Tag: budget
Economists disagree over costs of massive defense spending cuts
Most agree that tens and even hundreds of thousands of jobs will be lost, but how long they'll be lost for and how they might be recreated are an area for great disagreement....
Reports: Deficit super committee fails to reach agreement
The Super Committee in Congress was supposed to rise above the partisan divide and find a way forward for the necessary deficit reduction in Congress, but now signs indicate that the group of 12 senators and representatives have failed....
Defense Secretary Leon Panetta outlines possible budget cuts
In a conversation with The New York Times, Leon Panetta, the new defense secretary, described broad categories that he would like to cut in order to meet a Congressional mandate for $450 billion in cuts over 10 years....
State universities facing a quandary: Raise tuition or see quality decline
As public schools like the University of California struggle to find ways to remain competitive with top tier private schools, they're having to do so with declining state support. Accordingly, many are hiking tuition dramatically, but it's making college much less affordable....
Obama implements limited student loan forgiveness, other changes to payment plans
President Barack Obama used his executive authority this week to make it easier for those struggling under student loans to make payments....
Senate refuses — again — to take up scaled down version of Obama's jobs bill
Senate Democrats tried to bring forward a "bite-sized" portion of the Obama jobs bill — funding for teachers and law enforcement — but failed to get it past Republicans....
California turns to Chinese company, labor to build most of new Bay Bridge span
Much of the actual construction of San Francisco's new Bay Bridge was actually done in China. The bridge was then shipped to San Francisco for assembly....
Governments raising retirement age, reducing benefits for state employees
With the costs of pension plans skyrocketing, governments are trying to move new employees to 401k-style plans. But will that just leave them with skyrocketing welfare budgets down the road?...
VIDEO: New K9 puppies join Winnipeg Police Department
The Winnipeg Police Department has eight new police puppies ready to join the force. All is not well, though, as concerns have been raised about how the animals are cared for....
Budget battle leads Kansas town to repeal domestic violence law
Domestic violence is no longer a municipal crime in Topeka, Kansas, the latest casualty in budget wars going on at all levels of government....
