Tag Archives: budget

Ontario to release provincial budget March 27

TORONTO (Reuters) – Ontario’s minority Liberal government has set March 27 as the date for the Canadian province’s next budget, which is expected to outline tough austerity measures designed to rein in a C$16 billion ($16.1 billion) deficit. Finance Mi…

Greek jobless rate hits new record in Q4

ATHENS (Reuters) – Greece’s jobless rate rose to a fresh quarterly record of 20.7 percent in the last three months of 2011, reflecting the country’s deep economic malaise, exacerbated by austerity to repair public finances and emerge from a debt crisis…

Who Is Angus King?

Angus King is a “mystery to those outside Maine,” the Hill reported recently. In the Pine Tree State, however, he’s the Ghost of Good Times Past: He served as governor from 1995 to 2003, a period in which the economy was booming and t…

UNESCO Goes to Washington

When the member states of the United Nations Educational, Scientific, and Cultural Organization voted last October to confer membership on the Palestinian Authority, they knew their decision would trigger the withdrawal of U.S. funding, which in dues a…

Lawmakers debate pay cutoff for budget gridlock

It might be dismissed as an election year gimmick by the big shots who run Capitol Hill, but frustration over Congress’ failure to pass a budget since 2009 has given surprising momentum to a bill that would cut off lawmakers’ pay if they can’t — or w…

Texas vs. California

One in five Americans calls California or Texas home. The two most populous states have a lot in common: a long coast, a sunny climate, a diverse population, plenty of oil in the ground, and Mexico to the south. Where they diverge is in their governanc…

GOP Wants to Sabotage Economy

Michael Tomasky, The Daily BeastWe're just under eight months away from Election Day now, which means that the GOP is starting to run out of time to think up new ways to ruin the economy so that Barack Obama doesn't get reelected. The Republ…