Highlights
A collection of news and information related to Fiscal Cliff published by this site and its partners.
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April income tax collections climb in many US states, but may be a blip
Reuters* Sample of 21 states shows April revenue rose by an average 37 pct * Excluding California, revenue up 22 pct * Sixteen states mulling personal income tax reforms By Karen Pierog and Lisa Lambert May 16 (Reuters) - Personal income tax collections rose...Tags: John Chiang, Taxation, National Government, Jerry Brown, Illinois Governor
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April income tax collections climb in many states, but may be a blip
Reuters(Reuters) - Personal income tax collections rose by 37 percent in April from a year ago, according to a sample of U.S. states, but the improvements may not continue as a still-shaky economy, tax cuts in some states and federal budget woes could team up to...Tags: John Chiang, Taxation, National Government, Jerry Brown, Illinois Governor
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Illinois income tax collections rise 33% in April
ReutersIllinois income tax collections jumped 33 percent, to $3.14 billion, last month, according to a legislative commission report. The Commission on Government Forecasting and Accountability warned that Illinois' jobless rate, which at 9.5 percent in March...Tags: Taxation, National Government, Jerry Brown, Illinois Governor, Finance
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Michigan's $483M surplus may go to road repairs
LANSING, Mich. (AP) — There was no dearth of ideas about what to do with the state's newfound $483 million surplus on Wednesday after Michigan budget experts made the dollar figure official. Spend more on road maintenance or schools. Cut taxes....
Tags: Economy, Business and Finance, Finance, Personal Income, Executive Branch, Government
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Michigan projected to get $542 million more than expected
LANSING, Mich. (AP) — Michigan could take in $542 million more in revenue than projected four months ago — good news as lawmakers and Gov. Rick Snyder work to finalize a state budget in coming weeks. The nonpartisan Senate Fiscal Agency said...
Tags: Economy, Business and Finance, Finance, Personal Income, Politics, Government
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Latest Michigan news, sports, business and entertainment
TROUBLED SCHOOL DISTRICT Buena Vista school board OKs debt plan, may reopen LANSING, Mich. (AP) — Saginaw County's Buena Vista district soon could reopen its doors after the local school board approved a plan aimed at bringing the district out...Tags: Crime, Law and Justice, Heroin, Finance, Child Abuse, Rick Snyder
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Federal deficit shrinks at surprising rate
WASHINGTON — The federal deficit is shrinking more quickly than expected, and the government's long-term debt has largely stabilized for the next decade, the Congressional Budget Office said Tuesday in a report that could strengthen the Obama...
Tags: U.S. House Committee on Ways and Means, Productivity, Finance, U.S. House Committee on the Budget, John Boehner
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Entitlements' unimpeded growth is a benefit to seniors
WASHINGTON (AP) — With Congress increasingly unable to resolve budget disputes, federal programs on automatic pilot are consuming ever larger amounts of government resources. The trend helps older Americans, who receive the bulk of Social Security...
Tags: Politics, Social Security, Research, Government Health Care, Conservation
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House Fiscal Agency projects Michigan to get $382 million more than forecast 4 months ago
LANSING, Mich. (AP) — Michigan could get $382 million more in revenue than projected four months ago. That's according to a report Tuesday from the nonpartisan House Fiscal Agency. It's good news for lawmakers and Gov. Rick Snyder, though it's...Tags: Rick Snyder
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Here is the latest Michigan news from The Associated Press
DETROIT (AP) — Detroit Mayor Dave Bing says he's not running for a second term as leader of the financially troubled city. The 69-year-old was first elected to the post in 2009 and inherited a budget deficit that could reach $386 million this... -
Obama's budget puts the onus on Ryan
WASHINGTON — When it comes to deficit reduction, President Barack Obama may have correctly taken the measure of Alan Simpson and Erskine Bowles and U.S. corporate leaders; that's a reason why any deficit deal is more remote than ever. Two and a...Tags: Federal Reserve, Social Security, Alan Greenspan, Politics, Parties and Movements
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U.S. House passes Pat Toomey's debt limit idea; Dent votes against bill
WASHINGTON — Lehigh Valley Congressman Charlie Dent was one of eight Republicans who bucked their party and voted against a debt ceiling contingency plan that was the brainchild of Pennsylvania Sen. Pat Toomey. Toomey proposed the idea of...Tags: U.S. Department of the Treasury, Patrick J. Toomey, Finance, Politics, Charlie Dent
May 16, 2013
|Story| Reuters
May 16, 2013
|Story| Reuters
May 16, 2013
|Story| Reuters
May 16, 2013
|Story| Petoskey News
May 14, 2013
|Story| Petoskey News
May 15, 2013
|Story| AP Michigan
May 14, 2013
|Story| Los Angeles Times
May 13, 2013
|Story| Petoskey News
May 14, 2013
|Story| AP Michigan
May 14, 2013
|Story| AP Michigan
May 14, 2013
|Column| Allentown Morning Call
May 9, 2013
|Story| Allentown Morning Call
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