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State must cut $197 million more to balance budget
2 hours ago ago from thecentral411
See the original post: State must cut $197 million more to balance budget
Related contentAnd We Have a Budget! Ted Strickland and the Gang of 5 Spineless Senate Republicans Raised Your Taxes
19 hours ago ago from Right Ohio
At about 2am, they cut a deal. This is from Gongwer ($): A test drive of new public construction contracting laws and a delay in all-day kindergarten mandates for local schools provided the breakthrough late Wednesday in a stalemate over how to address an $851 million budget shortfall, according to Senate Republicans. Negotiations over the budget fix (HB 318) intensified and spanned most of the day, resulting in a delay of a planned ...
Related contentStrickland, Senate Republicans reach budget deal
19 hours ago ago from Cleveland Magazine Politics
Gov. Ted Strickland just announced a budget deal that protects schools, libraries and social services from cuts to fill an $851 million funding gap. Sounds like the legislature gets to go home for the holidays after all. Strickland had threatened to call them back into session on Christmas Day if necessary to get a deal on the 2010 budget. Instead, as state Democrats hoped, a planned cut in the income tax will be delayed. The few Senate ...
Related contentTo UW Students: Enjoy the Holidays, Be Afraid
14 hours ago ago from The SunBreak - Featured Stories
The following is from an email sent by ASUW President Tim Mensing to UW students that was forwarded to me this morning. The juxtaposition of the standard end-of-term best wishes and the attempt to put the fear of the financial gods into students is sort of funny, in that not-at-all funny way. Just another sign that our little economic hiccup is far from over, and the State's budget nightmare is hitting everyone. All formatting is as in the ...
Related contentBusy morning speaks to important priorities, like health care and education.
18 hours ago ago from Rep. Tim O'Brien
This morning was one of those times, as a state legislator, when I had to try to be in three places at the same time. This is pretty common, but this morning's events struck me in that they touch on some very important values – like health care and education – the support for which is in real question in the difficult budget debate underway right now. One event was a visit to the Cedarcrest Hospital in Newington, which is a state mental ...
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States Scramble to Close New Budget Gaps
7 hours ago ago from Wall Street Journal
The patches used by states on their ailing budgets just months ago are now failing. Ohio lawmakers were expected late Thursday to vote on a compromise reached with Gov. Ted Strickland to avoid cutting education budgets an average of 10% on Jan. 1. In Arizona, lawmakers met in a special session Thursday -- their fourth on the budget this year -- to grapple with a new deficit. And in New York, Democratic Gov. David Paterson said Sunday he ...
Related contentSomber Va. roads panel readies $893 million cut
19 hours ago ago from U.S. News
Somber Va. roads panel readies $893 million cut RICHMOND, Va. (AP) -- Virginia transportation officials vote Thursday on $893 million in cuts its six-year master plan for road building and maintenance, the fifth time spending has been slashed since June 2008. That will bring total funding reductions for state projects across the state through 2015 to about $4.6 billion, an amount roughly equal to an entire year's worth of revenue. "So ...
Related contentWis. health official: $600 million cuts on track
13 hours ago ago from U.S. News
Wis. health official: $600 million cuts on track MADISON, Wis. (AP) -- The state is on track to cut more than $600 million from Medicaid, but even with those reductions, high demand from the poor for insurance benefits could result in up to a $150 million shortfall, the secretary of Wisconsin's Department of Health Services said Thursday. Karen Timberlake told the Legislature's budget-writing committee that the $608 million in cuts ordered ...
Related contentSD budget would be balanced with one-time money
15 hours ago ago from U.S. News
SD budget would be balanced with one-time money PIERRE, S.D. (AP) -- The gap in South Dakota's current state budget can be fixed by taking $15.8 million from several funds that hold excess money, the governor's budget director said. Using the money to balance the current budget will not hurt those funds' ability to cover their obligations, state budget director Jason Dilges said. When Gov. Mike Rounds proposed his state budget for next ...
Related contentKan. gov. won't propose deep cuts for fiscal 2011
10 hours ago ago from U.S. News
Kan. gov. won't propose deep cuts for fiscal 2011 TOPEKA, Kan. (AP) -- Kansas' governor doesn't plan to propose deep budget cuts again to avoid a deficit and said Thursday that he opposes further reductions in education spending. Democratic Gov. Mark Parkinson confirmed that he's considering revenue-raising measures. But he stopped short of saying he'll propose ending tax exemptions or seek a general tax increase after the ...
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