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Miss. proposal to merge black schools draws fire

Gov. Haley Barbour's plan to merge Mississippi's three historically black universities has created a tense atmosphere in a state saddled with a violent civil rights past and a decades-long legal battle over the historic underfunding of those schools. Complete Story...

Ariz. lawmakers may have December special session

Arizona legislators are still struggling to conclude their special session on the state's budget troubles but already are working on ideas for another one that could be held in December to do more to close the $2 billion shortfall.

Maine governor orders $63M in department cutbacks

Gov. John Baldacci ordered Maine state departments Friday to curtail spending by $63 million to make sure the budget is balanced.

Nebraska governor signs budget-cutting package

Nebraska Gov. Dave Heineman signed into law $334 million in budget reductions on Friday, after lawmakers overwhelmingly approved the cuts during an emergency session in which there was little disagreement over how to close the largest budget gap in recent memory.

Moody's: Inaction on deficit could hurt NY rating

New York's stable credit rating could be hurt if the Legislature fails to heed Gov. David Paterson's calls to cut spending and eliminate a $3.2 billion deficit, Moody's Investors Service said Friday.

Mass. finance chief criticizes 'risky' budget move

The top budget official in Massachusetts says the Legislature has taken a "risky" approach by adjourning for the remainder of the year without closing a projected $125 million state budget deficit.

Dem slams Ariz. gov's absence as session falters

A Democratic legislative leader criticized Republican Gov. Jan Brewer for being out of state while efforts to close out a special legislative session focused on Arizona's budget crisis faltered.

New York lawmakers head home, no deal on deficit

New York lawmakers headed home Thursday without agreement on how to address the state's fiscal crisis.

Montana gov: Budget concern behind 4 job cuts

Four economic development jobs will be eliminated by the end of the year in a move to save $380,000 amid bleak state finances, Montana Gov. Brian Schweitzer's administration announced.

TennCare may have to cut enrollee benefits

TennCare officials say they will be forced to cut some enrollee benefits if Gov. Phil Bredesen asks them to make a 9 percent reduction in spending.

Idaho schools face cuts, agencies face elimination

Two months before the 2010 Idaho Legislature convenes, the session's bitter tenor is set: Public education funding is due to be slashed again and state agencies now scraping to get by could be eliminated to help cover a remaining $52 million budget shortfall.

NC state budget has $600M-plus for any shortfall

North Carolina state government has at least $620 million at its disposal so far to close any budget hole this fiscal year.

Some of Neb. lawmakers' funds shielded from cuts

As Nebraska lawmakers slash government-agency budgets, which could reduce services and lead to layoffs this year and next, they may be sparing their own arm of government similar consequences.

Conn. lawmakers warned of bigger deficit in 2012

Connecticut lawmakers learned that the state's budget woes may get much worse in 2012, possibly growing to $3.4 billion from the current $385 million.

Maryland board approves more budget cuts

A state panel has approved more than $361 million in spending reductions and reversions recommended by Gov. Martin O'Malley's administration to help meet Maryland's budget shortfall.

California faces $20B deficits for years to come

Despite multiple attempts to balance California's budget, the state can still expect to confront shortfalls approaching $20 billion during each of the next five years, according to a long-range forecast released Wednesday.

Kan. gov.: Lawsuit threat not being considered

Kansas' governor said Tuesday that the threat of a lawsuit over education funding won't influence the spending cuts he'll make to keep the current state budget in balance.

Senate approves budget for veterans programs

The Senate on Tuesday adopted the latest in a continuing series of major budget increases to provide medical care for veterans.

Arizona Senate disarray extends special session

The Arizona Legislature on Thursday unexpectedly extended its special session into a second week after the Senate narrowly rejected a bill to cut funding for schools and social services when majority Republicans came up one vote short.

Christie committee: NJ finances worse than thought

New Jersey's governor-elect said Monday he'll be taking office of a state with an even worse financial crisis than previously believed, and he wants the current governor to tighten the state's purse strings in the meantime.

Ky. budget chairman rules out tax hike next year

Tax increases won't be an option for shoring up Kentucky's shrinking budget, a leading lawmaker said Monday.

Hawaii to lay off 650 state workers by year's end

Hawaii's budget woes will lead to the layoff of almost 650 state workers by the end of the year.

Minn. officials might borrow to pay state bills

Minnesota Gov. Tim Pawlenty's budget advisers informed legislators Thursday that the state might have to borrow money next year to cover its bills.

Budget cuts to affect vulnerable Oklahomans

The director of the state Department of Human Services warned lawmakers Thursday that additional budget cuts will force his agency to scale back more services to vulnerable Oklahomans like a nutrition program for frail and isolated senior citizens that has already been cut by more than $7 million.

Federal deficit sets October record of $176.4B

The federal deficit hit a record for October as the new budget year began where the old one ended: with the government awash in red ink.

The Vine
California lawmakers, officials face 18% pay cut
Source: The L.A. Times

California's Legislature went to state Atty. Gen. Jerry Brown recently seeking relief from a future pay cut and on Thursday received an unwelcome surprise: An 18% reduction for lawmakers and other elected state officials can begin next month instead of a year from now.

Congress at work

The photo did not come through..maybe someone can tell me how to do that..but the point is valid PHOTO OF OUR CONGRESS AT WORK Should we buy them larger screen computers - or - a ticket home, permanently?

