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Illinois Is Still Facing the Nation’s Worst Budget Crisis

As Illinois struggles to recover from the nation’s most severe budget crisis, which almost saw the state’s credit rating lowered to “junk” status over the summer, a new report has found the state still has billions in unpaid bills. The...Show More Summary

APNewsBreak: Billions in Illinois bills not sent for payment

SPRINGFIELD, Ill. (AP) — Illinois is chasing a moving target as it tries to dig out of the nation's worst budget crisis, and a review obtained by The Associated Press shows $7.5 billion worth of unpaid bills — as much as half the total...Show More Summary

Trump Budget Director: What, Me Worry (About The National Debt)?

No, Mick Mulvaney isn’t a newly converted Keynesian. But his sudden disinterest in deficits is deeply troubling.

Children's health insurance expired nearly two weeks ago, and the Republican Congress doesn't care

Campaign Action States across the nation are eyeing their budgets—and their children's health programs—with trepidation, hoping they've got enough funding to last until Congress finally gets its act together and reauthorizes the program which expired at the end of September. Show More Summary

Discussions on Connecticut budget continue this weekend

Connecticut lawmakers say work on the state budget will continue through the weekend in an effort to end the monthslong impasse. Connecticut is the last state in the nation without … Click to Continue »

Stanford Says Soaring Public Pension Costs Devastating Budgets For Education And Social Services

A new study from Joe Nation of Stanford's Institute for Economic Policy Research entitled "Pension Math: Public Pension Spending and Service Crowd Out in California, 2003-2030," says that the devastating consequences of the ill-advised,...Show More Summary

Paul Krugman Won't Give Paul Ryan Credit for Wanting to Eliminate the Federal Government

Paul Krugman again went after Paul Ryan for the lack of specifics in his proposals for eliminating the national debt. As he reminds us, centrist commentators widely praised these proposals at the time as serious budget plans. While Krugman...Show More Summary

Stagnant farm economy slows growth in Iowa, Nebraska

A stagnant farm economy that has slowed Nebraska and Iowa's income growth to the lowest levels in the nation is also contributing to state budget problems that could linger through … Click to Continue »

Violence erupts at budget opposition protest in Haiti

Demonstrators in Haiti took to the streets of Port-au-Prince Saturday for an opposition-backed protest against the government budget, which many believe hurts the nation's poorest. The unpopular budget, released in July, will come into...Show More Summary

New Senate GOP budget would pave way for tax rewrite

Senate Republicans have unveiled a budget plan that's the first step to overhaul the nation's tax system. Continue reading ? The post New Senate GOP budget would pave way for tax rewrite appeared first on PBS NewsHour.

New Senate GOP budget would pave way for tax rewrite

Senate Republicans have unveiled a budget plan that's the first step to overhaul the nation's tax system. An overhaul is the top legislative priority for President Donald Trump and the … Click to Continue »

French press review 29 September 2017

Le Monde thinks that the very rich are going to love the next national budget. The rest of us less so. Do you know the name of the French prime minister? Does the new anti-terror law dangerously threaten individual freedom? Would you describe the recently-deceased publisher of Playboy magazine, Hugh Hefner, as a feminist?

US Army Still Seeking M4A2+ Carbines?

After being cancelled in mid-2016, could the M4 Carbine upgrade program still be alive? That is the suggestion from a line in the US Army’s justification for its research budget in the 2018 National Defense Authorization Act, which references...Show More Summary

Drug Patents and the Government Debt: Written So Even an Economist Can Understand

With the Republicans promising big tax cuts for their wealthy backers, we are again hearing talk about the budget deficit and national debt. Needless to say, most is pretty badly confused. At the most basic level, insofar as there is a burden of the debt, it is the interest payments on the debt. Show More Summary

Russia's Unmanned Aircraft Are Getting Lethal New Munitions

Samuel Bendett Security, But the success of such weapons will depend on the available military budget... Russian engineers have designed munitions specifically for the nation’s unmanned aerial vehicle (UAV) fleets, according to RIA-Novosti news agency. Show More Summary

Armageddon on a Shoestring: Prepare for Disasters Without Destroying Your Budget

Just before and right after every disaster, you see news coverage of crowded stores, depleted shelves, and interviews with people who don’t have enough (water, batteries, whatever). Don’t be those people. September is National Preparedness Month, and its theme – “Disasters don’t plan ahead. Show More Summary

Philippines legislature sets annual budget for the national Commission on Human Rights: $19.53

last monthHumor / odd : Boing Boing

https://www.youtube.com/watch?v=tUx95m9Ahn0 The Philippines is ruled by an admitted murderer, President Rodrigo Duterte (previously), whose death squads have operated with impunity since he took office last year (Trump loves him). (more…)

Violence erupts in Haiti over national budget

Protesters brought parts of the Haitian capital Port-au-Prince to a standstill Tuesday, setting vehicles alight and damaging local businesses in violent demonstrations against the government's budget plans. "These little thieves in Parliament...Show More Summary

GOP lawmakers push balanced budget mandate in Constitution

Republican lawmakers from 19 states are trying to develop a plan in Arizona this week for carrying out a growing, but unlikely, national effort to amend the Constitution to require … Click to Continue »

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