State Budget Deficit Soars

California's budget deficit has jumped to $16 billion, forcing Gov. Jerry Brown to call for even deeper cuts in state spending when he releases his revised budget plan on Monday. Brown revealed the dramatically higher...

Topics:  gov jerry brown   state   budget deficit   
ASK NEWS:
  • Fiscally Shaky Budget For Chicago Public Schools Approved - Huffington Post
    ... bulk up available reserves to eliminate a nearly $1 billion deficit. The budget for the nation ... in the absence of increased state funding ...
    07/24/2014 - 2:33 pm | View Link
  • UPDATE 1-Moody's cuts Pennsylvania rating to Aa3 on budget concerns - Yahoo! Finance
    CORRECTED-UPDATE 1-Moody's cuts Pennsylvania rating to Aa3 on budget ... - Reuters
    07/22/2014 - 10:59 am | View Link
  • U.K. Deficit Goal In Doubt as Spending Offsets Tax Jump - BusinessWeek
    U.K. Budget Deficit Little Changed as Growth Boosts Taxes - Bloomberg
    07/22/2014 - 8:17 am | View Link
  • Cheap Debt Won’t Deter State Power Asset Sale: Australia Credit - Washington Post
    Cheap Australia Debt Won’t Deter New South Wales Power Asset Sale - Bloomberg
    07/22/2014 - 7:57 am | View Link
  • Moody's cuts Pennsylvania rating to Aa2 on budget concerns - Yahoo! Finance
    Pennsylvania sees third rating downgrade in 2 years - Pittsburgh Post-Gazette
    07/21/2014 - 2:58 pm | View Link
  • More
YAHOO NEWS:
  • Deficit projected in preliminary state budget estimates
    The state got through the first year of its 2013-15 budget period in relatively good shape.
    07/24/2014 - 6:00 am | View Link
  • Solano court employees rally against budget cuts, furloughs
    Solano County Superior Court employees in Fairfield and Vallejo staged a noontime rally on Wednesday to speak out against state budget cuts that have reduced clerks hours, caused layoffs and resulted in furlough days.
    07/24/2014 - 1:44 am | View Link
  • CBO: Budget Deficits to Saddle Next Generation with WWII-Era Burden
    By AKASH CHOUGULE: The CBO report should be a rallying cry for taxpayers to hold legislators and the President accountable, and call for immediate entitlement reform – lest we leave the next generation the same fate as Greece.
    07/23/2014 - 10:18 pm | View Link
  • Illinois Outlook Dropped to Negative by S&P on Deficit Concerns
    Illinois, the lowest-rated U.S. state, had its outlook dropped to negative by Standard & Poor’s, which cited the prospect of budget deficits and questions over whether pension overhaul measures will survive legal challenges.
    07/23/2014 - 3:59 pm | View Link
  • Illinois outlook cut to negative by S&P on deficit concerns
    Illinois, the lowest-rated U.S. state, had its outlook dropped to negative on Wednesday by Standard & Poor's, which cited the prospect of budget deficits and questions over whether pension overhaul measures will survive legal challenges.
    07/23/2014 - 1:01 am | View Link
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BING NEWS:
  • Deficit projected in preliminary state budget estimates
    The state got through the first year of its 2013-15 budget period in relatively good shape. But in the budget year that began July 1, state fiscal analysts estimate, the budget could dip slightly below the required minimum reserve. And in the next two-year ...
    07/23/2014 - 11:20 pm | View Link
  • Chicago School Board approves $5.8B budget
    While officials acknowledged the potential pitfalls of using a one-time accounting maneuver to cover a gaping deficit, Chicago’s Board of Education Wednesday unanimously approved a $5.8 billion operating budget and another $1 billion in spending on ...
    07/23/2014 - 11:40 am | View Link
  • Balanced budget for Tomball ISD may shift with state mandates
    which would create a budget deficit early next year. Ross said that while he can estimate the financial impact of opening the four new schools in 2015 and 2016, other financial variables could come when the state Legislature meets in January. "There are ...
    07/22/2014 - 11:43 am | View Link
  • Will Walker Face a Budget Deficit?
    Within weeks, we may know whether Republican elected officials have tax cut their way into the next potential state budget deficit. Late in August, the state Department of Revenue will release the preliminary total for general-fund tax collections for ...
    07/21/2014 - 10:46 am | View Link
  • EIPR criticises state budget as ‘unfair to the poor’
    The Egyptian Initiative for Personal Rights (EIPR) heavily criticised the fiscal year (FY) 2014/2015 state budget in a report issued Sunday, saying it does not protect those most in need. The initiative said that measures taken to reduce the deficit did no ...
    07/21/2014 - 2:48 am | View Link
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BING SEARCH:
  • History of Deficits and Surpluses In The United States
    The United States has a long history of running deficits, but there have also been long stretches of surpluses as well.
    07/24/2014 - 11:36 am | View Website
  • CBPP
    As a new fiscal year begins, the latest state budget estimates continue to show that states’ ability to fund services remains hobbled by slow economic growth.
    07/24/2014 - 7:25 am | View Website
  • New York State Division of the Budget: Home Page
    New York State Division of the Budget home page. Provides information for citizens and other government bodies, including official publications.
    07/24/2014 - 3:43 am | View Website
  • United States federal budget
    The Budget of the United States Government often begins as the President's proposal to the U.S. Congress which recommends funding levels for the next fiscal year ...
    07/23/2014 - 4:38 pm | View Website
  • 2010 United States federal budget
    The United States Federal Budget for Fiscal Year 2010, titled A New Era of Responsibility: Renewing America's Promise, is a spending request by President Barack Obama ...
    07/23/2014 - 9:35 am | View Website
  • More
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