Archive for the The Fiscal Times Category

Business Tax Breaks: State Budget Busters

States face a combined $112 billion in projected budget shortfalls for their coming fiscal year (2012), according to the Center on Budget and Policy Priorities, showing that states continue to suffer from the shrunken revenues caused by the recent recession. So you might wonder why, as Bloomberg […]

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Unemployment Cuts a Cruel Way to Save Money

Florida has joined a handful of states whose leaders think that, at a time of high unemployment and widespread hardship, a good way to save money is to cut benefits for unemployed workers. The New York Times reported yesterday that Florida’s legislature voted Friday night to gradually […]

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GOP’s Tactical Retreat From Medicare Cuts

That loud hissing sound that you now hear is the air that’s leaving the balloon of serious deficit cutting. During the congressional recess of last week and the one before, many House Republicans faced angry senior citizens at town hall meetings after voting for House Budget Committee […]

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Irresponsible Budgeting: Here We Go Again

Facing a choice between doing something hard and something easy, lawmakers invariably choose the latter, which explains why the Senate Finance Committee held a hearing Wednesday morning on how to change the budget process in hopes of reducing deficits and debt. On deficit cutting, the hard stuff […]

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The Federal Employees Who Helped Get bin Laden

With apologies to James Agee, let us now praise not-so-famous federal employees. On this day of rejoicing for the justice that U.S. military forces imposed on Osama bin Laden, the Washington Post highlighted some of the 34 federal workers who have been nominated for the 2011 Samuel […]

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