#budget-deficit

#budget-deficit

The CBO warns that imposing tariffs could raise inflation and disproportionately affect poorer households, despite potential long-term budget benefits.

Trump and Republicans are likely to extend individual tax cuts that primarily benefit wealthy households, increasing national debt.

The Oakland Unified School District delays school closure votes amid public outcry and a looming budget deficit.

Community members express strong opposition to proposed school mergers.

Oakland Unified faces a $95 million budget deficit, prompting potential school closures and restructuring to create a sustainable financial model.

The Oakland Unified School District must address its $95 million deficit, likely requiring the closure of schools to rectify budget issues.

New Mayor Daniel Lurie is a political newcomer who utilized personal wealth to fund his successful campaign amidst a challenging political landscape.

Proposition L seeks to tax ride-hailing and autonomous vehicle companies to support San Francisco's transit services amid a significant budget deficit.

San Francisco's budget deficit has unexpectedly increased to $876 million due to various economic challenges and impending leadership transition.

The San Francisco Board of Supervisors approved a measure allowing veteran police officers to defer retirement for a pay bump up to $500,000 annually.

San Francisco's progressives are likely to lose majority control of the Board of Supervisors, complicating governance amid significant challenges.

The SFUSD has postponed the announcement of school closures or mergers to ensure a comprehensive review and community consultation.

Mayor Breed calls for a pause on SFUSD's school closure plan, criticizing Superintendent Wayne's management amidst a budget crisis.

Oakland Unified School District faces a dual crisis: a budget deficit and a costly lead contamination issue affecting school water sources.

East San Jose school district superintendent recommends closing seven schools and consolidating others due to budget deficits and declining enrollment.

The Oakland school district is considering merging schools to address a $78 million budget deficit, but parents oppose the plan.

California's bill to mandate kindergarten attendance was rejected, highlighting ongoing challenges in making early education compulsory despite recognized benefits.

OUSD faces enrollment decline, absenteeism, and budget deficit, potentially leading to school closures.

SFUSD faces a $400M budget deficit, prompting the need for potential school closures to avoid state takeover.

The Alum Rock Union School District board decided to close six schools and consolidate three due to a $20 million budget deficit.

Parents and students are actively advocating to prevent public school closures in San Jose due to district budget deficits and enrollment declines.

The Alum Rock Union School District is facing potential school closures due to a significant budget deficit and declining enrollment.

Superintendent Matt Wayne is likely to resign amid criticism of his leadership during a crisis in the San Francisco Unified School District.

Milpitas aims to extend a tax measure to support city services until 2037, addressing a growing budget deficit.

St. Louis has refunded nearly $36 million in earnings taxes to remote workers, surpassing budget expectations and indicating the financial impact of remote work during the pandemic.

Macron's government is shifting from tax cuts for the wealthy to potential tax increases in response to a budget deficit crisis.

Republicans aim to extend 2017 tax cuts to avoid significant tax increases and protect previous legislative achievements.

The U.S. federal budget deficit reached $1.8 trillion in 2024, indicating ongoing fiscal challenges despite economic growth.

The U.S. national debt is at unprecedented levels, raising concerns about sustainability and affordability.

The U.S. national debt has surpassed $36 trillion, driven by high spending on defense and social programs, exceeding revenue significantly.

Michel Barnier plans to reduce France's budget deficit to 5% of GDP by 2025, focusing on spending cuts and higher taxes.

Most Americans lack a clear understanding of the national debt despite its significance in public policy discussions.

Governor Newsom boasts about California's economy, but data shows high unemployment rates and slow recovery compared to other states.

California lawmakers accuse Newsom administration of inflating bill costs to block legislation.

Critics argue overestimated costs affect important health care bills.

Unprecedented accusations from Democratic lawmakers highlight internal tensions.

California lawmakers accuse Newsom administration of inflating legislation costs to block bills, impacting critical mental health initiatives.

California's budget deficit has dramatically decreased from $68 billion to $2 billion, reflecting recovery after significant financial instability over recent years.

California faces a $27.6 billion budget deficit, leading to proposals for budget cuts and suspensions to address the shortfall.

California Gov. Gavin Newsom facing backlash for cutting health benefits for certain low-income immigrants with disabilities amidst budget deficit.

California faces a $2-billion budget deficit forecast, impacted by external factors and potential federal policy changes.

California's AB 1840 aims to allow home loans for undocumented immigrants, opposing strong Republican sentiment amidst a growing budget deficit.

California's budget deficit was unexpectedly alleviated by a significant surge in corporate tax revenue, primarily from tech giants such as Nvidia.

California Gov. Newsom facing larger budget deficit than projected, challenges in revising budget by May 14 due to lower tax receipts.

California seeks more control over tax deadlines to manage budget deficits.

The ongoing budget deficit in local councils highlights the critical need for systemic funding reforms to avoid continuing debt.

Experienced leadership is crucial for Hayward as it faces financial challenges including a growing budget deficit and significant employee retirement debt.

Jack Balch leads the mayoral race in Pleasanton, while the proposed sales tax measure struggles to pass.

Residents are campaigning against Pleasanton's proposed half-cent sales tax to address expected budget shortfalls, advocating instead for alternative solutions.

Pleasanton is proposing a half-cent sales tax to address a budget deficit, with potential annual revenue of $10 million and $100 million by 2035 if approved.

Voters should evaluate property tax measures carefully based on cost, duration, and existing tax structures to ensure informed decisions about school funding.

Austin ISD aims to reduce its $60 million deficit by half for the next school year, working to minimize impact on classrooms amid statewide budget challenges.

Teachers in an East Side Union High School District are experiencing salary negotiations due to inadequate raises amidst a budget deficit.

Prop A seeks a tax rate increase to address a $119 million deficit in Austin ISD while raising concerns over fund distribution to the state.

Austin ISD is seeking voter approval for a tax rate increase to address a significant budget deficit and provide employee raises.

Oakland's reliance on the Coliseum sale to cover a $177 million deficit has raised significant concerns about potential fiscal disaster if the deal fails.

Chicago is freezing hiring and limiting travel to address over $1 billion budget shortfalls through next year.

Morgan Hill City Council approved significant fee increases for developers to address a budget deficit, acknowledging it imposes an undue burden on them.

Mayor Robert Sullivan may have known about a significant $18 million budget deficit earlier than he claimed, raising questions about accountability.

The Brockton school superintendent resigns after an $18 million budget deficit report highlights incompetence in financial practices.

The Brockton school budget crisis stemmed from structural failures and incompetence, not criminal activities.

Brockton High School's football coach hiring raises concerns over budget mismanagement and questionable practices linked to the former superintendent.