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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

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

The White House has a wish list of $18 billion in social-program cuts

AP Photo/Andrew Harnik WASHINGTON — The White House is following up its long-shot roster of budget cuts with a wish list of $18 billion worth of immediate reductions, including cuts to.....»»

Category: topSource: businessinsider2 hr. 47 min. ago

Colorado budget bill introduced along with funding measure for rural hospitals, roads

Colorado state legislators late Monday introduced a $26.8 billion budget bill that would reduce funding for hospitals throughout the state by more than half a billion dollars next year -- and a separate proposal that would restore that funding by making t.....»»

Category: topSource: bizjournals2 hr. 47 min. ago

SURVEY: Here"s where America wants Trump to focus his efforts

As President Trump and Congress begin to hash out the details on his proposed budget, let’s take a closer look at what the American public actually wants to see from the 45th President of the United States. Le.....»»

Category: topSource: businessinsider14 hr. 32 min. ago

Billions of state housing dollars could be unfrozen in new budget

After a year of watching Gov. Andrew Cuomo and state legislators sit on $2 billion worth of housing funds, advocates and developers are hopeful that the budget expected to be approved this month will... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkMar 24th, 2017

New GOP bill costs more, but doesn"t cover more

The Congressional Budget Office says the revised Republican health care bill would only reduce the deficit by $150 billion, instead of $337 billion. But there would still be 24 million fewer people insured by 2026......»»

Category: topSource: cnnMar 23rd, 2017

Revised GOP bill costs more, but doesn"t cover more

The Congressional Budget Office says the revised Republican health care bill would only reduce the deficit by $150 billion, instead of $337 billion. But there would still be 24 million fewer people insured by 2026......»»

Category: topSource: cnnMar 23rd, 2017

CBO analysis of amended Republican health bill shows less deficit reduction

A Congressional Budget Office analysis of an amended Republican health-care bill found it would reduce deficits by less than an earlier analysis. The new CBO report said the bill would cut deficits by $150 billion over 10 years, compared to a prior est.....»»

Category: topSource: marketwatchMar 23rd, 2017

Alaska Airlines to drop Virgin America brand in 2019

The Virgin America brand will be dropped in 2019, Alaska Airlines announced Wednesday, three months after completing a $2.6-billion acquisition of the low-cost airline. Alaska Airlines had previously explored the idea of maintaining both brands. "Whil.....»»

Category: topSource: marketwatchMar 22nd, 2017

Trump"s proposed budget cuts to this HUD program will impact more than a quarter million Arizonans

President Donald Trump is proposing $54 billion in budget cuts, and while more than 60 agencies would be affected, there is one portion that would have a dire consequence for more than a quarter million Arizonans. The Community Service Block Grant.....»»

Category: topSource: bizjournalsMar 22nd, 2017

Newsweek"s Foreign Service Podcast: Donald Trump"s Budget and America in Retreat

The president's budget proposals would see spending on aid and 'soft power' slashed in favor of defense......»»

Category: topSource: newsweekMar 22nd, 2017

UK Budget Deficit Best Since February 2007

Britain’s public finances are on a roll but officials don’t expect the good news to last. The budget deficit last month was 1.8 billion pounds ($2.2 billion), the best performance for any February since 2007, the Office for Natio.....»»

Category: topSource: marketpulseMar 21st, 2017

Neil deGrasse Tyson warns Trump"s proposed budget would make America "weak, sick, and stupid"

Neil deGrasse Tyson warns Trump"s proposed budget would make America "weak, sick, and stupid".....»»

Category: topSource: businessinsiderMar 20th, 2017

DAVID MILIBAND: Now is the "worst possible time" for the US to cut foreign aid

President Donald Trump has released his "America First" budget proposal that revealed heavy cuts to foreign aid. David Miliband, the CEO of International Rescue Committee, explains w.....»»

Category: topSource: businessinsiderMar 20th, 2017

OHSU: Trump budget cuts would "devastate" scientific research

Oregon Health & Science University is sounding alarm bells about the Trump administration’s budget proposal, saying it would “devastate the scientific community.” The 2018 Budget Blueprint calls for a nearly $6 billion cut to the National Inst.....»»

Category: topSource: bizjournalsMar 20th, 2017

Top 5 Gainers from Trump"s "America First" Budget Blueprint

The budget plan, released last week, will cut funding from most federal agencies to bolster the Department of Defense, Homeland Securit.....»»

Category: topSource: zacksMar 20th, 2017