Tag: budget

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Economic and political aftershocks expected from Italy's surprise election results

Italy is facing political gridlock, while Europe contemplates the political and economic consequences of Italian voters ousting the country's internationally popular technocrat prime minister in favor of candidates who vow an end to austerity and more benefits for all Italians....
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Looming budget cuts imperil National Park system

With the sequestration budget cuts coming quickly, there are countless examples of how the budget cuts will have real world consequences. The National Park Service, advocates say, will be forced to greatly reduce operations to cope with mandated cuts....
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Deal near, but work remains, to avert fiscal cliff crisis

The efforts to avert the fiscal cliff started slowly but took on urgency over the past 72 hours. All signs point to a broad outline of a deal being reached, but it remains unclear whether both the U.S. House and U.S. Senate will be able to vote on it before the night is over....
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Conservative, liberal groups join in opposition to farm bill proposals

Neither the House of Representatives nor the Senate have been able to produce a farm bill that gets wide support. In fact, neither chamber have approved a bill, though there are committee proposals. But both conservative and liberal groups are blasting the proposals as bad policy....
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Politicians deadlock on agreement to avert fiscal cliff cuts, hikes

The negotiations over the fiscal cliff continue with few outward signs of progress. Democrats and Republicans are pointing fingers and seem able to agree on just one thing: don't expect any deals before Christmas....
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Local officials find difficulties in evaluating effectiveness of business tax incentives

States are competing against each other with tax incentives in the battle for jobs. But once incentives are given out, some are finding it impossible to determine whether they're getting any return on their investment....
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6 questions that help explain how the fiscal cliff will affect you

If you've heard about the impending fiscal cliff America is heading toward, you're probably wondering what barriers are in the way to stop us from hurtling over and if we shouldn't manage that -- what's waiting for us at the bottom of the ravine....
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Drought causes rash of forest fires in Spain as budget cuts limit firefighting resourcs

Spain has seen tens of thousands of acres of forests burned by fires this summer -- a problem made worse by the lack of rain and budget cuts that have cut into the resources the country can afford to put toward fire prevention and suppression....
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Politicians surprise, reach bipartisan agreement on six-month budget extension

With an election just a few months away, U.S. elected officials reached an agreement on how to fund government operations through the end of March. The bipartisan agreement surprised many, as budget decisions in recent years have led to protracted negotiations....
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State law, bad decisions caused Pennsylvania cities' problems, expert says

Several cities and towns in Pennsylvania are experiencing serious financial distress. Stateline.org writer Stephen Fehr says much of these cities' trouble can be tracked back to government action....
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