#budget-proposal

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from www.theguardian.com
3 weeks ago

Budget will end neglect of broken not beaten' NHS, say Labour ministers

The budget aims to revitalize the NHS with significant funding and reforms to address patient care and waiting times.

Toronto considering temporary increase to hotel tax to offset costs of hosting FIFA World Cup | CBC News

Toronto proposes a temporary increase to hotel tax to help fund FIFA World Cup 2026 costs, generating an estimated $56.6 million.

Investment focus drives Rachel Reeves' strategy to revitalise UK economy

The UK economy needs substantial investment to address stagnation and low growth, shifting away from prior fiscal strategies.
#california

Editorial: California's $10 billion Prop. 4 favors politics over sound policy

Proposition 4's lack of coherent priorities makes it a poor spending plan that should be rejected by voters.

California families could save thousands of dollars from proposed child tax break. Here's why

Biden's child tax credit plan could save California parents an average of $2,980.
ITEP estimates 8.1 million adults and 6.7 million children in California could benefit from the child tax credit.

Here are the winners and losers in California Gov. Gavin Newsom's May Revise budget

California Governor Gavin Newsom's budget proposal includes significant cuts in spending, impacting state workers and public health.

California's budget deficit is worse than anticipated - and much worse than Newsom projected

California Gov. Newsom's $291.5 billion budget proposal aims to address a $37.86 billion shortfall.
The nonpartisan Legislative Analyst's Office revised the projected budget deficit to $73 billion, $15 billion more than Newsom's estimate.

Editorial: California's $10 billion Prop. 4 favors politics over sound policy

Proposition 4's lack of coherent priorities makes it a poor spending plan that should be rejected by voters.

California families could save thousands of dollars from proposed child tax break. Here's why

Biden's child tax credit plan could save California parents an average of $2,980.
ITEP estimates 8.1 million adults and 6.7 million children in California could benefit from the child tax credit.

Here are the winners and losers in California Gov. Gavin Newsom's May Revise budget

California Governor Gavin Newsom's budget proposal includes significant cuts in spending, impacting state workers and public health.

California's budget deficit is worse than anticipated - and much worse than Newsom projected

California Gov. Newsom's $291.5 billion budget proposal aims to address a $37.86 billion shortfall.
The nonpartisan Legislative Analyst's Office revised the projected budget deficit to $73 billion, $15 billion more than Newsom's estimate.
morecalifornia
#transit-funding

As budget strains grow, Miami-Dade mayor pulls back on future transit funding

Miami-Dade's 2025 budget proposes halting transit savings contributions, diverting funds to fill budget gaps despite public demand for expanded mass transit.

More than 30 Organizations Ask the Governor to Lift Transit Funding Freeze - Streetsblog California

Governor Newsom to announce revised budget reflecting decreased tax revenue with potential negative impacts on transit funding.

As budget strains grow, Miami-Dade mayor pulls back on future transit funding

Miami-Dade's 2025 budget proposes halting transit savings contributions, diverting funds to fill budget gaps despite public demand for expanded mass transit.

More than 30 Organizations Ask the Governor to Lift Transit Funding Freeze - Streetsblog California

Governor Newsom to announce revised budget reflecting decreased tax revenue with potential negative impacts on transit funding.
moretransit-funding

Biden formally announces 2% average pay raise for feds in 2025

Biden's plan proposes a 2% pay increase for federal workers, significantly lower than previous years' raises amid economic challenges.

Council appears poised to pass law to override state tax levy limit - The Ithaca Voice

The Ithaca Common Council voted to override the tax levy limit to gain budget flexibility and address local concerns over rising living costs.

Opinion: Why would California rob from clean transportation to fund highway expansions?

California aims to reduce greenhouse gas emissions significantly by 2045, but current budget proposal may hinder climate goals.
#deficit-reduction

An Explicitly Redistributive Budget for an Election Year

The budget proposal includes tax increases on corporations and the wealthy.
The budget emphasizes framing the upcoming political contest as a choice between a Democrat fighting for the middle class and a Republican serving the plutocracy.

Biden's budget includes tax breaks for families, hikes for the wealthy

Biden released a budget proposal focusing on tax breaks, lower health costs, smaller deficits, and higher taxes on the wealthy. The proposal aims at potential future changes post-election if Democrats win.

Gavin Newsom releases $288 billion revised budget for California. How he tackled the big deficit

California Gov. Gavin Newsom reveals a $28 billion budget deficit, proposing cuts without new taxes.
The actual deficit could be higher at around $45 billion due to omissions in the calculation process.

An Explicitly Redistributive Budget for an Election Year

The budget proposal includes tax increases on corporations and the wealthy.
The budget emphasizes framing the upcoming political contest as a choice between a Democrat fighting for the middle class and a Republican serving the plutocracy.

