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>> SPENDING CUTS Latest News

NOV 19, 2014 - San Francisco Chronicle

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Spending cuts sought to close budget shortfall

BOSTON (AP) — Gov. Deval Patrick's administration is ordering nearly $200 million in immediate spending cuts while asking lawmakers to approve reductions in local aid and other accounts to close a state budget shortfall.

Tags: Spending cuts sought to close budget shortfall,  Spending Cuts Latest News

NOV 19, 2014 - San Francisco Chronicle

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Malloy dismisses GOP's Connecticut budget concerns

(AP) — Gov. Dannel P. Malloy is downplaying the mid-year spending cuts he's making, predicting Connecticut will end this fiscal year on June 30 with a surplus. Malloy said Wednesday his Democratic administration will make "minor adjustments," ranging from 1 to 5 percent in some, but not all, parts of the approximate $20 billion budget.

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NOV 15, 2014 - San Francisco Chronicle

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Battered, Greece faces years to recoup recession

The women volunteer at a charity clinic that recycles drugs sent by relatives of dead cancer patients, recovering stroke victims, or new mothers who overstocked on baby formula. The half-filled boxes of medicine are stacked to the ceiling, waiting to be mailed to growing numbers of unemployed Greeks who have been denied hospital treatment since the economic crisis started. Cardiologist ...

Tags: Battered, Greece faces years to recoup recession,  Spending Cuts Latest News

NOV 14, 2014 - San Francisco Chronicle

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Oil price drop creates havoc in Louisiana budget

(AP) — Gov. Bobby Jindal will need to slash state spending to keep this year's $25 billion budget balanced, as plummeting oil prices that are helping drivers at the gas pump have hammered Louisiana's revenue. Economists blamed lower-than-expected severance taxes and mineral royalties because of falling oil prices for more than $93 million of the reduction, combined with anemic personal ...

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NOV 13, 2014 - Yahoo! News

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Maine's largest city cuts spending in dispute over immigrant aid

By Dave Sherwood PORTLAND Maine (Reuters) - Maine's largest city has begun clamping down on spending as newly re-elected Republican Governor Paul LePage makes good on a campaign promise to cut funding to cities and towns that give aid to undocumented immigrants. In an internal memo released on Wednesday, Portland city officials said they had frozen hiring and cut travel ...

Tags: Maine's largest city cuts spending in dispute over immigrant aid,  Spending Cuts Latest News