by jpitney | Jun 18, 2025 | Budget, Debt, Economic Policy
CBO: The Congressional Budget Office and the staff of the Joint Committee on Taxation (JCT) previously reported that H.R. 1, the One Big Beautiful Bill Act, as passed by the House of Representatives on May 22, would increase the primary deficit by $2.4 trillion over...
by jpitney | Jun 10, 2025 | Budget, Bureaucracy, Volunteering
Judge Deborah L Boardman, :Case 1:25-cv-01363-DLB Document 148 Filed 06/05/25 AmeriCorps is the nation’s national service agency. AmeriCorps operates national service programs and funds service programs operated by states, local governments, nonprofits, and...
by jpitney | May 14, 2025 | Budget, Congress, Debt
Congress is getting ready to increase the federal debt. Yuval Levin: Just continuing existing tax policy would drive the federal debt well beyond 200 percent of the size of the economy over the next 30 years, according to the Congressional Budget Office. By that...
by jpitney | May 8, 2025 | Budget, California Politics
Eric He, Rachel Bluth and Lindsey Holden at Politico: Ten people briefed on the matter said state lawmakers are being told to brace for a shortfall of at least $10 billion when Newsom presents his revised budget next week. In early January, the governor’s Department...
by jpitney | Mar 20, 2025 | Budget, California Politics, Los Angeles
David Zahniser at LAT: L.A.’s financial problems exploded into a full-blown crisis on Wednesday, with the city’s top budget official announcing that next year’s shortfall is now just shy of $1 billion, making layoffs “nearly inevitable.” City Administrative Officer...
by jpitney | Jan 18, 2025 | Budget, California Politics
Alexei Koseff at CalMatters: [In] his six years in the governor’s office, Newsom has steadily guided California’s government to expand its mission and scope: launching flashy initiatives, creating new departments and offering more services to more people, even during...
