Blue-state GOP blasts Dem gov over surprise $7B budget deficit increase
Democratic Gov. Gavin Newsom faced criticism from his Republican colleagues after announcing that the budget deficit was actually $7 billion worse than originally expected, bringing the total shortfall to nearly $74 billion. facing. “The Legislative Analysis Office (LAO) estimate was significantly higher,” Republican State Budget Committee Vice Chairman Roger Niero said in an interview on […]
Virginia averts shutdown after Youngkin signs budget into law
Virginia lawmakers averted a shutdown in the commonwealth by agreeing to, and passing into law, a budget for the state after gridlock earlier in the year. Gov. Glenn Youngkin (R-VA) signed a budget into law on Monday that compromised with Democratic leadership in the state House and Senate. Youngkin was able to prevent any increases […]
UNC Chapel Hill board votes to cut all funding for DEI and divert budget to public safety after violent protests
The University of North Carolina at Chapel Hill Board of Trustees Voted reduce funds Recover funding from diversity, equity, and inclusion programs and instead repurpose funds to improve public safety. If approved by the full board, the decision would put $2.3 million toward campus security. “It’s important to consider the needs of all 30,000 students, […]
Newsom budget promises ‘no new taxes’ but $15.2B in cuts against $80B deficit
(The Center Square) – California Gov. Gavin Newsom promised “no new taxes” in his 2024-2025 budget as he announced the state’s shortfall is $7 billion worse than was expected in January, and proposed $15.2 billion in budget cuts against an up to $80 billion deficit. Newsom’s cuts include reducing water storage and reducing the state’s […]
Save $10,000 in a year by following these tips like using a high-yield savings account and creating a budget
Dave Ramsey, founder and CEO of Ramsey Solutions, shares how Americans can financially prepare for retirement on “The Bottom Line.” Saving money all starts with a specific goal. So let’s start with $10,000 per year. Saving money is hard. There is pressure all around us to buy and buy, bills to pay and debts to […]
Budget leaders reach deal with Youngkin on Virginia spending plan
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Newsom announces $45B deficit in downsized budget proposal
California Gov. Gavin Newsom (D) on Friday announced a $44.9 billion deficit in his revised 2024-25 state budget, while proposing a series of cuts to close the spending gap. The shortfall includes the $27.6 billion detailed in his proposal, plus $17.3 billion in cuts that the state Legislature aggressively introduced weeks ago. of the governor […]
Fani Willis Concealed Trump Investigation In Budget Request, Officials Say
Fulton County District Attorney Fani Willis concealed her investigation into former President Donald Trump in her budget request related to an accumulation of cases, officials said during a Friday hearing. A Trump co-defendant in the Georgia election interference case accused Willis in a January motion of not receiving approval from the Fulton County Board of […]
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 […]