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HomePosts Tagged "deficit"

Stories tagged with: deficit

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CBO: GOP budget would boost deficit by trillions when considering growth

Tuesday, June 17 by The Center Square
Republican’s massive tax and spending bill would increase the U.S. deficit by $2.8 trillion over 10 years when the economic growth of the bill is taken into account,... Read More.

Administration aggressively defends Trump budget bill, says it won’t add to deficit

Thursday, May 29 by The Center Square
The White House is rejecting claims that the current budget bill adds over $4 trillion to the federal deficit, saying those are based on “shoddy assumptions” from the... Read More.

Athens Area School District facing budget deficit for 2025-26 school year

Friday, May 16 by Pat McDonald
The Athens Area School District is facing a budget deficit as it moves forward with its 2025-26 school budget.The proposed budget includes a 5.8 percent property tax increase, which is the maximum allowed under the state’s Act 1 index without requiring voter approval. The... Read More.

CA’s estimated $10B deficit precisely matches illegal immigrant health care cost

Friday, May 9 by The Center Square
California legislators have been told to expect a deficit of $10 billion or more even if revenues do not fall due to higher than anticipated spending, reports... Read More.

LA could lose $270M if 2028 Olympics go awry; already faces $1 billion deficit

Monday, March 31 by The Center Square
The city of Los Angeles could be on the hook for $270 million if the 2028 Olympics are not on budget. With the city already facing a $1... Read More.

LA seeks $1.9B bailout amid $1B deficit, $38M in lost revenue from fires

Tuesday, March 25 by The Center Square
Los Angeles is seeking a $1.9 billion state bailout after receiving $2.5 billion in state aid thus far. ... Read More.

Small business advocates urge tax cut permanence as federal deficit increase looms

Thursday, February 27 by The Center Square
With Republicans planning a $4.6 trillion, 10-year extension of President Donald Trump’s 2017 tax cuts, small business advocates are urging lawmakers to make the extension permanent through the... Read More.

WATCH: For the love of God close the structural deficit, says Martin

Tuesday, February 11 by The Center Square
(The Center Square) – Republican Sen. Scott Martin, who chairs the chamber's Appropriations Committee, told reporters that Gov. Josh Shapiro and Democrats must take seriously Pennsylvania's $3 billion... Read More.

Experts worry as deficit tops $2 trillion in last year

Tuesday, January 14 by The Center Square
The U.S. Congressional Budget Office released new data this week showing that in the last calendar year, the federal deficit has risen over $2 trillion. ... Read More.

$6.1 Billion Question: How Will NY Gov. Cuomo Close the Deficit?

Tuesday, January 21 by Bill Moyer
Despite lofty promises in his State of the State address last week, NY Gov. Andrew Cuomo did not get into a lot of specifics nor detail any plan to pay for his so-called progressive agenda at a time when financial officials claim the Empire... Read More.

Assemblyman Friend: Dems Will Burden Taxpayers with Deficit

Monday, December 9 by Bill Moyer
Assemblyman Christopher S. Friend (R,C,I-Big Flats) is troubled by the recent report from the Division of Budget, which indicates that the state is facing a $6.1 billion deficit in the next fiscal year’s budget, with about half due to Medicaid over-spending. There is a... Read More.
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