EL PASO, Texas (KTSM) – The Ysleta Independent School District is projecting an almost $14 million deficit for the next school year, according to a Board of Trustees meeting held Wednesday, May 15. During the meeting, the district discussed its budget along with several future challenges the district could possibly face. One of the challenges […]
(Bloomberg) — Australia plans to unleash a wave of spending from energy rebates to tax breaks for critical minerals and new warships as the center-left Labor government tries to win back voters ahead of an election due in a year. Most Read from Bloomberg The government’s books will swing into the red to the tune […]
Gov. Gavin Newsom’s administration is asking the Legislature to give it more control over when Californians pay their state taxes, an issue that stems from tax return delays due to severe weather. Atmospheric rivers in early 2023 brought rain and floods to California. That prompted the federal and state governments to delay tax filing deadlines […]
SACRAMENTO, Calif. (AP) — California’s budget deficit is at least $45 billion, a shortfall so large it prompted Gov. Gavin Newsom on Friday to propose painful spending cuts impacting immigrants, kindergarteners and low-income parents seeking child care in a state often lauded for having the world’s fifth-largest economy. Officially, Newsom said the state’s deficit is […]
SACRAMENTO, Calif. (AP) — California has a budget deficit of $27.6 billion, Gov. Gavin Newsom announced Friday — a gap so wide that he’s proposing eliminating 10,000 vacant state jobs and cutting spending across 260 state programs. The Democratic governor outlined the deficit Friday as part of his proposed $288 billion state budget for the […]
California Gov. Gavin Newsom is expected to unveil an updated state budget on Friday showing a huge budget deficit that’s likely to trigger painful spending cuts — a shortfall that appears to have grown during the past few months. State lawmakers must produce a balanced budget by the time the new fiscal year begins on […]
California Gov. Gavin Newsom is likely to face a budget deficit even bigger than the $38 billion he projected during his initial spending plan presentation in January. This means it will be tougher for the governor, who must detail his revised budget proposal — updated with the most recent tax receipts — by May 14 […]
The campus of Alverno College Alverno College announced looming cuts on the horizon, including the elimination of faculty and staff jobs. Some academic programs are also on the chopping block. How many jobs and which programs would be lost wasn’t clear Monday. A full recommendation is headed to the school’s Board of Trustees within the […]
Raising twins as a working single mother became a bigger challenge for Gente Tesfai when she suffered a knee injury that required major surgery, leaving her unable to return to work. That’s when she turned to the California Work Opportunity and Responsibility to Kids (CalWORKs) where the Fresno County Department of Social Services helped her […]
By Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s libertarian President Javier Milei is revving up his attack on the country’s deep fiscal deficit, doubling down on “chainsaw” spending cuts and “blender” austerity that squeezes purchasing power – and he hopes brings down rampant inflation. The embattled country, facing drained central bank reserves and annual inflation […]
Liverpool could not conjure up another remarkable comeback when they needed it most as their 1-0 victory over Atalanta in Bergamo failed to salvage their Europa League hopes. Mohamed Salah’s early penalty raised hopes all the pre-match reminiscence of the famous 4-0 against Barcelona in the 2019 Champions League semi-final would be replayed but their […]
Jamie Dimon Knew Subprime ‘Could Go Up In Smoke’; Now He’s Worried About An Artificial Economy ‘Fueled by Government Deficit Spending’ In the chaos of the 2008 recession, perhaps no bank stood more prepared than Jamie Dimon’s J.P Morgan Chase & Co. (NYSE:JPM). In advance of the crisis, Jamie Dimon realized that “underwriting standards were […]