RALEIGH, N.C. (AP) — The Republican-controlled General Assembly gave final approval on Thursday to its North Carolina government budget agreement and sent it to Democratic Gov. Roy Cooper, who is...
RALEIGH, N.C. (AP) — North Carolina Republicans rolled out on Tuesday details of a compromise state government budget that's been essentially hammered out by GOP legislators, without much...
RALEIGH, N.C. (AP) — North Carolina Republicans have rolled out a compromise state government budget that's been essentially hammered out only by them.
ST. PAUL, Minn. (AP) — Minnesota Gov. Tim Walz has called lawmakers back for a one-day special session after he and top legislative leaders reached agreement Thursday on the last of their major...
The Latest: Walz announces 1-day special session
ST. PAUL, Minn. (AP) — The Latest on developments at the Minnesota Capitol on Thursday (all times local):
Minnesota Gov. Tim Walz has called a one-day special session...
RALEIGH, N.C. (AP) — The two-year state government budget assembled by Republicans in the North Carolina House is now on its way to the Senate.
House Republicans: Budget emphasizes veteran teacher pay
RALEIGH, N.C. (AP) — North Carolina House Republicans rolled out nearly all of their proposed state government budget for the next two years Tuesday, saying the proposal will build up veteran...
RALEIGH, N.C. (AP) — The Latest on the North Carolina House unveiling its state government budget proposal (all times local):
RALEIGH, N.C. (AP) — Several North Carolina House Republicans who want to expand Medicaid renewed their pitch on Tuesday, now that the state legislature's changing political balance gives the...
RALEIGH, N.C. (AP) — It appears Republicans at the North Carolina legislature want to spend hundreds of millions of dollars less next year than Democratic Gov. Roy Cooper proposed in his state...
Capitol Watch: Will state budget be late?
ALBANY, N.Y. (AP) — On-time budgets have long been a priority for New York Gov. Andrew Cuomo as a way to demonstrate government effectiveness.
Japan would boost missile defenses in record military budget
TOKYO (AP) — Japan's Defense Ministry is seeking to more than double spending on missile defense, including purchases of costly American arsenals, to defend against North Korean threats.
The record-high 5.3 trillion yen ($47 billion) request for fiscal 2019, approved Friday by the ministry, is up 2.1 percent from last year. The military spending has risen seven consecutive years under Prime Minister Shinzo Abe.
RALEIGH, N.C. (AP) — North Carolina budget adjustments got final General Assembly approval Friday, setting the stage for a repeat performance of last year's process, when Democratic Gov. Roy Cooper vetoed the spending plan and Republican legislators overrode him.
The House approved alterations to the second year of the two-year, $23.9 billion state government budget by a nearly party-line vote of 66-44. The Senate finished its debate and votes on Thursday.
RALEIGH, N.C. (AP) — The Latest on the North Carolina General Assembly debating and voting on state government budget adjustments for the coming year (all times local):
North Carolina budget adjustments by the General Assembly are now just one vote away from Gov. Roy Cooper's desk now that the House has given initial approval to the plan negotiated by Republicans.
RALEIGH, N.C. (AP) — North Carolina budget alterations received initial approval Wednesday from the state Senate, their GOP authors emphasizing increased education spending and employee pay but Democrats blasting both plan content and the process.
A new report finds that legalizing and taxing marijuana boosts revenue for state and local governments, but not by much.
The credit rating agency Moody's Investor Service says in a study released Tuesday that legalizing recreational use of marijuana brings governments more money than it costs to regulate it.
Another tax day has come and gone. This week, workers were reminded again just how expensive government can be.
Don't look now, fair taxpayer, but just this month one of the state's leading candidates for governor unveiled what she called a "fix the damn roads" plan calling for a staggering $20 billion – with a "b" – in additional taxes (she called them "user fees," which is a polite way of saying everyday folks will pay the tab) and spending.
- The DayPreston to vote again Tuesday on proposed budgetJuly 29, 2019
- The News-ReviewDouglas County government budget for 2019-20 approvedJune 28, 2019
- The Herald-DispatchOfficials to discuss openness initiativesMay 27, 2019
- Wisconsin State JournalIn Tony Evers' 'liberal wishlist,' some potential areas for compromiseMarch 3, 2019
- The Washington TimesFederal regulations cut at record pace, saving $1.3 billionSeptember 17, 2018
JACKSON, Miss. (AP) — Negotiators in the Mississippi House and Senate have agreed to most parts of a roughly $6 billion state government budget for the year that begins July 1, including increases for education, health programs and foster care.
