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

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Newsom’s California budget crisis could hit a record deficit of $73 billion

California’s budget crisis could be wider than previously thought, reaching a record $73 billion deficit, according to a new report from the state’s nonpartisan Legislative Analysis Office (LAO). It is said that there is. The LAO made grim predictions in a report Tuesday, warning that a $24 billion “reduction in revenue” would equate to a […]

Budget chief faces heat as Congress feuds over spending 

Congressional Budget Office (CBO) Director Philip Swagel faced hours of questioning before the House Budget Committee about challenges to the nation’s fiscal trajectory and some heated battles from Republicans over the accuracy of the agency’s forecasts. Ta. Against a backdrop of partisan battles on Capitol Hill over how to fund the government, Congress’ bipartisan scorekeeper […]

ME Gov. Mills proposes $71M supplemental budget, with focus on Lewiston massacre

Democratic Maine Governor Janet Mills announced a $71 million supplemental budget on Wednesday. The proposed adjustments to the Pine Tree State’s two-year budget specifically address mental health and firearm safety issues in the wake of last year’s Lewiston mass shooting, the deadliest in Maine history. “This proposal balances timely investments to address urgent needs with […]

CBS News axes star reporter Catherine Herridge in shocking layoff: ‘Got rid of her enemies under the guise of budget cuts’

Award-winning journalist Catherine Herridge has lost her job. On Tuesday, CBS News parted ways with Herridge, a senior investigative correspondent who primarily covered national security and intelligence. She recently reported that New allegations against President Joe Biden and The fight to make records public Mr. Biden’s interview with Special Counsel Robert Hur. Herridge appears to […]

NASA Jet Propulsion Laboratory laying off hundreds, citing budget gridlock

Due to a Congressional budget impasse, NASA has laid off hundreds of employees at the Jet Propulsion Laboratory, which launched numerous missions to Mars to search for signs of life. The Jet Propulsion Laboratory (JPL), managed by the California Institute of Technology, is “the only federally funded research and development center,” according to NASA’s website. […]

Whitmer introduces $80.7B budget slammed by GOP lawmakers

Michigan Gov. Gretchen Whitmer on Wednesday proposed an $80.7 billion budget aimed at increasing education spending and fulfilling a promise to provide students with a free education from preschool to community college. The second-term Democratic governor announced his budget at a joint meeting of the House and Senate appropriations committees. This comes on the heels […]

White House says ICE will reduce removal and detention operations due to budget shortfalls

The White House announced Thursday that U.S. Immigration and Customs Enforcement will soon be “forced” to reduce operations at the southern border due to a lack of funding. Press Secretary Karine Jean-Pierre told reporters that because Republicans have not passed a bipartisan border security deal with funding for Israel and Ukraine, the administration is left […]

NASA Jet Propulsion Laboratory to lay off workers amid budget constraints

NASA’s Jet Propulsion Laboratory (JPL), located outside Los Angeles, plans to lay off 530 employees and 40 contractors in a cost-cutting measure after failing to secure federal funding for the fiscal year. “These are painful but necessary adjustments that will allow us to meet budget allocations while continuing our important work for NASA and our […]