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Friday, May 17
by
SRN News
Brazil sees aid measures from floods hitting its budget by at least $2.6 billion
By Bernardo Caram BRASILIA (Reuters) – Brazil estimates aid measures taken by authorities after deadly floods in its southernmost state will cost at least 13.4 billion reais ($2.6 billion) from its budget, according to finance ministry data compiled by Reuters. Heavy rains, ...
Friday, May 17
by
SRN News
Teachers criticize Newsom’s budget proposal, say it would ‘wreak havoc on funding for our schools’
SACRAMENTO, Calif. (AP) — California’s largest teachers union on Friday turned up the pressure on Gov. Gavin Newsom, announcing a public campaign aimed at blocking part of his plan to balance the budget because they say it “would wreak havoc on funding for our ...
Friday, May 17
by
Tom Katz
Illinois General Assembly Gets Ready to Pass a Budget
State Representative Travis Weaver (R-Edwards) said on the House floor today that he was recently given a copy of a book called “Rich States, Poor States” written by economist Aurthur Laffer which raises increasingly alarming statistics about the state of Illinois. In his ...
Thursday, May 16
by
SRN News
Psychedelic therapy and workers’ rights bills fail to advance in California’s tough budget year
SACRAMENTO, Calif. (AP) — As California faces a multibillion-dollar budget deficit, lawmakers must make tough decisions about which of the more than 1,000 measures still alive in the Legislature this year will not make the cut. On Thursday, they stopped hundreds of bills from ...
Thursday, May 16
by
SRN News
Former Connecticut budget official arrested, pleads not guilty to bribery and extortion charges
A former top official in Connecticut Gov. Ned Lamont’s budget office who played a key role in school construction grants and offshore wind projects was arrested Thursday morning and later pleaded not guilty to extortion, bribery, conspiracy and false statement charges in an alleged ...
Tuesday, May 14
by
SRN News
Stellantis takes on China budget EVs with Leapmotor sales in Europe
HANGZHOU, China (Reuters) -Stellantis will take on China’s budget electric vehicle (EV) players in Europe with two models from Chinese joint venture (JV) partner Leapmotor starting in September and other regions to follow this year. A European network of 200 dealerships by the end of ...
Monday, May 13
by
SRN News
Australia sees second straight budget surplus, inflation easing sharply
SYDNEY (Reuters) – Australia’s government will boast a second consecutive budget surplus on Tuesday, courtesy of strong employment and high commodity prices, giving it cash to afford more cost of living relief and industry incentives. Figures from Treasury showed the government ...
Monday, May 13
by
The Center Square
Pritzker: $800 million cut memo sends message to balance budget
(The Center Square) – Gov. J.B. Pritzker says the message being sent by a memo directing state agencies to anticipate $800 million less to spend than what he ...
Friday, May 10
by
SRN News
California has a multibillion-dollar budget deficit. Here’s what you need to know
SACRAMENTO, Calif. (AP) — California has a huge budget problem that could force thorny decisions from Democratic leaders who enjoyed a more than $100 billion surplus just three years ago. This is the second year in a row the nation’s most populous state is facing ...
Friday, May 10
by
SRN News
California’s budget deficit has likely grown. Gov. Gavin Newsom will reveal his plan to address it
SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom will update his budget proposal on Friday, and the news likely won’t be good. Newsom, in his last term as governor and widely seen as a future presidential candidate, announced a nearly $38 billion deficit in January, ...
Thursday, May 9
by
The Center Square
Freedom Caucus on Pritzker urging $800 million in budget cuts: We told you so
(The Center Square) – For weeks, Gov. J.B. Pritzker has boasted about his proposed 2025 budget as being balanced, but it appears that the numbers aren’t adding up. ...
Thursday, May 9
by
The Center Square
Pritzker directs state agencies to prepare for $800 million less for proposed budget
(The Center Square) – Illinois state agencies are being directed to prepare for $800 million less than what Gov. J.B. Pritzker proposed for the fiscal year 2025 budget. ...
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