Lawmakers filed final versions of most budget bills Saturday night but were still working on a few important ones. The K-12 education budget bill was delayed, although leaders had agreed to a $9 million increase for schools.
JACKSON, Miss. (AP) — One of the top budget writers in the Mississippi Legislature has been taken from the state Capitol by ambulance, days before final budget talks.
Trump Rolls Out $1.5T Infrastructure Plan
Public pension system exceeds return expectation for 2017
PORTLAND, Ore. (AP) — Thanks to a red-hot stock market, Oregon's public pension system investment portfolio generated a 15.3 percent return last year, more than double what was expected and sufficient to lop $3 billion or so off the system's $25 billion unfunded liability.
But it wasn't enough to head off another painful round of pension cost increases slated to hit government budgets in 2019.
East Timor parliament rejects government budget second time
DILI, East Timor (AP) — A political crisis is looming in East Timor after a coalition of opposition parties rejected the new government's policy program for a second time.
A two-day parliamentary debate over the government's amended budget, which was increased to $1.61 billion from the 2017 budget of $1.39 billion, ended with most members of the ruling coalition walking out late Tuesday.
Analysis: Mississippi budget practices receive mixed grades
JACKSON, Miss. (AP) — A nonpartisan group that evaluates state government budget practices is giving mostly midlevel marks to Mississippi.
The Volcker Alliance was formed four years ago by Paul A. Volcker, a former board chairman of the Federal Reserve, with the goal of making government more efficient.
Russia’s 2018 World Cup costs grow by $600m
MOSCOW (AP) — Russian authorities say next year's World Cup will cost $600 million more than previously planned.
There was no immediate explanation from organizers or the Russian government for the latest cost rise, published in a government decree Tuesday and signed by Prime Minister Dmitry Medvedev.
Costs have risen by 34.5 billion rubles ($600 million) to 678 billion rubles ($11.8 billion), the decree states.
SAO PAULO (AP) — A prosecutor says government budget cuts could affect the Federal Police investigation into the country's biggest corruption scandal.
Carlos Fernando dos Santos Lima is involved in the probe into billions of dollars in inflated construction contracts and kickbacks to politicians that has landed dozens of the country's elite and politicians in jail.
The federal police have announced they will temporarily stop issuing passports because of a lack of sufficient funds.
For the first time since the governor's surprise move to defund the Minnesota Legislature, he and legislative leaders are slated to start talking.
A meeting between Dayton, House Speaker Kurt Daudt and Senate Majority Leader Paul Gazelka is planned for Tuesday morning, according to Matt Swenson, the governor's assistant chief of staff for communications. The big question is whether the stand-off can be resolved around the negotiating table or if it will be settled in the courts.
RALEIGH, N.C. (AP) — The North Carolina House gave initial approval to the Republicans' two-year government budget plan Thursday, a proposal that benefits from surging revenues to offer teacher and state employee pay raises, modest tax cuts and more reserves for savings and repairs.
JUNEAU, Alaska (AP) — Officials are considering deep funding cuts for Juneau's library system that would affect youth and outreach programs to deal with a local government budget shortfall.
The proposals that could cut up to $146,000 from current funding of $255,450 came as a surprise to library supporters.
Local lawmakers expressed shock and dismay Wednesday morning over Gov. Mark Dayton's decision to defund the Minnesota Legislature.
"It's very unfortunate. One branch of government cannot shut down another branch of government. That was totally inappropriate. He'll lose," said Rep. Greg Davids, R-Preston.
Voters in Seymour and Oxford are voting today on their town’s budgets with only a simple majority required to approve them.
In Oxford residents are being asked to approve a budget that calls for a 2.01 mill rate decrease. Ballots are being cast until 8 p.m. at Quaker Farms School, 30 Great Oak Road.
RALEIGH, N.C. (AP) — The Latest on the North Carolina Senate debating its two-year state government budget proposal (all times local):
The next stop for the North Carolina government spending proposal for the next two years authored by Senate Republicans is the chamber floor.
RALEIGH, N.C. (AP) — The Latest on North Carolina Senate Republicans unveiling their state government budget proposal for the next two years (all times local):
North Carolina Senate Republicans want to grow the state government budget for the next fiscal year at about half the rate of what Democratic Gov. Roy Cooper proposed two months ago.
