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"The Army needs to get a clue": The US military"s fight over money isn"t really about China

Their objections to budget cuts have nothing really to do with who is best positioned to fight. It's about losing out on .....»»

Category: topSource: businessinsiderMay 14th, 2021

Strengthening tax enforcement on the wealthy could raise $700 billion in 10 years, Treasury says

Biden wants to invest about $80 billion in the IRS after a decade of budget cuts and declining audits. .....»»

Category: topSource: businessinsiderApr 28th, 2021

Pacific Lutheran University will cut 36 faculty, several majors

Pacific Lutheran University announced Wednesday that it will cut 36 faculty positions and eliminate several academic programs. The cuts will reduce the private Tacoma-area school’s faculty of 300 by 12%. The university’s budget is expected to b.....»»

Category: topSource: bizjournalsApr 15th, 2021

Kenney proposes business, wage tax cuts in fiscal 2022 budget

Despite the pandemic continuing to hit the city’s tax revenue, newly awarded federal stimulus money will help foot the bill for Kenney’s $5.18 billion budget proposal presented Wednesday afternoon......»»

Category: topSource: bizjournalsApr 14th, 2021

Re-Fund The Police? LA County Increases Funding by $36 Million Months After Budget Cuts

Re-Fund The Police? LA County Increases Funding by $36 Million Months After Budget Cuts Authored by Zachary Steiber via The Epoch Times, Officials in Los Angeles County on Thursday voted to increase fundin.....»»

Category: worldSource: nytMar 28th, 2021

Biden blasts Republicans for suddenly caring about the national debt now that a Democrat"s in the White House

"When the federal budget is saving people's lives, they don't think it's such a good idea" to spend more, Biden said. He also talked Trump's tax cuts. President Joe Biden talks to reporters dur.....»»

Category: topSource: businessinsiderMar 25th, 2021

The NHS" tiny 1% pay raise is a slap in the face to the UK"s frontline workers who"ve risked their lives to protect us

NHS employees were offered a 1% raise. For a health service already facing budget cuts, this is a slap in the face of workers who've risked the.....»»

Category: smallbizSource: nytMar 20th, 2021

Orange County considers cuts to non-urgent construction, more in next budget

The county froze most hiring and avoided most pay increases during the current budget year......»»

Category: topSource: bizjournalsJan 22nd, 2021

THE INTERVIEW: University of Hawaii"s David Lassner keeps his options open as state budget crisis worsens

In a sign of solidarity with some 200 senior employees targeted for pay cuts, Lassner's even volunteered to reduce his total compensation by 20%......»»

Category: topSource: bizjournalsDec 14th, 2020

Inadequate stimulus will create the same risks that crippled the economic recovery following the Great Recession, experts say

Budget shortfalls threaten additional job cuts, gutted social programs, and can cripple states' abilities .....»»

Category: topSource: businessinsiderDec 14th, 2020

State budget revise cuts R Street parking garage/retail project

Among the numerous funding casualties in Gov. Gavin Newsom's revised state budget proposal for 2020-21: a new parking and retail project on R Street in Sacramento......»»

Category: topSource: bizjournalsMay 15th, 2020

Metro approves new budget that cuts $1.2B — for now

The $2.7 billion budget the Metro board passed Thursday doesn't look much like the one the authority was looking at in April. And it may need to be revisited again in another month, General Manager Paul Wiedefeld told board members at their monthly .....»»

Category: topSource: bizjournalsMay 14th, 2020

How much will Greater Dayton schools lose from state budget cuts? Start at $28M

In Montgomery County alone, 16 districts will see their operating budgets cut by more than $11.5 million between now and June 30......»»

Category: topSource: bizjournalsMay 13th, 2020

Experts warn of a second wave of economic pain

If Congress doesn’t act, state budget crises and unemployment insurance cuts will hammer the economy......»»

Category: topSource: moneycentralMay 12th, 2020

Polis, Western governors request $1T from federal government amid budget cuts

Gov. Jared Polis joined with other Western governors on Monday in requesting $1 trillion in relief to states and local governments to avoid deep cuts in services amid the Covid-19 pandemic. Governors and legislators in California, Colorado, Oregon, N.....»»

Category: topSource: bizjournalsMay 12th, 2020

Occidental posts $2.2 billion loss on charges, deepens spending cuts

Occidental Petroleum Corp on Tuesday swung to a first quarter loss on writedowns and charges, and the troubled U.S. oil producer cut its budget for the third time since March in response to a historic oil-price crash......»»

Category: topSource: reutersMay 5th, 2020

Occidental posts loss on $1.4 billion charges, cuts budget again

Occidental Petroleum Corp on Tuesday reported that it swung to a loss in the first quarter on write downs, and the troubled oil producer cut its budget for the third time since March in response to the historic crash of oil prices......»»

Category: topSource: reutersMay 5th, 2020

SLU sees $20M deficit this fiscal year, outlines cuts

Saint Louis University said Monday it anticipates a more than $20 million budget deficit this fiscal year, with the number possibly rising to $75 million in fiscal 2021, due to the Covid-19 pandemic. The school previously hinted at possible cost-reduc.....»»

Category: topSource: bizjournalsMay 5th, 2020

Polis issues new executive orders addressing evictions, ski resorts and state budget cuts

The orders come as retail shops reopen across most of Colorado and as non-essential offices prepare to welcome back workers on May 4......»»

Category: topSource: bizjournalsMay 1st, 2020

Coronavirus roundup: Menlo Park budget shortfall | Cities offer to aid county in Covid-19 testing

Menlo Park will have to make budget cuts and crack open its piggy bank to make up for a major funding gap this fiscal year and the city is bracing for an even bigger cut next year. The Peninsula city expects an $8 million budget shortfall between now.....»»

Category: topSource: bizjournalsMay 1st, 2020