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   
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    Gulf Arab states saw $780 mln in fund outflows due to Fed taper-IMF - CNBC
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  • Winchendon school board wants state to oversee town finances
    Mr. Kreidler submitted a deficit reduction plan that includes proposed deficit legislation, cuts to town employees' hours, a $250,000 cut to the school budget, use of $1.6 million in stabilization money that would deplete that account, and an $800,000 ...
    10/31/2014 - 10:55 am | View Link
  • Troy faces state financial take over
    Mayor Lou Rosamilia and City Council President Rodney Wiltshire said state comptroller’s staff projected the city could run at least a 1 percent deficit — about $800,000 – in its 2014 budget triggering a return of state financial oversight.
    10/31/2014 - 9:03 am | View Link
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    But he also stressed last week that the injection would have no impact on the Budget deficit as the capital would be raised through the sale of “nonstrategic State assets”. Nene gave no specifics on the assets in question, saying only that they ...
    10/30/2014 - 11:00 am | View Link
  • Proposed amendment draws concern about future of state budget
    Marvin Overby, MU political science professor and expert on legislative procedure, said the governor has the power to withhold funds from state entities to avert a potential budget deficit if revenue for the current fiscal year might not be as much as ...
    10/30/2014 - 5:39 am | View Link
  • Bill on 2015 state’s general budget marks increase over 2014
    Ismael said the crisis in the country has contributed to increasing budget deficit as the government has had to increase the volume of public expenditure in order to consolidate the requirements of steadfastness and stability, support national economy ...
    10/28/2014 - 9:00 pm | View Link
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  • 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 ...
    10/31/2014 - 12:09 pm | View Website
  • 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.
    10/30/2014 - 8:38 pm | View Website
  • Foley says he won’t use layoffs to close next state ...
    Republican gubernatorial candidate Tom Foley expanded his effort Tuesday to reassure state employees, saying he would not use layoffs to help close a projected, $1.4 ...
    10/30/2014 - 8:38 pm | View Website
  • State Balanced Budget Requirements
    State Balanced Budget Requirements. Requirements that states balance their budgets are often said to be a major difference between state and federal budgeting.
    10/30/2014 - 7:16 am | View Website
  • The Wrong Target: Public Sector Unions and State Budget ...
    2 The Wrong Target: Public Sector Unions and State Budget Deficits thousand residents is not growing and previous studies have found that public sector compensation, as
    10/29/2014 - 7:10 am | View Website
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