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How California’s bursting budget morphed into a $45 billion deficit in just two years
The Lake County Record-Bee· 1 hour agoThe much-revised 2024-25 state budget that Gov. Gavin Newsom released last week contains hundreds of...
Higher tax rates led to a golden age of American greatness -- Mark Quinn
Wisconsin State Journal· 5 hours agoFor those Americans who believe they are paying too much in federal taxes, consider this: Many of...
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...
Cornwall-Lebanon board discusses preliminary budget with 5.9% tax increase
Lancaster Online· 6 hours agoWhat happened: The board discussed finalizing the 2024-25 proposed final budget, which includes a 5.9% tax increase. The new millage rate is 18.3859 mills. Act 1: The 2024 ...
Trump and Biden are competing to quarterback the Super Bowl of tax policy
Semafor via Yahoo Finance· 1 day agoWith large chunks of the 2017 Tax Cuts and Jobs Act set to expire at the end of next year, along...
Newsom plans to slash 10,000 vacant state jobs to help close $27.6 billion deficit
AOL· 7 days agoCalifornia has a budget deficit of $27.6 billion, Gov. Gavin Newsom announced Friday — a gap so wide that he’s proposing cutting 10,000 vacant state jobs and suspending some ...
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...
Biden Tax Plan’s Twin Challenges: Keeping His $400,000 Pledge and Paying for It
The Wall Street Journal· 7 days agoBrainard cited all of those Friday. But the budget dedicates that revenue to other priorities. Using...
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...
2025 debate starts getting warm
Politico· 4 days agoYou can also reach us on X, formerly Twitter, at @berniebecker3, @Brian_Faler, @ben_guggenheim, @tobyeckert, @POLITICOPro and @Morning_Tax. THE DEFICIT ...