Latest Government budgets News
Gov. Gavin Newsom proposes painful cuts to close California's growing budget deficit
SACRAMENTO, Calif. (AP) — California's budget deficit is at least $45 billion, a shortfall so large it prompted Gov. Gavin Newsom on Friday to propose painful spending cuts impacting immigrants, kindergarteners and low-income parents seeking child care in a state often lauded for having the...
California has a multibillion-dollar budget deficit. Here's what you need to know
SACRAMENTO, Calif. (AP) — California has a huge budget problem that could force thorny decisions from Democratic leaders who enjoyed a more than $100 billion surplus just three years ago. This is the second year in a row the nation’s most populous state is facing a...
Despite revenue downgrade, North Carolina anticipates nearly $1B more in cash
RALEIGH, N.C. (AP) — North Carolina officials downgraded a projected state revenue surplus through mid-2025 by $430 million on Friday, citing lower than anticipated April 15 individual income tax payments due to recent business tax changes. Still, the state expects nearly $1 billion more to enter...
Missouri lawmakers pass budget boosting funding for education and infrastructure
JEFFERSON CITY, Mo. (AP) — Missouri lawmakers gave final approval Friday to a roughly $51 billion state budget that boosts funding for education and infrastructure projects around the state. The spending plan for the fiscal year starting July 1 now goes to Republican Gov. Mike...
Maine governor's vetoes sustained while lawmakers address late spending proposals
AUGUSTA, Maine (AP) — Maine lawmakers sustained vetoes of bills to institute a minimum wage for farm workers and to ban so-called bump stocks that allow a gun to mimic a machine gun on Friday as they attempted to dispatch unfinished business including 80 late spending proposals. ...
Virginia budget leaders reach compromise with governor on state spending plan
RICHMOND, Va. (AP) — Virginia budget negotiators and Gov. Glenn Youngkin have reached a compromise on the next two-year state spending plan that would include 3% raises for state employees and teachers while not raising taxes and risking a potential veto by Youngkin. House...
Arkansas lawmakers adjourn session, leaving budget for state hunting, fishing programs in limbo
LITTLE ROCK, Ark. (AP) — Arkansas lawmakers adjourned this year's session without approving a budget for the Game and Fish Commission on Thursday, putting the state's hunting and fishing programs in limbo if the Legislature doesn't return for a special session by July. The House...
Rules fights and insults slow down South Carolina House on next-to-last day
COLUMBIA, S.C. (AP) — The South Carolina House ground to a halt at times Wednesday on its next-to-the-last day as members fought over rules and traded thinly veiled insults. Republican Rep. Micah Caskey put on a tin foil hat while at the well to take a swipe at the Freedom Caucus,...
Connecticut lawmakers debate spending remaining COVID-19 funds, forgoing changes to state budget
HARTFORD, Conn. (AP) — Facing a Dec. 31 deadline, Connecticut lawmakers were on track Tuesday to approve a Democratic plan to spend at least $360 million in remaining federal COVID-19 pandemic funds on key areas, including higher education, not-for-profit social service agencies, municipal aid...
Pennsylvania Senate approves GOP's $3B tax-cutting plan, over objections of top Democrats
HARRISBURG, Pa. (AP) — Republican lawmakers on Tuesday advanced legislation for a $3 billion tax cut, their just-unveiled counterproposal to Democratic Gov. Josh Shapiro 's budget plan as each side offers a competing vision for how to use a massive cash surplus sitting in the state treasury. ...
