hopes the budget's inclusion of steps such as allowances for families raising children and free ...

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Hawaii needs your help!

16 hours ago ago from Gadling

Hawaii needs $1.23 billion and could use your help. Governor Linda Lingle is calling it a " fiscal crisis " and says it won't be fixed with budget cuts alone. Essentially, the fiftieth state wants everyone else to chip in. This year's budget gap is $721 million, which will be followed by $509.5 million next year. The state might not hit pre-recession levels until 2014 . According to Lingle, "The stark reality of continuing declining general ...

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Oklahoma sets unemployment claims record in 2009

20 hours ago ago from U.S. News

Oklahoma sets unemployment claims record in 2009 OKLAHOMA CITY (AP) -- Oklahoma has paid out more than $575 million in unemployment claims so far this year, a record as the number of jobless in the state remains near a 21-year high, a spokesman for the Oklahoma Employment Security Commission said Wednesday. Spokesman John Carpenter said that last week, the state paid $23.72 million in benefits on 74,814 jobless claims, down slightly from ...

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