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

Senate poised to pass $700 bn defence policy bill to expand missile system

Donald Trump's budget request sought $603 billion for basic functions and $65 billion for overseas missions.....»»

Category: topSource: business-standard22 hr. 35 min. ago

Exclusive: AT&T weighs divestiture of Latin American TV assets - sources

(Reuters) - AT&T is evaluating a sale of its pay TV operations in Latin America as it seeks to pay down debt following its planned $85.4 billion acquisition of Time Warner Inc , people familiar with the matter said on Friday......»»

Category: topSource: reutersSep 15th, 2017

Stocks lure in cash but investors eyeing signs of correction: BAML

LONDON (Reuters) - Riskier assets were in vogue this week as investors poured $8.9 billion into equities, but strategists at Bank of America Merrill Lynch said flows data indicated positioning remained shy of peak levels......»»

Category: topSource: reutersSep 15th, 2017

U.S. runs budget deficit of $108 billion in August: Treasury

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchSep 13th, 2017

Secrets of America"s fastest-growing industry

North American marijuana sales topped $6.7 billion in 2016 and legal cannabis is now the fastest-growing industry in the US. We take a look at the burgeoning legal weed industry and the major players cashing in on America's Green Rush......»»

Category: topSource: moneycentralSep 11th, 2017

French Government Budget Adds EUR 83.84 Billion In January-July 2017 To The Economy

French Government Budget Adds EUR 83.84 Billion In January-July 2017 To The Economy.....»»

Category: topSource: seekingalphaSep 8th, 2017

Global LTE Connections Grow 59% over 12 Months to 2.37 Billion

Global LTE Connections Grow 59% over 12 Months to 2.37 Billion Global LTE Connections Grow 59% over 12 Months to 2.37 Billion LTE Subscriptions Up to 327 Million in North America and 159 Million in Latin America & the Caribbean .....»»

Category: earningsSource: benzingaSep 8th, 2017

Amazon Set To Build A Second HQ And Cities Say "Pick Me!"

The announcement set off a hot municipal contest — and one big thought experiment. Mayors across North America said their cities would be the perfect home for 50,000 jobs and a $5 billion investment......»»

Category: topSource: nprSep 7th, 2017

Amazon to build $5 bln HQ

Amazon is looking for a location to build its second headquarters in North America that would cost more than $5 billion and house up to 50,000 staff. Fred Katayama reports......»»

Category: videoSource: reutersSep 7th, 2017

Amazon opens bidding to cities for $5 billion "HQ2", a second headquarters

(Reuters) - Inc said on Thursday it would build a $5 billion second headquarters in North America, kicking off a competition between cities and states to offer tax cuts and incentives that could bring 50,000 new jobs......»»

Category: topSource: reutersSep 7th, 2017

Governments need to rethink their attitudes to debt

GOVERNMENTS do not always make the best budget managers. Assuming it avoids an accidental debt default, America .....»»

Category: topSource: stockchartsSep 7th, 2017