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Washington budget in flux as Republicans try to repeal carbon program

A conservative-backed effort to repeal Washington state’s landmark carbon pricing system and taxes on the sale of stocks and bonds has stalled the budget, with billions of dollars due in the final days of this year’s legislative session. In danger. Lawmakers are rushing to finalize three supplemental statewide budgets by the end of their regular […]

Gov. Murphy $55.9B budget features spending hikes, new business taxes

New Jersey Gov. Phil Murphy, a Democrat, announced a $55.9 billion state budget on Tuesday. Among the major agenda items is increasing public education spending by nearly $1 billion. “Our budget will ensure New Jersey maintains its proud reputation as a great place to raise a family,” Murphy said of the proposal. New Jersey Gov. […]

Republicans propose blocking SOTU speech if president doesn’t submit budget on time

President Biden is preparing to deliver his State of the Union address before a joint session of Congress after missing yet another deadline to submit a spending and national security plan to Congress. Some Republicans in Congress want to hold Biden and future presidents accountable by the deadline with simple fines. The plan under the […]

Virginia House, Senate and Gov. Youngkin to spar over state budget

The Democratic-controlled Virginia Senate and House of Delegates on Thursday passed their respective state budgets for the next two years. The document will allow lawmakers to begin work on a compromise spending plan to send to Republican Gov. Glenn Youngkin. Both chambers signed amendments to the 2024-2026 budget that Yonkin first proposed in December, overhauling […]

Democrat Illinois governor proposes $53B budget including funding for migrants

Illinois Gov. JB Pritzker on Wednesday proposed a $52.7 billion state spending plan that includes more money to address the immigration crisis, education and quantum computing, while also including a major sports betting tax hike. , proposes tax increases primarily targeted at corporations. The second-term Democratic Party characterized the proposed budget for the fiscal year […]

Argentina’s budget back in black with $589M budget surplus in January

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