Word: deficits
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Booker staunchly defends the salaries. "I stand by any personnel decision I've made," he says. He points to a reduction of Newark's budget deficit, from $180 million to $73 million, according to the city, as a healthy return on his talent investments. A more professional and efficient city hall has helped Newark collect an extra $10 million in property taxes this year in spite of the foreclosure crisis. Further, Booker has proposed a 2% pay cut for all non-police and non-firefighter employees making more than $100,000 and is pushing for mandatory furloughs...
California is a state in crisis. Negotiations to resolve its $26.3 billion budget deficit are weeks behind deadline, more than $470 million worth of IOUs are clogging government ledgers and its state bonds are trading at near junk status. It's been a long, slow tumble from the Golden State's glamorous peak in the 1960s--when Governor Pat Brown built an efficient network of freeways and thriving, affordable public universities--to today's insolvent government beset by an unwieldy constitution and decades of mistakes...
...Field Poll conducted in California this spring showed that 56% of the state's registered voters support legalizing and taxing marijuana as a way of offsetting some of the budget deficit. Several national polls have shown that more than 45% of American adults are open to legalizing pot, about double the support a decade...
...Commerce Committee have threatened to block health-care legislation unless it puts a lid on costs. Resistance strengthened after the head of the nonpartisan Congressional Budget Office testified that the current House proposal would push costs up, not down, and would add some $240 billion to the federal deficit by 2019. That, in turn, has some Senators pushing back against the White House's early-August goal for passing health-care reform. With dissent spreading through his team's locker room, coach Obama was forced into pep-talk mode. "Now is not the time to slow down," he urged...
...Moore, a former prosecutor with a tinge of Hal Holbrook's hangdog air, such speeches are painful. As he explains, he has been a deficit hawk since joining Congress in 1998. Moore and his fellow Blue Dogs tried to win the Bush Administration's support for a budget-balancing proposal they called pay-as-you-go. "President Bush and the Republicans in Congress refused to support us," Moore says. "And in eight years of the Bush Administration, our debt went up $5 trillion...