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Budget

All articles tagged with #budget

Scream 7 pivots on big returns and a costly script redo
movies10 hours ago

Scream 7 pivots on big returns and a costly script redo

Melissa Barrera was fired from Scream 7 over Gaza-comments that production called anti-Semitic, prompting a full rewrite managed by Spyglass with Kevin Williamson directing/co-writing at a cost of about $500,000. Neve Campbell was lured back for $7 million (Courteney Cox earned $2 million) against a roughly $45 million budget, helping set the stage for what may be the franchise’s biggest opening despite multiple director changes and cast shakeups.

via Gizmodo|
#budget#melissa-barrera#movies
Apple’s budget MacBook eyes budget Windows buyers with sub-$700 price and iPhone chip
technology3 days ago

Apple’s budget MacBook eyes budget Windows buyers with sub-$700 price and iPhone chip

Tom’s Guide reports Apple is reportedly prepping a low-cost MacBook that could start around $599–$699, feature 8GB RAM and 256GB SSD in a smaller display, and run on the iPhone’s A18 Pro chip to cut costs. The move aims to widen Apple’s entry point and lure budget Windows/Chromebook users, though it may trade some performance for affordability and help fill a gap in Apple’s lineup.

via Tom's Guide|
#apple#budget#laptops
Apple's Budget MacBook Could Grow Its Ecosystem
technology5 days ago

Apple's Budget MacBook Could Grow Its Ecosystem

Rumors suggest Apple will unveil a lower-cost MacBook around $699 to fill the entry-level gap and lure new customers (including Windows users) into its ecosystem, timed with three invite-only events in London, Shanghai, and New York; if true, the device could broaden Apple’s base with a colorful, affordable option that competes with Chromebooks and relies on ecosystem lock-in, though price and upgrade options will matter.

via AppleInsider|
#apple#budget#ecosystem
Tax math showdown: Mamdani’s NYC budget hinges on two hikes
politics6 days ago

Tax math showdown: Mamdani’s NYC budget hinges on two hikes

New York City Mayor Zohran Mamdani outlines two paths to close a $5.4 billion budget gap—either a 2 percentage-point hike to the personal income tax for top earners or a 9.5% increase in the overall property tax. The piece notes that describing the income tax as “2%” can be misleading, since a two-point increase effectively raises what high earners pay by about 52%, depending on how rates are calculated. Officials and watchdogs weigh in on the nuance as it shapes how the plan is understood and sold.

via City & State New York|
#budget#new-york-city#percent-vs-percentage-point
LAUSD sets in motion layoffs to close budget gap
education7 days ago

LAUSD sets in motion layoffs to close budget gap

LAUSD's board approved issuing preliminary layoff notices to 657 staff (primarily in central office) as part of a $1.4 billion fiscal stabilization plan to close a multi-year deficit, while signaling additional reductions to positions including hundreds of teachers next year due to enrollment declines; teacher layoffs for 2026-27 are not planned. Notices must go out by March 15, with a hiring freeze and final decisions expected in May or June. The district also plans to move up to 800 certificated positions to other roles and has redirected $50–60 million to restore some classified position cuts, all aimed at protecting schools and frontline staff while balancing the budget.

via LAist|
#budget#education#lausd
politics8 days ago

Mamdani Eyes Property Tax Hike to Bridge NYC Budget Gap, Pressing Hochul on Wealth Taxes

New York City Mayor-elect Zohran Mamdani unveils a $127 billion preliminary budget and floats raising city property taxes to cover a roughly $5.4 billion shortfall, a tactic aimed at pressuring Gov. Hochul to back higher taxes on the ultra-wealthy and corporations. The plan would draw on reserves and requires City Council support, while Hochul has shown limited appetite for property-tax increases; Albany approval would be needed for other wealth-based taxes.

via Politico|
#budget#hochul#mamdani
Congress Rebuffs Trump's Deep Budget Cuts, Preserving Core Programs
politics8 days ago

Congress Rebuffs Trump's Deep Budget Cuts, Preserving Core Programs

President Trump proposed sweeping, historically deep cuts to many federal programs, but Congress largely blocked those plans for 2026, leaving education, health, housing and research programs funded at or near prior levels. Preliminary data show about $1.6 trillion in discretionary spending for 2026, only modest changes from 2025. While the White House used tools like rescissions and pursued unilateral budget maneuvers and thousands of federal workers were affected, lawmakers preserved funding for Pell Grants and housing vouchers and rejected sharp reductions for agencies such as Education, the EPA and NIH. The episode underscores the persistent political friction around austerity and the ongoing battle between the presidency and Congress over spending priorities.