RALEIGH, N.C. (AP) — North Carolina's often uncertain April 15 tax collections didn't yield much of a surprise this year for lawmakers drawing up the next state government budget.
RALEIGH, N.C. (AP) — Senate Republicans are on track to pass their two-year North Carolina government budget proposal next week.
Senate leader Phil Berger said Thursday that budget-writers expect to unveil a spending plan Monday or Tuesday, with votes on the chamber floor May 11 and 12.
The Latest: Thousands join global rallies for science
WASHINGTON (AP) — The Latest on the March for Science, with events around the world intended to promote the understanding of science and defend science from attacks such as proposed U.S. government budget cuts (all times EDT):
Scientists, students and research advocates are marking Earth Day by conveying a global message about scientific freedom without political interference.
Hundreds gather in Kansas City park on behalf of science
KANSAS CITY, Mo. (AP) — Hundreds gathered in a downtown Kansas City, Missouri, park on Earth Day in support of calls for scientific freedom without political interference and spending necessary to make future breakthroughs possible.
RIDGEFIELD—First Selectman Rudy Marconi said Friday the town is in good financial shape, but warned that tough times might be ahead as state and federal government budget-cutting gathers steam.
In his “State of the Town” address Friday morning at the Chamber of Commerce inaugural breakfast, Marconi outlined the town’s overall financial picture, the ongoing process of crafting a budget for next year and the status of various projects — all of which are now uncertain.
ST. PAUL, Minn. (AP) — Minnesota lawmakers' budget-setting spree is in full swing.
Possible cuts to state agencies and big tax breaks began to materialize this week as House and Senate Republicans started releasing detailed budget plans with a $1.65 billion surplus in hand. It's just the first act in a budget surplus that will ultimately be determined in private negotiations with Democratic Gov. Mark Dayton later this spring.
Here's a look at how the budget fight is shaping up:
BEIJING (AP) — China's finance ministry said Sunday that the country's defense budget this year will top 1 trillion yuan ($145 billion) for the first time, after the exact figure was initially kept out of public documents released at the start of the country's annual legislative sessions.
The ministry put the figure at 1.044 trillion yuan ($151 billion), a 7 percent increase from last year, marking the smallest percentage annual growth rate this century.
West Virginia confronts cash shortage despite natural riches
MORGANTOWN, W.Va. (AP) — West Virginia lawmakers returning to work shortly will find the state in the same position as last year — resource rich and cash poor. And though gas, not coal, is now the increasingly abundant resource, the budgeting challenges don't look all that different from the past.
Student school takeovers could be trouble for Brazil reforms
RIO DE JANEIRO (AP) — The teachers are gone. The administrators as well. Students have seized control here and at hundreds of other schools across Brazil in a widespread rebellion against government budget cuts.
The takeovers began in early October and have spread to at least 19 states, a wave of youth resistance to the austerity policies of new President Michel Temer, who faces the gargantuan task of pulling Latin America's largest economy out of deep recession while reining in the deficit.
N Carolina revenue collections up 3 percent in 1st quarter
RALEIGH, N.C. (AP) — North Carolina revenues are ahead of what was anticipated so far this fiscal year to carry out the current state government budget.
Economists with Gov. Pat McCrory's budget office and at the General Assembly say collections of taxes, fees and other revenues are $158 million ahead of projections through the first three months of the year, or Sept. 30. That equates to revenues that are 3 percent higher.
Ferry service suspended between Puerto Rico, nearby islands
SAN JUAN, Puerto Rico (AP) — A protest has temporarily cut the main link between Puerto Rico and the nearby islands of Vieques and Culebra, potentially disrupting travel for hundreds of people.
Economics expert slightly more optimistic for next fiscal year
At the start of the 2016 legislative session, New Mexico State University economics professor Jim Peach was asked about his expectations for the state economy and what that might mean for government budgets.
Peach’s answer was not especially popular: “I would simply count on no new money,” he told the Legislative Finance Committee in January.
Lawmakers on spot to revive intensely political casino tax
HARRISBURG, Pa. (AP) — Pennsylvania lawmakers are on the spot to revive intensely political provisions for local governments and institutions to share casino revenue.
Senate Minority Leader Jay Costa says the Legislature could vote as early as October to pass a new revenue formula that's designed to pass constitutional muster.