Inflation broke Americans’ holiday budget – here’s how long it will take to pay off debt
Some consumers may be able to pay off their holiday spending by the new year. (iStock) Most Americans are experiencing a holiday spending hangover that could take months to recover from, according to a recent survey. According to a recent WalletHub survey, 74% of consumers said inflation had a bigger impact on their holiday spending […]
Vermont Gov. Phil Scott proposes $8.6 billion budget to lawmakers
Republican Vermont Governor Phil Scott has proposed an $8.6 billion budget for fiscal year 2025. Scott urged lawmakers not to raise taxes or fees on Vermonters, saying it will be a tough budget year. In 2023, Scott vetoed an $8.5 billion budget, but the Democratic-controlled Congress overrode his veto. Republican Vermont Gov. Phil Scott on […]
Georgia economist warns of recession as governor says his budget will spur growth
Georgia's state economist warns lawmakers that the recession could reduce state tax collections in coming months, while Gov. Brian Kemp again paints the budget as a means to spur more economic growth. ing. In a video from Davos, Switzerland, where they are attending the World Economic Forum, lawmakers and the Republican governor told a joint […]
Kentucky House GOP budget differs with Democratic governor over how to award teacher pay raises
Kentucky House Republicans on Tuesday unveiled a spending bill aimed at boosting education funding and tapping into budget reserves, pumping more money into public pensions and infrastructure projects. The two-year budget plan submitted to the House does not guarantee raises for teachers and other public school employees. It also doesn't include state funding that provides […]
Start Closing the Budget Deficit by Changing Foreign Aid from Grants to Loans
Federal debt just broke record $34 trillion.it took the country over 200 years recorded the first $1 trillion in debt, Three months To accumulate the latest trillion dollars. A new parliamentary spending deal will help stem the bleeding. But more needs to be done. The first step to helping reverse runaway debt is to end […]
New York governor proposes budget, including $2.4 billion for migrant crisis in NYC while cutting aid to some schools
Democratic New York Governor Cathy Hochul is proposing to allocate $2.4 billion to address New York City's immigration crisis, even as she calls for aid cuts to some schools. Hochul is unveiled budget proposal A total of $233 billion was paid to the state Legislature in Albany on Tuesday. “New York continues to carry the […]