A defense budget of $1 trillion is looming. Here’s how to stop it
2020 election campaign, candidate Joe Biden President Trump said he had abandoned all fiscal discipline. Regarding military spending. Four years later, the Pentagon’s budget is $146 billion higher than it was when President Trump left office, and President Biden is using a loophole in his budget deal with Rep. Kevin McCarthy (R-Calif.) to budget an […]
NC lawmakers reconvene to address budget, vouchers before key elections
The North Carolina General Assembly begins its annual work session Wednesday with some spending leeway and a limited number of pressing issues to address ahead of key elections this fall and the retirement of longtime state leaders. In the wake of a landmark 2023 session that includes measures to expand Medicaid, limit abortion, expand gun […]
N.Y. Legislators Approve $237B Budget Addressing Surge Of Migrants, Plans To Jump-Start Housing Market
FILE – New York State Legislature during session after Gov. Kathy Hochul presents the 2025 state executive budget at the State Capitol, Jan. 16, 2024, Albany, N.Y. New York state lawmakers on Saturday announced a $237 billion budget. passed the state budget. , April 20, which includes plans to boost housing construction and fight unlicensed […]
NY lawmakers poised to pass $237B state budget, including extension of mayoral control of NYC schools
Albany city lawmakers are poised to pass a $237 billion state budget on Saturday that includes an extension of Mayor Eric Adams’ oversight of New York City schools. The largest state spending plan in New York history includes a major housing package, improved pension benefits, a crackdown on illegal pot shops and retail theft, and […]
DC Councilman undermines CFO and Bowser with budget preview that reverses their cuts
Washington D.C. Council Chairman Phil Mendelson (D) announced that he will undo Washington D.C. Mayor Muriel Bowser’s (D) most contentious budget cuts. The city’s budget has become a major area of contention, following Chief Financial Officer Glen Lee’s demand to divert funds to the city’s emergency fund, forcing Bowser to undertake budget cuts unpopular with […]
JENNINGS & WILFORD: Republican Study Committee Provides Badly Needed Alternative To Biden’s Budget Blowout
Having signed into law a spending package totaling $1.2 trillion, President Biden recently released his proposed budget for fiscal year 2025. Rather than offering the bold leadership required to avert an impending fiscal crisis, Biden’s proposed budget promises more taxes, more debt and more fiscal irresponsibility. Fortunately for taxpayers, there’s another blueprint available that makes […]
New York Gov. Kathy Hochul Celebrates Budget Gains with $2.4 Billion for Migrants
On Monday, New York State’s Democratic governor, Kathy Hochul, celebrated a victory that got her nearly everything she wanted in a $237 billion budget fight, including $2.4 billion in additional spending for immigrants. As usual, Hochul boasted that he had defeated politics, saying: It never worked for me and never will. “We had some very […]
Former congressional budget leaders slam ‘absolutely broke’ budget process
Several former leaders of the House and Senate appropriations committees on Wednesday criticized the current state of Congress’ budget process after Congress repeatedly failed to simultaneously adopt budget resolutions in recent years. “The budget process is completely broken and needs to be fixed,” said former Sen. Don Nickles (R-Okla.), who chaired the Senate Budget Committee […]
Budget hotel vacancies top 50% as inflation-weary Americans cut back on travel
More than half of the rooms in budget hotels nationwide were empty in the first three months of 2024 as inflation-stricken travelers cut back on spending, according to the latest data from the hotel industry. Occupancy rates for hotels such as Econo Lodge, Days Inn, Super 8 and SureStay were 48.7% in the first quarter, […]
Heastie reacts to increased penalties for assaulting retail workers being included state budget
New York Assembly Speaker Carl Heastie (D-Bronx) said he supports tougher penalties for assaulting retail workers, although he said he doesn’t believe the measure would deter crime. Mr. Heastie, who sparked outrage by refusing to crack down on violent shoplifters, came after Gov. Kathy Hochul announced that criminal penalties would be included in the state […]