budget

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Rat's Nest of Urban Politics Behind Philly's 'Big Stall'

Many demolitions, huge budget, no benefits

(Newser) - Lamenting the lack of progress in another urban redevelopment project, Karen Heller takes aim at the Pennsylvania Convention Center expansion in the Philadelphia Inquirer. The Center expansion has been in the works since 1993, spurring numerous building demolitions, but few new constructions: in short, North Broad Street, advertised as a...

McCain Vows to Balance the Budget
McCain Vows
to Balance
the Budget
Jul 7, 2008 1:44 PM CDT

McCain Vows to Balance the Budget

Social Security reform one scenario; Dems call plan unrealistic

(Newser) - John McCain will pledge to balance the budget by the end of his first term, Politico reports, promising spending and entitlement programs, including Social Security, in a policy paper released today. McCain is renewing a promise he’d backed off from in April—a vow likely to excite his fellow...

Some Calif. Workers Rake In 6-Figure OT

Paper reveals $1.1B in overtime pay as state debates shortfall

(Newser) - As California kicks off the fiscal year with a $17.2 billion deficit and no budget, the San Francisco Chronicle reports that state workers are raking in big overtime bucks—some as high as six figures. Including a nurse who collected $198,000 and an official who banked $403,000...

More Riders, Pricier Fuel Stress Out Transit Agencies

Diesel expenses eat up shrinking budgets even as commuters abandon cars

(Newser) - The same agencies that stand to benefit as commuters turn to public transit to escape high gas prices are finding themselves hamstrung by rising fuel costs, the Wall Street Journal reports. Ridership is up by as much as 35% for some bus lines, but the cost of diesel has doubled...

Mars Rovers Dodge NASA Cuts
 Mars Rovers Dodge NASA Cuts 
Mar 26, 2008 7:10 AM CDT

Mars Rovers Dodge NASA Cuts

Budget called for 1 to hibernate, 1 to go part-time

(Newser) - NASA has spared its far-flung Mars rovers from budget cuts, reports the Washington Post, after its administrator got wind of the plan to hibernate Spirit and roll Opportunity back to part time. "Closing down either of the rovers is not on the table," his spokesman said, and underlings...

I Used Cocaine: NY Governor
 I Used Cocaine: NY Governor 
Mar 25, 2008 4:37 AM CDT

I Used Cocaine: NY Governor

Spitzer's successor under fire again

(Newser) - One week after revealing he had extramarital affairs, New York Gov. David Paterson has also admitted using marijuana and cocaine. Patterson used drugs in the 70s when he was 23, he said in an interview on TV news channel New York 1. Paterson, the state's first black and first blind...

GOPer Drafts $1.4T Proposal to Tweak Obama

Budget measure would enact candidate's most expensive measures all at once

(Newser) - Some of Barack Obama’s boldest campaign-trail talking points are headed for a Senate vote—in the form of a budget amendment from a Republican. No, Wayne Allard isn't jumping GOP ship, but rather wrote the Obama-esque legislation to embarrass the Democratic candidate by pointing up his profligate ways, Martin...

Marines Demand Probe Into Armor Delay

Blast resistant vehicles 'could have cut deaths in half'

(Newser) - The US Marine Corps has asked the Department of Defense to investigate delays obtaining vehicles with blast-resistant armor for combat units in Iraq. An internal USMC memo claims the money needed for the vehicles, which could have cut deaths from roadside bombings by 50%, was diverted to other projects, reports...

Bush Wins War Budget Battle
Bush Wins War Budget Battle
Dec 19, 2007 3:39 AM CST

Bush Wins War Budget Battle

Senate approves $70 billion in war funds

(Newser) - The White House last night won a major victory in the Senate—securing $70 billion in funding for the wars in Iraq and Afghanistan, free of the restrictions linked to troop withdrawals Democrats had insisted on for weeks. In a budget deal that ended months of wrangling, the Senate passed...

Mammoth Spending Bill Passes House
Mammoth Spending Bill Passes House
Dec 18, 2007 4:37 AM CST

Mammoth Spending Bill Passes House

Bush pleased with spending levels, could veto over Iraq

(Newser) - After months of wrangling over details, the House has passed a huge $515.7 billion domestic spending bill, the Washington Post reports. Lawmakers finally managed to hammer out a compromise that makes just about nobody happy. Conservatives and interest groups of all sides blasted the bill, and even Democrats could...

