Budgets are a near-constant source of contention for federal legislators, states, counties, cities and more. Budget problems and solutions affect nearly all areas of our lives, from schools to foreign aid. With earmarks and initiatives making their way into budget negotiations, as well as differing laws on “balanced” budgets, this topic is a big focus for independent voters looking beyond partisan gridlock. This section will follow the developments, drama, brinksmanship and compromise surrounding budgets regularly making headlines in American politics.
On Friday, members of the Texas Legislature agreed to a deal on the Texas State Budget that includes more money for public schools in exchange for $1 billion in tax cuts and fee rebates. The agreement comes after a tumultuous round of negotiations that was nearly derailed Wednesday
Governor Jerry Brown’s revised budget projections — announced on Tuesday — painted a slightly bleaker, yet more cautious picture for the fiscal future of California. Initial figures from the Legislative Analyst’s Office foresaw about $4.5 billion in additional revenues brought in during the 2012-2013 fiscal year.
Governor Brown’s revised state budget — released on Tuesday — and its conservative approach to California’s economic future were well-received, even by Republicans. The May revise also addresses growing concerns over the undesirable consequences of California prison realignment.
California Governor Jerry Brown is set to release his hotly anticipated budget revision, Tuesday. Following stronger than expected revenue returns, $4.5 billion according to the Legislative Analysts Office, interest groups and district representatives have been eager see just how much bacon is on the table.
Next week, Governor Brown will announce revised state budget for May and California is expected to have an important surplus for the first time in years. However, before Californians expect too much from the Legislature…
The Committee for a Responsible Federal Budget (CRFB), a nonprofit organization focused on fiscal policy, completed its analysis of the “Bipartisan Path Forward to Securing America’s Future.”
The California Public Policy Center (CPPC) issued a report Wednesday to assess the state’s current debt obligations. The authors include William Fletcher, a retired senior vice president…
