Tags » Budget Shortfall

Malloy trims $54.6 million from state agencies

HARTFORD, Conn. (AP) — Gov. Dannel P. Malloy is trimming numerous state agencies by $54.6 million to help balance Connecticut’s current $20 billion budget.

The cuts were released Thursday, a day before Malloy’s budget director was to brief lawmakers on how the administration planned to address a projected $99.5 million shortfall. 105 more words


Hogan to Still Seek Tax Relief, Despite Shortfall

UPDATED: November 17, 2014 6:45 p.m.

ANNAPOLIS, Md. — Gov.-elect Larry Hogan said Monday that he remains committed to pursuing tax relief in his first year in office — despite a projected budget shortfall — and he would consider calling a special session to do additional work on the state’s finances, if needed next year. 523 more words


Kansas faces $279 million budget shortfall by summer

TOPEKA, Kan. (AP) – Kansas will face a $279 million budget shortfall by July, far worse than state officials had thought before a new revenue forecast Monday that will force Gov. 520 more words


[211] Aswath Damadoran on Uber, GoPro and Yahoo & Rick Rule on Gold

Boom Bust, Oct 8, 2014

Today’s headline is taxes – specifically, the taxes American businesses pay on income earned abroad. There’s been a lot of hay made in the media of late concerning businesses seeking to minimize their tax liabilities and now regulators are cracking down. 92 more words