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Gov. Gavin Newsom proposes painful cuts to close California’s growing budget deficit
KLAS Las Vegas· 7 days agoSACRAMENTO, Calif. (AP) — California’s budget deficit is at least $45 billion, a shortfall so large...
How California’s bursting budget morphed into a $45 billion deficit in just two years
The Lake County Record-Bee· 6 hours agoThe much-revised 2024-25 state budget that Gov. Gavin Newsom released last week contains hundreds of...
Jamie Dimon urges the U.S. to deal with its deficit sooner rather than later
CNBC· 2 days agoJPMorgan Chase CEO Jamie Dimon on Wednesday urged the U.S. to reduce its fiscal deficit sooner...
SLO County faces $15.6 million budget deficit. Here’s how it plans to close the gap
San Luis Obispo Tribune via Yahoo Finance· 2 days agoSo the county is looking at a variety of measures it can take to close the gap. The deficit resulted...
Interest costs on the national debt just surpassed spending on defense, Medicare
FOX Business· 4 hours agoIn fact, interest costs have topped spending on veterans, education and transportation combined....
Newsom would slash 10,000 vacant state jobs to help close $27.6 billion deficit
San Mateo Daily Journal· 7 days agoCalifornia has a budget deficit of $27.6 billion, Gov. Gavin Newsom announced Friday — a gap so wide...
Roswell Park posts first deficit in 3 years, but cancer center continues to expand
The Buffalo News· 1 day agoRoswell Park Comprehensive Cancer Center posted its first deficit in three years in its recently...
Ysleta ISD projecting almost $14M budget deficit for next school year
KTSM via Yahoo Finance· 2 days agoEL PASO, Texas (KTSM) – The Ysleta Independent School District is projecting an almost $14 million ...
Trump and Biden are competing to quarterback the Super Bowl of tax policy
Semafor via Yahoo Finance· 1 day agoThat battle will have major consequences for business, climate, the deficit, and much more. “This is...
The Fed Fears a Bond Meltdown
Ludwig von Mises Institute· 6 days agoFurthermore, US government deficit spending has more than offset the decline in the Federal Reserve balance sheet. While the Fed’s balance sheet has shrunk ...