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Budget Battle

All articles tagged with #budget battle

politics2 years ago•2 min saved

"New York's Budget Battle: Taxing the Rich, School Funding, and Housing Priorities"

The New York State Legislature has released budget proposals, with debates over taxing the rich, tenant protections, and school funding. Governor Kathy Hochul's $233 billion spending plan includes investments in mental health care and public safety, but also proposes cuts to education funding and health care. Democrats in the Senate and Assembly are pushing back against some of Hochul's proposals while offering their own solutions for the state's housing crisis and transportation accessibility.

via The New York Times|

#budget-battle #housing #new-york

politics2 years ago•14 min saved

Congress Returns from Christmas Break to Face Looming Budget Battle

Congress is back from Thanksgiving break and gearing up for a spending fight as Speaker Mike Johnson struggles to balance House conservatives' demands for fiscal reform with keeping the government operating. House Freedom Caucus members are signaling that they won't give Johnson another free pass, putting his job at risk if he fails to make significant cuts to federal spending. The stakes are high as the 2024 election approaches, with President Biden's vulnerability and the Democratic Senate majority at risk. The House has passed seven of the twelve full-year funding bills, but leadership is having trouble locking down support for the remaining five bills due to disagreements over spending cuts. Meanwhile, lawmakers from both parties are leaving Congress, citing dysfunction and an inability to get things done.

via The Hill|

#budget-battle #congress #federal-spending

politics2 years ago•5 min saved

"Budget Battles and Broken Relationships: Analyzing Gov. Shapiro's Controversial Actions"

Pennsylvania's state Capitol witnessed a dramatic week as the House and Senate went into recess without completing budget talks, leaving the state at an impasse. Governor Josh Shapiro secured significant wins in his first budget negotiation, including $700 million in new education funding and $7.5 million for public defenders. House Democrats successfully protected their chamber from a potentially damaging vote on school vouchers, while "crisis pregnancy centers" received a 30% budget increase. Homeowners in need of repairs will benefit from a $50 million home repairs program, but Pennsylvania counties were left disappointed as their requests for additional aid were not included in the final spending bill. Students at the University of Pittsburgh, Penn State, and Temple face the risk of losing their in-state tuition discount due to a lack of state funding.

via The Philadelphia Inquirer|

#budget-battle #crisis-pregnancy-centers #education-funding

politics2 years ago•5 min saved

Budget Battle Intensifies as Shutdown Threat Looms.

Republicans plan to pursue appropriations bills with less spending than the top-line numbers they agreed to in a deal with the White House last month, drawing immediate pushback from Democrats who say an attempt to circumvent the debt ceiling agreement's top-line numbers effectively guarantees a standoff with the Senate and White House and possibly even a damaging government stoppage when funding expires this fall. The emerging dynamic raises the potential for another round of economy-rattling brinkmanship in Washington just months after lawmakers narrowly avoided a damaging federal default.

via Yahoo Finance|

#budget-battle #democrats #government-shutdown