Bush's Wins Now Could Be Trouble Later

Victories over Dems may hurt his own initiatives, raise debt

(Newser) - Christmas came early for President Bush, who’s scored a slew of recent victories over the Democratic Congress. But the wins could threaten both the federal debt and some of his own pet projects, the Washington Post speculates. Bush’s steadfast opposition to tax-increasing spending measures from Democrats could push...

US Economic Woes to Slow Tech Spending

Researchers say the sector will continue to grow, but belts will be tightening

(Newser) - Tech-spending growth, on a roll since recovering from the 2000 dot-com bust beginning in 2004, is likely to slow next year, dragged down by US economic woes and rising oil prices, reports the Wall Street Journal. Research firms say companies are likely to keep spending, but more slowly. As one...

Sarko's First Budget Offers No Big Shakeups

Eschewing austerity, France set to run another huge deficit

(Newser) - Nicolas Sarkozy presented his first budget to the French national assembly yesterday, but tax cuts have largely replaced the overhaul of the public sector he promised during his election campaign. Super-Sarko's plans to shake up the French economy have run aground, the Guardian reports: huge public debt, ballooning social security...

Next AG Will Inherit Justice Budget Crunch

Pirority on terror has left few resources for other prosecutions

(Newser) - Alberto Gonzales' successor at Justice will find a department seriously weakened by budget cuts that have reduced prosecutions in all types of crimes, the Wall Street Journal reports. As funds have been redirected to fighting terrorism, positions in US attorneys offices remain unfilled, and investigations have languished for months. 

Europe Beckons; Penny-Pinchers Can Respond

Diving dollar be damned—here are 10 tips for wise budgeting

(Newser) - The euro and the pound are kicking the dollar's butt, but that doesn't mean you need to cancel your vacation plans. The Times gives you 10 tips for traveling on a shoestring:
  1. Find cheap flights abroad
  2. Find a budget hotel or rent a villa
  3. Within Europe, try the budget airlines
...

A Fool and His Money ... You Know
A Fool and
His Money
... You Know
Aug 8, 2007 6:22 PM CDT

A Fool and His Money ... You Know

Everyone has 10 ways to get rich—here are 10 tips for staying broke

(Newser) - Too much money? Here's some much-needed advice from the Consumerist:
  1. Make shopping your hobby.
  2. Don't budget.
  3. Buy your friends gifts you can't afford
  4. Grocery shop hungry, don't bring a list, and buy everything you sample.
  5. Use the ATM at the gas station.

Affordable Southern Suburbs
Affordable Southern Suburbs
Jul 29, 2007 10:18 AM CDT

Affordable Southern Suburbs

If you want it all on a budget, these towns may be right for you

(Newser) - BusinessWeek lists the 25 most affordable suburbs in the South, determined not only by housing prices but also cost of living, violent crime rate, and school test scores. The first 10, in alphabetical order:
  1. Abilene, Texas
  2. Broken Arrow, Okla.
  3. Cary, NC
  4. Charlottesville, Va.
  5. Farragut, Va.

California Ranked Worst for Traffic
California Ranked Worst for Traffic
Jun 29, 2007 3:03 PM CDT

California Ranked Worst for Traffic

New Jersey boasts poorest road system

(Newser) - California ranks No.1 in the US for interstate traffic jams, says a new study which focused on congestion around big cities. With traffic snarled on 83.3% of its urban roadways, the Golden State edged out runners-up Minnesota and New Jersey. Surprisingly, New York—gridlock central—only came in...

White House Budget Director Will Step Down

Surprise departure precedes expected battle over spending

(Newser) - The White House budget director will leave his post this summer after just over a year in office. Rob Portman departs the OMB at an awkward time, with Congress gearing up for a bruising fight over next year's federal budget. He enjoys bipartisan support that his successor, onetime Iowa congressman...

New Airlines Fly on a Wing and $10
New Airlines Fly on a Wing and $10
May 21, 2007 6:49 PM CDT

New Airlines Fly on a Wing and $10

Bargain-basement US carriers prepare to rock the industry

(Newser) - Frequent fliers will soon be reminiscing about the small luxuries a $200 airline ticket bought: like free Diet Coke. A new wave of start-up airlines is selling ultra-affordable flights as low as $10. But prepare to plunk down for seat assignments, checked baggage—and even peanuts.

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