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America has an $800 billion hole in its budget

Getty Images / Spencer PlattThe cost of health care runs well over $1.1 trillion. Social Security is almost $1 trillion. Defense spending is $620 billion. Entitlement programs for our nation’s seniors and low-income individuals and fami.....»»

Category: topSource: businessinsiderMar 20th, 2017

Severance tax included as state budget compromise heads for vote

A severance tax is included in Pennsylvania's budget compromise bill, the Associated Press reported last night. The Republican-controlled state senate agreed to close a $2 billion hole in the budget by implementing a new tax on natural gas productio.....»»

Category: topSource: bizjournalsJul 27th, 2017

Connecticut, Nation"s Wealthiest State, May be Tapped Out on Taxing the Rich

Connecticut, with the highest per capita income in the country, is staring down a projected $5.1 billion two-year budget hole and looking for options other than raising taxes on its wealthy residents......»»

Category: smallbizSource: wsjMay 19th, 2017

Kansas budget: Good news is gap closes; bad news is it’s still huge

Kansas officials anticipate an uptick in revenue in the next two years that could shave about $100 million off a $1 billion budget hole. The Lawrence Journal-World reports that forecasts call for revenue bumps of $43 million and $62 million in th.....»»

Category: topSource: bizjournalsApr 21st, 2017

Immigration cannot plug the hole in America’s budget

ON APRIL 12th almost 1,500 economists of varied political hues wrote to Donald Trump, urging him to consider the advantages of immigration. The benefits to America “far outweigh” the costs, they explained. Not only .....»»

Category: useconomySource: economistApr 20th, 2017

Trump wants to slash $4.7 billion from the Agriculture Department — and rural America could suffer the most

Reuters President Donald Trump has proposed halting funding for rural clean water initiatives and reducing county-level staff, for a 21% drop in discretionary spending at the Department of Agriculture (USDA), according to a White House budget docume.....»»

Category: topSource: businessinsiderMar 16th, 2017

Obamacare repeal would cost New York $3.7 billion

An Affordable Care Act repeal would result in 2.7 million New Yorkers losing health care coverage and would punch a $3.7 billion hole in the state budget, according to figures released Wednesday by... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJan 4th, 2017

Brexit to spark UK slowdown, blow hole in public purse

Brexit will spark an economic slowdown and ravage public finances, forcing a multi-billion-pound spike in state borrowing over the next five years, a gloomy mini-budget revealed Wednesday. Britain is predicted to borrow an extra £122 billion ($152 billio.....»»

Category: topSource: yahooNov 23rd, 2016

Brexit blows $31B hole in British budget

The U.K. government is facing a £25 billion hole in its finances because growth will slow as a result of Brexit, the Institute for Fiscal Studies said......»»

Category: europeSource: cnnNov 8th, 2016

Brexit blows $31 billion hole in British budget

The U.K. government is facing a £25 billion ($31 billion) hole in its finances because of Brexit, the Institute for Fiscal Studies said Tuesday......»»

Category: topSource: cnnNov 8th, 2016

Atlanta"s LGBTQ consumers expect genuine messages

According to the strategic marketing and consulting firm Witeck Communications, the buying power of LGBTQ people in America is more than $971 billion......»»

Category: topSource: bizjournals35 min. ago

Here"s another troubling signal for the stock market

Funds that track junk bonds saw $6.8 billion of outflows over the past week, third highest on record, according to Bank of America Merrill Lynch......»»

Category: topSource: moneycentral19 hr. 34 min. ago

Here"s another troubling signal for the stock market

Funds that track junk bonds saw $6.8 billion of outflows over the past week, third highest on record, according to Bank of America Merrill Lynch......»»

Category: topSource: moneycentral19 hr. 34 min. ago

Flipkart Billion Capture+: A promising upstart among budget phones

With its great battery life, smooth performance and immaculate camera, the Billion Capture+ challenges the dominance of the Xiaomi Redmi Note 4 and Redmi Y1 in budget smartphone segment.....»»

Category: topSource: business-standard20 hr. 5 min. ago

Investors yank $6.8 bln from high yield bonds, 3rd largest outflows-BAML

LONDON, Nov 17 (Reuters) - Investors pulled $6.8 billion from high yield bond funds over the past week, their third largest outflows on record, Bank of America Merrill Lynch (BAML) said on Friday, as the sell off in junk debt accelerated......»»

Category: topSource: foxnewsNov 17th, 2017

These are the most valuable fintech companies in America

Fintech companies in the U.S. have raised $3.5 billion in the first half of 2017 according to KPMG, and 13 fintech companies in the U.S. have valuations of more than $1 billion......»»

Category: topSource: marketwatchNov 15th, 2017

Record Airbus order as Franke ups bet on budget airlines

DUBAI (Reuters) - Airbus hailed its biggest ever airliner deal on Wednesday with an umbrella agreement to sell 430 planes worth up to $50 billion to U.S. budget airlines investor Bill Franke......»»

Category: topSource: reutersNov 15th, 2017

Biggest deal yet for Airbus as Franke ups bet on budget airlines

DUBAI (Reuters) - Airbus landed its biggest ever airliner deal on Wednesday with an agreement to sell 430 planes worth up to $50 billion to U.S. budget airlines investor Bill Franke......»»

Category: topSource: reutersNov 15th, 2017

Hillsborough, Pinellas left out of Scott"s 2018 transportation improvement spending

Hillsborough and Pinellas counties are left out of Florida Gov. Rick Scott’s transportation improvement budget as part of his 2018-19 proposed budget. Of the $10.8 billion in recommended expenditures, none goes to either of the Tampa Bay region.....»»

Category: topSource: bizjournalsNov 15th, 2017

Flipkart Billion Capture+ review: A budget smartphone with mid-tier specs

With its great battery life, smooth performance and immaculate camera, the Billion Capture+ challenges the dominance of the Xiaomi Redmi Note 4 and Redmi Y1 in budget smartphone segment.....»»

Category: topSource: business-standardNov 15th, 2017

Albuquerque Builds a Startup Ecosystem Based on Inclusion (and $6 Billion of Uncommercialized Research)

New Mexico's largest city is building one of America's most unique innovation districts......»»

Category: topSource: incNov 14th, 2017