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Fringe Benefits Challenge New York School Budgets

Public elementary and secondary education in New York State is a $55 billion enterprise. Total spending on education in 2013 averaged $19,818 per student in New York, 85 percent higher than the national average of $10,700, exceeding all other states and the District of Columbia. Show More Summary

Is Jeb! Related to Angela Merkel?

Jeb! apparently thinks the U.S. needs spending cuts in order to get a balanced Federal budget, which sort of sounds like what Merkel has been insisting in terms of fiscal policy for the “Club Med” nations. I was wondering where this hate filled term came from and in my search I found this. Show More Summary

Australian Artists Outraged Over Government’s Massive Arts Budget Cuts

“‘We do not know which arts leaders we are cutting out of this nation’s future,’ writes celebrated Australian composer Liza Lim. ‘We damage the vibrancy, the diversity and inclusiveness of this nation’s art making … by attacking the seed-beds of arts endeavour through cuts of this scale.'”

Daily dose: The fruit of incompetence version

N.C. Budget Director prepares for possible, but unlikely, state government shutdown (National Law Review) -- State Budget Director Lee Roberts is querying N.C. agencies to determine which functions are critical for “health, safety and well-being” and must continue even if there is a state government shut-down. Show More Summary

New Low In IRS Service: Just 10% Of Possible ID Theft Victims Got Calls Answered  

It’s not news that the budget strapped IRS provided abysmal phone service this past tax filing season. But in her mid-year report to Congress, National Taxpayer Advocate Nina E. Olson disclosed what still qualifies as a startling failure.

Why does George Osborne hate women and Northerners?

George Osborne is actually boasting about how it will be women and Northerners who lose their jobs as a result of his national living wage: The chancellor, George Osborne, will respond to claims his budget welfare reforms hit the poor hardest by saying women and those based outside London and the south-east will be the […]

Ideas for the city's big spenders

New York City's budgeted expenditures in fiscal year 2016 are $78.5 billion, exceeding those of nearly every U.S. state and many of the world's developed nations. Yet we will struggle in the coming... To view the full story, click the title link.

Budget in review

2 weeks agoNews : Slugger O'Toole

The increase in the National Minimum Wage for over-25s to converge on the Living Wage was a masterstroke, one which finally recognised that businesses, regardless of ability to pay, tend to pay staff as little as possible. The increase will lead to the median wage increasing due to pay leads, so that £9.35 may well more...

The Great Corporation Tax Reform Dilusion

2 weeks agoNews : Slugger O'Toole

Budget 2015 presented yesterday by George Osborne included another cut to the UK Headline Corporation Tax from 20% to 19% in 2017 and 18% in 2020 which means that the UK is now has the lowest Corporation Tax rate of the G20 Nations. The difference between the headline Rate in the Republic of Ireland and more...

IFS takes aim at Osborne’s ‘arithmetically impossible’ sleight of hand

George Osborne may have – politically – sweetened the bitter pill of his Budget by ending it with a surprise announcement about the National Living Wage. But the Institute for… Continue reading The post IFS takes aim at Osborne’s ‘arithmetically impossible’ sleight of hand appeared first on Spectator Blogs.

Osborne’s gift to Labour

A National Living Wage. That’s the headline George Osborne’s advisers wanted from this budget, and it’s likely he’ll get it. It’s an audacious raid on Labour territory, but it disguises a big concession. The retreat isn’t about improving family finances. … Continued

U.S. Air Force leader sees Russia as 'biggest threat'

WASHINGTON (Reuters) - Russia is the biggest threat to U.S. national security and America must boost its military presence throughout Europe even as NATO allies face budget challenges and scale back spending, U.S. Air Force Secretary Deborah James said on Wednesday.

What The Summer Budget Means For Entrepreneurs

The National Living Wage is an experiment in public policy that may be costly for Britain's entrepreneurs.

Cut new national parks, says group backed by Koch brothers

The National Park Service operations budget has been cut 80 percent or nearly $190 million, in the last 4 years alone, but that's not enough for a group backed by the Charles G Koch Charitable Foundation. Reed Watson, the executive director of the and

The Budget rabbit: A National Living Wage

The announcement that got the biggest roar of support in today’s Budget was that from 2020 workers over 25 will be paid £9 an hour in a National Living Wage.… Continue reading The post The Budget rabbit: A National Living Wage appeared first on Spectator Blogs.

Everything you need to know about Britain's Summer Budget

Chancellor George Osborne delivered the first Conservative Party Budget in 18 years on Wednesday, after his party's surprise election victory in May. The big takeaways are a new national living wage of £7.20 an hour starting next April;...Show More Summary

Osborne brings in a National Living Wage…

2 weeks agoNews : Slugger O'Toole

Just now in the budget speech… And I have to say it was rather quiet on the Labour and SNP benches opposite. Although as Torcuil points out… A national living wage of £9 by 2020, starting at £7.20 next year.Nat min wage is £6.70 now. Not a living wage when tax credits are cut — more...

The Imperatives of Medicine

Note: Thanks to Julie for this post. There is a trend in America called "slow medicine." I read that 35% of the MediCARE budget (for seniors) is spent on patients' LAST SIX MONTHS of life. We are a nation of...

Australia’s Arts Groups Are In The Depths Of A Sudden, Terrifying Funding Crisis

3 weeks agoArts : Modern Art Notes

“After more than 400 organisations spent months developing their applications, the entire round was cancelled after Brandis ripped $104.7m from the Australia Council’s funding in the May budget, in order to create his new national program for excellence in the arts.”

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