Biden's budget includes tax breaks for families, hikes for the wealthy

Biden released a budget proposal focusing on tax breaks, lower health costs, smaller deficits, and higher taxes on the wealthy. The proposal aims at potential future changes post-election if Democrats win.

Gavin Newsom releases $288 billion revised budget for California. How he tackled the big deficit

California Gov. Gavin Newsom reveals a $28 billion budget deficit, proposing cuts without new taxes.
The actual deficit could be higher at around $45 billion due to omissions in the calculation process.
moredeficit-reduction
#mayor-eric-adams

NYC water bills will soar 8.5% under 'hidden' $1.4B tax buried in Adams budget

Mayor Eric Adams plans hidden tax, raising NYC homeowners' water bills by 8.5% despite no new taxes in budget.

Mayor Adams' 2025 spending scheme could've been worse - but also better

Mayor Eric Adams proposed a $111.6 billion budget for 2025, showing cautious financial management amidst potential upcoming spending challenges.

NYC water bills will soar 8.5% under 'hidden' $1.4B tax buried in Adams budget

Mayor Eric Adams plans hidden tax, raising NYC homeowners' water bills by 8.5% despite no new taxes in budget.

Mayor Adams' 2025 spending scheme could've been worse - but also better

Mayor Eric Adams proposed a $111.6 billion budget for 2025, showing cautious financial management amidst potential upcoming spending challenges.
moremayor-eric-adams
#migrant-crisis

Eric Adams unveils $111.6B NYC budget; restores $515M for schools, two NYPD classes

Mayor Adams unveiled a $111.6 billion executive budget for FY 2025 with increased school funding and more cops, but fell short on library funding.

Hochul to unveil $233B budget, included additional $1.9B for NYC's migrant crisis

Gov. Kathy Hochul is proposing allocating at least $1.9 billion over two years for New York City to handle the migrant crisis.
The funding would reimburse the city for migrant-related expenses, cover state-funded services, and go towards congregate shelters.

Eric Adams unveils $111.6B NYC budget; restores $515M for schools, two NYPD classes

Mayor Adams unveiled a $111.6 billion executive budget for FY 2025 with increased school funding and more cops, but fell short on library funding.

Hochul to unveil $233B budget, included additional $1.9B for NYC's migrant crisis

Gov. Kathy Hochul is proposing allocating at least $1.9 billion over two years for New York City to handle the migrant crisis.
The funding would reimburse the city for migrant-related expenses, cover state-funded services, and go towards congregate shelters.
moremigrant-crisis

NYC Council outlines budget response to fund library services, free 3K programs

The New York City Council proposed funding restoration for essential programs like 3K and mental health services.
The budget responds to Mayor Eric Adams' concerns by identifying additional tax revenue to support critical initiatives like libraries and Pre-K programs.

Biden's budget proposal boosts CISA's funding to $3b

Biden proposes $103 million extra for CISA
Budget focuses on cybersecurity enhancements and resources for federal agencies

Biden seeks $750 Pell Grant increase as shortfall looms

President Biden seeks $2.1B increase for Pell Grant, aiming to avoid eligibility cuts. Current projections show a $1.3B shortfall in fiscal year 2025, with an additional $2.1B needed to bridge the gap.
#tax-increases

Here's the latest on the president's priorities.

President Biden proposed a $7.3 trillion budget with tax increases on corporations and high earners.
The budget aims to combat high consumer costs, strengthen border security, and deliver aid to countries like Israel and Ukraine.

Biden's Budget Underscores Divide With Republicans and Trump

President Biden proposed a $7.3 trillion budget with tax increases and new spending on social programs.
The budget aims to portray Biden as a champion of government aid for various groups and fighting climate change.

Here's the latest on the president's priorities.

President Biden proposed a $7.3 trillion budget with tax increases on corporations and high earners.
The budget aims to combat high consumer costs, strengthen border security, and deliver aid to countries like Israel and Ukraine.

Biden's Budget Underscores Divide With Republicans and Trump

President Biden proposed a $7.3 trillion budget with tax increases and new spending on social programs.
The budget aims to portray Biden as a champion of government aid for various groups and fighting climate change.
moretax-increases

Hochul's budget isn't terrible - but will she stand up to lawmakers who will want to make it so?

Gov. Hochul's budget proposal for next year does not include any new taxes.
The budget aims to keep overall spending roughly flat and slow the growth of school aid.

New York governor wants to spend $2.4B on migrants in new budget proposal

New York Governor Kathy Hochul wants to spend $2.4 billion to care for migrants in New York City's homeless shelters.
The issue of how to deal with migrants has been a political challenge for Democrats and could impact upcoming elections.
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