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Saturday May 28th 2016

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Fiscal Cliff – Google News

Wayne Greene: Legislature fails to fix tax cut trigger; we could be headed to another fiasco – Tulsa World


Tulsa World

Wayne Greene: Legislature fails to fix tax cut trigger; we could be headed to another fiasco
Tulsa World
A similar trigger resulted in a state income tax rate cut this year, despite the fact that state tax revenue was in the process of falling off a cliff. It wasn't supposed to happen that way. When legislators wrote the tax cut, … Changing things then

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Posted on 27 May 2016 | 9:47 pm

GOP Attack Ads Target House Dems Who Voted for Madigan Budget – NBC Chicago (blog)


Bloomberg

GOP Attack Ads Target House Dems Who Voted for Madigan Budget
NBC Chicago (blog)
… disastrous budget that would create a $7 billion deficit and necessitate a $1,000 tax hike on Illinois families,” an Illinois Republican Party press release reads. “This is a clear signal that they would rather jump off the fiscal cliff than stand
Madigan, Rauner have their wish lists; here's mineChicago Tribune
Illinois's Lost Year About to Become Two as Budget Cliff NearsBloomberg

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Posted on 27 May 2016 | 6:46 pm

Kids’ ride-hailing companies: Great idea, troubled reality – USA TODAY


USA TODAY

Kids' ride-hailing companies: Great idea, troubled reality
USA TODAY
But as these tech-anchored startups race to riches are they heading toward a cliff? Besides Shuddle …. With fiscal discipline, good word of mouth and bit of luck, HopSkipDrive and Zum have a shot at cornering the kid-ride market in the Bay Area

Posted on 27 May 2016 | 5:21 pm

Greece’s debt deal is not a game-changer – Financial Times


Financial Times

Greece's debt deal is not a game-changer
Financial Times
In the end, after allowing the heart to take things right to the edge of the cliff, the head prevailed. The cost was heavy: yet another bailout, yet more unrealistic fiscal targets, leavened only by more vague promises of debt relief. There is no end

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Posted on 27 May 2016 | 4:44 pm

Australian election 2016: treasurers’ debate has plenty of sparring but no knockout punch – The Guardian


The Guardian

Australian election 2016: treasurers' debate has plenty of sparring but no knockout punch
The Guardian
“In the mid-year economic and fiscal outlook (Myefo) last year, we revised downward the growth forecast from 3.5% to 3%. In this budget we revised the second quarter down by a quarter of … World's scariest school run? Chinese children tackle 800

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Posted on 27 May 2016 | 8:05 am

Ross pushes GERS to stop paying out until retirements are fully funded – Virgin Islands Daily News


Ross pushes GERS to stop paying out until retirements are fully funded
Virgin Islands Daily News
The vice-chairman of the Government Employees' Retirement System suggested a volatile approach at the board of trustees meeting Thursday morning when he made a motion to require that the system “not pay any benefits unless the total cost of providing …

Posted on 27 May 2016 | 7:13 am

SLOCOG announces funding shortfall, moves ahead on tax measure – New Times SLO


SLOCOG announces funding shortfall, moves ahead on tax measure
New Times SLO
That's put SLO County in a dire fiscal situation, said Ron De Carli, executive director of SLO Council of Governments (SLOCOG), a collaborative regional body primarily focused on transportation matters. “Now we've kind of gone over the cliff,” De Carli

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Posted on 26 May 2016 | 7:00 am

Miami budget crunchers warn city spending is getting out of whack – Miami Herald


Miami Herald

Miami budget crunchers warn city spending is getting out of whack
Miami Herald
1 responsibility on the finance committee is to make sure we don't go over another fiscal cliff with our eyes closed,” said Eric Zichella, a committee member. But Miami's unions say Alfonso's warnings — made as commissioners push to expand the city's

Posted on 25 May 2016 | 11:26 pm

Lack of leadership got Alaska here, and it’s not going to save us now – Alaska Dispatch News


Lack of leadership got Alaska here, and it's not going to save us now
Alaska Dispatch News
The talk about driving over the fiscal cliff has been around for so long at this point we must be crashing toward our death. The men and women in this current Legislature took control of the clown car and drove it over the cliff long ago. At this point

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Posted on 25 May 2016 | 6:44 am

Fearsome fiscal cliff looms for Congress – Politico


Politico

Fearsome fiscal cliff looms for Congress
Politico
Republicans have maneuvered all year to avoid a fiscal cliff in 2015. Now it looks like they're going to get a Denali-sized one. With the nation's borrowing authority set to lapse as early as November, and money to keep the federal government and road …

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Posted on 16 September 2015 | 11:48 pm