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Illinois Republicans tell how they would balance budget
15 hours ago ago from Doug Wilson's Political Blog
Republican gubernatorial contender Jim Ryan said he would cut revenue-sharing with local units of government as part of efforts to balance the Illinois budget. Ryan and the other six men seeking the Republican nomination met last Monday with the Chicago Tribune’s editorial board. All seven said they oppose the tax increases proposed by top Democrat contenders Gov. Pat Quinn and Comptroller Dan Hynes. The Republicans all talked about ...
Related contentPanel passes key education bill but turns down state Senate version (Inland Valley Daily Bulletin)
6 hours ago ago from education
SACRAMENTO The Assembly Committee on Education approved a bill on Wednesday that would make the state eligible for $700 million in federal grants, while at the same time it killed a state Senate version of the measure. Here is the original post: Panel passes key education bill but turns down state Senate version (Inland Valley Daily Bulletin)
Related contentSenate compromise on US healthcare
16 hours ago ago from Pj News| Latest Daily News About World News, Business, Tech and Entertainment
Tentative plan leaves public healthcare option, which was touted by liberals, effectively abandoned The chances of President Barack Obama securing his healthcare bill soared today after Senate Democrats achieved a breakthrough at the end of days of tortuous negotiations. But the compromise, the most significant move since the bill was first introduced earlier this year, came at a price for liberals, with the effective abandonment of ...
Related contentDeficit Panic: Let’s Hope History DOES Repeat Itself
6 hours ago ago from TIMnovate
Global Crisis Blog Deficit Panic: Let's Hope History DOES Repeat Itself By Shlomo Maital Dec. 12/2009 A Nov. 30 headline in Britain's Daily Telegraph reads: Morgan Stanley fears UK sovereign debt crisis in 2010 Britain risks becoming the first country in the G10 bloc of major economies to risk capital flight and a full-blown debt crisis over coming months, according to a client note by Morgan ...
Related contentBills seek to tighten spending
2 hours ago ago from The Charleston 10 - Top Ten Lists of the Best Restaurants, Businesses, Services, and Everything Else You Can Imagine in Charleston, SC
TheState.com: Local / Metro Thu Dec 10 12:00:00 UTC 2009 The Republican leadership of the 46-member state Senate will put smaller government and more austere budgeting at the top of its 2010 agenda, though it is clear lawmakers also have not forgotten the year that was 2009.Senators prefiled more than 100 bi about: Governor governor and lieutenant governor lieutenant governor Mark Sanford Politics President Pro Tempore Glenn McConnell ...
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Wash. gov: Tax hikes needed to save programs
19 hours ago ago from Good News Now
OLYMPIA, Wash. -Making her case for tax increases, Washington Gov. Chris Gregoire on Wednesday presented a bleak plan to balance the state budget by wiping out spending for health care, welfare, and education programs that reach every corner of Washington. As required by law, Gregoire presented a plan for balancing the state's $2.6 billion budget deficit using only the state's existing tax streams. But in an open letter to Washingtonians, the ...
Related contentAriz. lawmakers work up agenda for special session
16 hours ago ago from Good News Now
PHOENIX -A tentative agenda Republican leaders are developing for a possible legislative session next week includes asking Arizona voters to temporarily raise the sales tax and give lawmakers more power to change voter-approved laws. Other items at least some GOP legislative leaders are pushing include a relatively small package of spending cuts and future income tax cuts, legislative aides told The Associated Press on Wednesday. All are ...
Related contentObama Pins Hopes on Senate's Health Deal
11 hours ago ago from Wall Street Journal
Associated Press Sen. Debbie Stabenow (left), Sen. Mary Landrieu and Sen. Blanche Lincoln at a health-care news conference on Wednesday. WASHINGTON -- President Barack Obama on Wednesday endorsed a Senate Democratic compromise that backed away from a big government-run health plan, calling the idea a "creative framework" that could propel a health bill to passage. Republicans condemned the compromise as an act of desperation. But ...
Related contentGOP gov candidate announces Illinois finance plan
21 hours ago ago from FanHouse
CHICAGO -Republican candidate for governor Andy McKenna proposed dramatically cutting state spending to rescue Illinois' finances without an income tax increase. Chicago businessman McKenna on Tuesday said the state should cut spending to 2006 levels, amounting to about a 20 percent drop. That could mean big cuts to state government while only addressing about half of the budget deficit. He didn't offer specifics about the impact on services ...
Related contentPanel sends tax bills to full Ind. state Senate
23 hours ago ago from U.S. News
Panel sends tax bills to full Ind. state Senate INDIANAPOLIS (AP) -- Bills aimed at adding caps on property tax bills to the state constitution and delaying increases on unemployment insurance taxes are now before the full Republican-controlled Senate, days before the entire Legislature convenes on Jan. 5. The Senate Tax and Fiscal Policy Committee voted 9-3 to endorse the property tax legislation. It was first approved in 2008 and if ...
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