What is the Fiscal Cliff? The Fiscal cliff is a series of automatic spending cuts and tax increases that are the result of the Budget Control Act of 2011.
Until California finds a solution to growing income inequality, growth will remain tepid, leading to continuous budget deficits, budget cuts and debt.
Today, the House took their first steps at resolving the looming defense budget cuts by drafting legislation requiring the Obama Administration to plan out how and where massive government cuts will take place in a report to Congress.
Governor Jerry Brown has finally reached a budget compromise with legislative leaders Senate President Pro Tem Darrell Steinberg and Assembly Speaker John Perez.
Governor Jerry Brown has proposed tough budget cuts, including to health and human services in an effort to close California’s $15.7 billion deficit.
Looking at Twitter today, I saw that the U.S. Department of Defense (DOD) is actually on Twitter. And I guess I knew that already, except that I really got to.
Budget talks have been particularly difficult this year as Governor Jerry Brown and Democratic leaders struggled to find agreement on how to close California’s $15.7 billion deficit.