via The New York Times|
#appropriations#budget#congress
Hochul, Mamdani unveil $1.5B package to shore up NYC finances
local9 days ago

Hochul, Mamdani unveil $1.5B package to shore up NYC finances

New York State will provide New York City with $1.5 billion over two fiscal years to help address ongoing financial challenges and stabilize city services, with $1 billion in FY2026 and $510 million in FY2027. Of the total, $510 million will be recurring to cover costs previously shifted from the state to the city, including about $300 million for youth programming, $150 million from restored sales tax revenue, and $60 million for public health programs; the remaining $500 million will fund shared priorities to be determined through future state-city discussions. Governor Hochul says the investment strengthens both the state and the city, while Mayor Mamdani frames it as collaborative leadership to protect working New Yorkers. City officials have reduced the projected budget gap to about $7 billion using reserves and savings, with universal childcare commitments noted as part of prior efforts.

via WRGB|
#budget#funding#hochul
ICE maps out a $38B plan to build a nationwide detention network
politics-and-policy11 days ago

ICE maps out a $38B plan to build a nationwide detention network

ICE unveiled a plan to spend about $38.3 billion in 2026 to build eight mega detention centers, 16 processing centers, and ten additional facilities, creating capacity for roughly 92,600 detainees. Processing centers would hold 1,000–1,500 people for 3–7 days, while larger sites would house 7,000–10,000 for about 60 days as the primary locations for deportations. The plan would shift ICE to owning detention sites and hiring contractors to operate them, part of a broader effort to expand the deportation pipeline and fulfill deportation pledges, but it faces local pushback and questions about feasibility. In Merrimack, NH, retrofitting and operation are estimated at $300 million over three years, with about 1,252 jobs created. Critics warn of humanitarian concerns and practicality of housing so many detainees in single sites.

via Axios|
#budget#detention#ice
Sanctions squeeze Russia's oil revenue, tightening the budget amid a slowing war economy
world15 days ago

Sanctions squeeze Russia's oil revenue, tightening the budget amid a slowing war economy

Western sanctions and EU bans on Russian oil refined products have cut Russia's January oil and gas tax revenue to 393 billion rubles—the lowest since COVID—pushing Moscow to borrow from banks and raise taxes as growth stalls. A price cap, a growing shadow fleet of sanctioned tankers, and reduced demand from buyers like India keep revenues volatile, while Urals sell at a deep discount to Brent. Moscow relies on reserves and higher taxes (VAT up to 22%) to prop up the budget, but inflation risk grows as growth slows (Q3 GDP 0.1%, forecasts 0.6–0.9% this year).

via AP News|
#budget#oil-revenue#price-cap
politics16 days ago

Smoke and Strategy: Cole’s House Spending Breakthrough

From a smoke-filled room off the House floor nicknamed the “Cigar SCIF,” Rep. Tom Cole steered a $1.6 trillion government funding package through the House by leaning on old‑school, relationship‑driven diplomacy rather than sweeping new cuts. Facing hard‑liner pressure and a lingering DHS funding fight, he kept totals steady, empowered subcommittee chairmen, and secured buy‑in from leadership and bipartisan partners (Collins, DeLauro, Murray), earning grudging respect for reviving a traditional, bill-by-bill process. Eleven of the 12 annual appropriations bills have been signed into law so far, with DHS still unresolved, marking a rare political win in a tense moment while averting another shutdown.

via Politico|
#appropriations#budget#congress
One Premium Watch vs. a Budget-Timepiece Armory: The $4,550 Showdown
shopping17 days ago

One Premium Watch vs. a Budget-Timepiece Armory: The $4,550 Showdown

WIRED tests whether spending $4,550 on a single versatile “GADA” watch (the Tudor Black Bay GMT) yields more utility than assembling an equal-value collection of affordable timepieces (Baltic Aquascaphe, Dennison Midnight Aventurine, Hamilton Khaki Field Murph, Mido Ocean Star Decompression Worldtimer, Brew Super Metric). The five-watch lineup totals about $4,380, leaving room for a case and extra straps, and highlights the trade-offs between a single luxe piece and a diversified budget ensemble for daily wear, travel, and style.

via WIRED|
#budget#comparison#gear