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Tag Archives: cuts
KRISTIN OLSEN: Save education by setting better budget priorities
Monday, Gov. Jerry Brown will submit his May revise budget proposal to the Legislature. It is expected that he will present two proposals: one that relies on tax increases to close the deficit and one that does not include tax … Continue reading
Posted in Local
Tagged budget priorities, bureaucracy, cuts, deficit, education, Jerry Brown, Kristin Olsen, new taxes, Prisons, social services, tax, tax increases, welfare
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Tax Rates are High Enough Already
Rep. Michele Bachmann talked to Matt Lauer this morning on the Today Show about the U.S. tax rate. She said she cannot support raising tax rates because higher taxes, especially on job creators, actually bring in less revenue rather than … Continue reading
Posted in National
Tagged budget, Congress, cuts, deficit, Earners, GOP Budget, Michele Bachmann, Republican Budget Proposal, revenue, social security, spending, Tax Cuts, Tax Rate, Tax Rates, taxes, Tea Party, Top
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U.S. sets $223B deficit record
The federal government posted its largest monthly deficit in history in February, a $223 billion shortfall that put a sharp point on the current fight on Capitol Hill about how deeply to cut this year’s spending. Read more…
Posted in National
Tagged Biden, CBO, Congressional Budget Office, cuts, deficit, largest monthly deficit, obama, record, spending, stopgap funding bill
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Another House Repub joins no-more-borrowing club
While the House Republican leadership still is committed to raising the debt limit past $14.3 trillion, there’s increasing opposition within GOP ranks to doing so, says the organizer of a campaign to get Republicans in the lower house to rethink … Continue reading
Legislative analyst identifies massive cuts if taxes fail
The Feb. 10 letter responds to Sen. Mark Leno, D-San Francisco, who asked the Analyst’s Office what the Legislature could do if voters or lawmakers reject tax revenues proposed by Gov. Jerry Brown. The LAO offered $13.5 billion in alternatives, … Continue reading
Posted in California
Tagged California, cuts, deficit, Jerry Brown, Legislative analyst, Mark Leno, revenue
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