Back to School: Meal Planning
Source: Momentum Resources

It's an older article, but I got hooked because it's close to what I talked about in my last article (about meal planning and using leftovers to save money):

California Faces $21B Budget Deficit
Source: KCRA.com

SACRAMENTO, Calif. -- California will face a nearly $21 billion budget gap over the next year and a half, extending a fiscal crisis that already has led to steep cuts to public schools, social services and health programs.

Obama Calls Stimulus s 'Side Issue,' Says Focus Is on Job Growth
Source: FOXNews.com

President Obama brushed off criticism over his administration's inaccurate reporting on job creation Wednesday, telling Fox News the accounting is an "inexact science" and that any errors are a "side issue" when compared with the goal of turning the economy around.

Improper US Government Payments Hit $98 Billion
Source: CNBC Top News and Analysis

Improper payments by the U.S. government to people, firms and contractors rose sharply to $98 billion in fiscal 2009 and President Barack Obama plans new rules to clamp down, the White House said Tuesday.

National Debt Now Tops $12 Trillion
Source: CBS News

It's another record-high for the U.S. National Debt which today topped the $12-trillion mark. Divided evenly among the U.S. population, it amounts to $38,974.34 for every man, woman and child.

TARP Watchdog To Deliver Harsh Testimony On Treasury's Lack Of Transparency
Source: The Huffington Post

Not all of Barofsky's testimony will be critical. He will note that while most banks claimed to not tracking "TARP fund usage on a dollar-for-dollar basis," many were able to "provide insights into their actual or planned future use of TARP funds."

A Partisan History of the National Debt
Source: Crooks and Liars

A great write-up with plenty of references.

Where Are the Real Deficit Hawks?
Source: Truthdig

According to the nonpartisan Congressional Budget Office, the first bill's spending provisions cost $100 billion annually and its tax and budget-cutting provisions recoup $111 billion annually, thus reducing total federal expenditures by $11 billion each year.

States Draw Up Plans for Year of Even Bigger Budget Cuts
Source: Wall Street Journal

After months of spending cuts and layoffs, states are drawing up plans for tax increases and an even larger round of service reductions next year as budget shortfalls continue to widen.

Paterson Paints Grim Picture of N.Y. Budget Crisis
Source: The New York Times

New York Gov. David A. Paterson took the rare step Monday afternoon of addressing a joint session of the Legislature during its traditional off-season and used the speech to underscore the increasing grimness of New York's financial outlook. Mr.

Oregon Officials Lying About Cost of Environmental Measures
Source: Washington Examiner

Portland has become the laboratory for every new and allegedly forward-thinking urban planning and environmental measure that social scientists can dream up. The problem is that the state's new-found love of progressive policies often comes with a hefty price tag.

F-35 Joint Strike Fighter To Cost Billions More
Source:

A preliminary Pentagon cost estimate that the F-35 could cost as much as $17.1 billion more than currently planned is prompting calls from congressional sources for the program to be reassessed and restructured.

Ravitch Says States Face Total Deficits of $500 Billion in 2011 - Bloomberg.com: News
Source: Bloomberg.com

More on the story of continuing and rising state budget gaps. New York Lieutenant Governor Richard Ravitch predicted states across the U.S. would face deficits totaling as much as $500 billion in 2011 after the federal government stops paying them economic stimulus grants.

Oklahoma Agencies Urged To Prepare For Cuts
Source: KOCO.com - Local News

OKLAHOMA CITY -- Citing a continuing slump in state revenue collections and uncertain months ahead, Gov.

The Baucus Plan's Phony Deficit Reduction
Source: American.com

An Internet search on the words "Baucus" and "$81 billion"—the amount by which his plan purportedly reduces the budget deficit over ten years—produces thousands of hits.

Projects in California
Source: Stimulus Watch

Below are the "shovel-ready" projects the mayors of this state submitted in the 2008 U.S. Conference of Mayors report. You can click on a project to read (and add to) its description. You can also discuss the project and vote on whether you believe it is critical or not.

Health Care Public Option

Congress will pass a comprehensive health care reform bill this year but details are still being debated with several ideas and opposing options being considered.The main issues are who will be covered, what will the bill cost and will there be a public option.

Mars can wait; NASA should try landing on asteroids first
Source: Ars Technica

Mars can wait; NASA should try landing on asteroids first

Dinner on a Budget

The economy isn't great and food prices are souring. So, how do YOU manage to feed your family (or yourself) on a budget? There are the old stand-bys like ground beef and spaghetti, but wouldn't it be nice to have some interesting meal without breaking the bank?

Easy To Understand Tripling Of American Public Debt In 10 Years
Source:

"Obama's budget, your debt. President Obama's budget will nearly double the amount of publicly held debt by 2019. Publicly national debt, adjusted for inflation. Obama's budget: 2009 $7.9 trillion, 2010 $9.4 trillion, and 2019 $14.2 trillion.

Medicaid, S-CHIP expansion plan could hurt states' budgets
Source: USA Today

The government programs that provide health care to the poor would expand to cover nearly one in five Americans under health insurance legislation pending in Congress, putting pressure on federal and state budgets.

Former CBO Chief Calls Obama Administration Fiscal Policies Laughable
Source: CNSNews.com

A former Republican congressional budget chief called the Obama administration's claims to fiscal responsibility "hypocritical" and "laughable," noting in particular the mounting unemployment numbers (9.8 percent nationwide) despite the $787-billion stimulus plan enacte …

Nations largest states all under Democrat control are ALL FAILING!!!
Source: Inside Bay Area Most Viewed

THE NATION'S two megastates are poised to embark on constitutional experiments of a scale not seen since Philadelphia in 1787.

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