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May 9, 2021

BUDGET

DiNapoli: New York budget draws on $26.7 billion from new revenue sources

WashingtonExaminer
USA TODAY – For more and to sign up click here The record $212 billion budget New York lawmakers passed earlier this month includes an estimated $26.7 billion in revenues from new resources. That’s according to an analysis released Thursday by Comptroller Thomas DiNapoli. The new resources include federal aid......

Washington state passes downsized $11.8B transportation budget lowering gas tax hike

WashingtonExaminer
USA TODAY – For more and to sign up click here Washington drivers will pay the third-highest gas tax in the nation after the passage of an $11.8 billion transportation plan by state lawmakers. The two-year budget stems from an 11th-hour deal made between House and Senate Democrats over the......

Egypt projects 7.1% increase in debt financing needs in 2021/22

Reuters
FILE PHOTO: A view of the city skyline and River Nile from Cairo tower building in the capital of Cairo, Egypt December 5, 2019. REUTERS/Amr Abdallah Dalsh/File Photo CAIRO (Reuters) – Egypt expects its debt financing needs to rise by 7.1% to 1.068 trillion Egyptian pounds ($68.1 billion) in the......

Wyoming’s $4.3 million in budget cuts ‘not surprising’ says budget analyst

WashingtonExaminer
USA TODAY – For more and to sign up click here Wyoming is eliminating 324 states jobs and cutting its budget by $430 million in response to economic conditions caused by the COVID-19 pandemic and other factors. Gov. Mark Gordon signed House Bill 01 into law earlier this month. Juliette......

MLS says Inter Miami violated budget rules to sign Matuidi

Reuters
Nov 20, 2020; Nashville, TN, Nashville, TN, USA; Inter Miami midfielder Blaise Matuidi (8) passes the ball through the legs of Nashville SC defender Alistair Johnston (12) during the first half at Nissan Stadium. Mandatory Credit: Steve Roberts-USA TODAY Sports Major League Soccer (MLS) has said that Inter Miami’s signing......

West Virginia legislature passes budget, fails to pass income tax reduction at session’s end

WashingtonExaminer
USA TODAY – For more and to sign up click here As the West Virginia legislative session came to a close, lawmakers successfully passed a budget bill, but failed to reach an agreement on how the state should reduce and eventually eliminate its income tax. The nearly $4.5 billion budget......

Louisiana budget crisis leaves state with stark choice on taxes

CBS News
CBS News – For more and to sign up click here Louisiana budget crisis leaves state with stark choice on taxes – CBS News Watch CBSN Live A massive budget shortfall in Louisana has the state legislature holding an emergency session. It faces a hard choice: raise taxes or make......

Five takeaways from Biden’s first budget proposal

TheHill
USA TODAY – For more and to sign up click here Niv Elis President BidenJoe BidenAnne Frank’s stepsister: Trump ‘obviously admired Hitler’ Biden-GOP infrastructure talks off to rocky start We must stop cutting China slack on climate MORE’s budget proposal on Friday kicked off what’s likely to be a long,......

Grammy-Nominated duo Black Violin inspires students, shows how

CBS News
CBS News – For more and to sign up click here Grammy-Nominated duo Black Violin inspires students, shows how “impossible is possible” – CBS News Watch CBSN Live With school arts budgets facing cuts and students remote learning, the Grammy-nominated duo Black Violin is stepping in to help. For the......

Acting NASA Administrator Statement on Agency FY22 Budget Request

NASA
The Biden-Harris Administration submitted to Congress Friday the president’s priorities for fiscal year 2022 discretionary spending. The following is a statement from acting NASA Administrator Steve Jurczyk on the funding request: Source link To Return to the Main Aggregate News Page – click here Break’n Pics – For Free Stock......

Washington transportation plans pit roads against public transit in budget battle

WashingtonExaminer
USA TODAY – For more and to sign up click here Washington Democrats want to get the state moving, but two transportation plans still on the table would put more commuters behind the wheel than on a bus. The two plans stem from four spending packages introduced this session in......

Manchin taps brakes on Biden agenda by warning against overuse of budget tool

CNN
USA TODAY – For more and to sign up click here Manchin’s position, stated in a Washington Post op-ed, potentially slows Democrats’ ability to push through a sweeping infrastructure package that does not currently have any Republican support. Senate Democrats have eyed using reconciliation to push through their $2 trillion......

U.S. Senate parliamentarian says reconciliation can be used to pass legislation

Reuters
FILE PHOTO: U.S. Senate Majority Leader Chuck Schumer (D-NY) touts Senate Democrats legislative accomplishments as he holds a news conference at the U.S. Capitol in Washington, U.S., March 25, 2021. REUTERS/Jonathan Ernst/Pool WASHINGTON (Reuters) – U.S. Senate parliamentarian has issued an opinion that a revised budget resolution may contain budget......

Cuomo insistence on development funds for single project among key budget roadblocks: Report

WashingtonExaminer
USA TODAY – For more and to sign up click here One of the projects stymieing New York state’s $200 billion budget, which was due Thursday, is a $1.3 billion bond request by Gov. Andrew Cuomo to transform a part of midtown Manhattan, the New York Daily News reported this......

DeWine signs $8.3B, two-year Ohio transportation budget

WashingtonExaminer
USA TODAY – For more and to sign up click here Ohio Gov. Mike DeWine praised the $8.3 billion state transportation budget he signed into law despite it missing the increased vehicle fees and massive cuts for public transportation he proposed. The two-year budget, House Bill 74, provides money for......

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