| Latest News, Videos and Live Video

Wednesday May 27th 2015

Fiscal Cliff Latest News Real-Time Updates

Fiscal Cliff news latest updated in real-time by rss feeds.

Fiscal Cliff – Google News

Patriot Act Renewal Has Lawmakers on Both Sides on Edge – Roll Call (blog)


Roll Call (blog)

Patriot Act Renewal Has Lawmakers on Both Sides on Edge
Roll Call (blog)
If the House and Senate were somehow able to come up with an agreement this week, those May 31 votes would be the first Sunday votes in the Senate since the fiscal cliff standoff at the end of 2012. But such a resolution remains in doubt. House

and more »

Posted on 27 May 2015 | 9:02 am

Lawmakers play games while Alaskans pay the price – Alaska Dispatch News


Alaska Dispatch News

Lawmakers play games while Alaskans pay the price
Alaska Dispatch News
Legislators were joking about driving off the fiscal cliff while sipping on cocktails and munching on appetizers at fancy banquets, now they've continued to drive toward the cliff with 23,000 state employees in tow. It's time for the Legislature to get

Posted on 27 May 2015 | 2:22 am

Democrats readying $36 billion budget; GOP say its foes laying same old broken … – Madison County Record


Madison County Record

Democrats readying $36 billion budget; GOP say its foes laying same old broken
Madison County Record
Bruce Rauner has proposed for fiscal year 2016, which begins July 1. And the … David Yepsen, director of the Paul Simon Public Policy Center, said Monday's events don't necessarily mean Illinois is headed for a budget cliff, or July arriving without

and more »

Posted on 26 May 2015 | 8:49 pm

No 2015-16 tax increase for Abington Heights, but fiscal cliff approaching – Scranton Times-Tribune


No 2015-16 tax increase for Abington Heights, but fiscal cliff approaching
Scranton Times-Tribune
CLARKS SUMMIT — The Abington Heights School Board on Wednesday declined to raise property taxes in the preliminary budget for 2015-16, even as the administration warned the district is on pace to deplete its reserves within three to four years

Posted on 21 May 2015 | 8:04 am

REFILE-RPT-CHINA MONEY-Slow municipal bond market may raise China … – Reuters


REFILE-RPT-CHINA MONEY-Slow municipal bond market may raise China
Reuters
… Falling tax revenue and the plodding pace of local governments' refinancing through municipal bonds means that China could face a serious fiscal squeeze on the local level, forcing Beijing to intervene more aggressively to avert a Chinese "fiscal

and more »

Posted on 20 May 2015 | 3:09 am

Missouri roads approach fiscal cliff – The Daily Star-Journal


Missouri roads approach fiscal cliff
The Daily Star-Journal
Warrensburg – Missouri roads face a budget shortfall that, by 2017, is expected to be so severe that revenue will not cover basic maintenance, but the General Assembly failed to pass legislation to address the issue.

and more »

Posted on 18 May 2015 | 3:51 pm

Slow municipal bond market may raise China ‘fiscal cliff’ risk – The Fiscal Times


The Fiscal Times

Slow municipal bond market may raise China 'fiscal cliff' risk
The Fiscal Times
SHANGHAI (Reuters) – Falling tax revenue and the plodding pace of local governments' refinancing through municipal bonds means that China could face a serious fiscal squeeze on the local level, forcing Beijing to intervene more aggressively to avert a …

and more »

Posted on 15 May 2015 | 10:47 am

[Letter] Connecticut is heading over “fiscal cliff” thanks to Hartford – Darien Times


[Letter] Connecticut is heading over “fiscal cliff” thanks to Hartford
Darien Times
Connecticut is headed over a fiscal cliff. Current deficits are also being funded by pure financial chicanery where the state issue bonds for the future above current market rates and pockets the bond premiums as current revenue to fill the budget

Posted on 14 May 2015 | 5:34 pm

Washington Inches Toward Another Fiscal Cliff – The Fiscal Times


The Fiscal Times

Washington Inches Toward Another Fiscal Cliff
The Fiscal Times
After a long day of partisan finger pointing over the Amtrak train disaster, bickering over the defense budget, and worrying that the government is short-changing vital highway and infrastructure projects, the White House and congressional leaders on …

and more »

Posted on 14 May 2015 | 10:08 am

As appropriations battle kicks off, another fiscal cliff – Politico


Politico

As appropriations battle kicks off, another fiscal cliff
Politico
The heart of the batting order is due up in the House Appropriations Committee beginning Wednesday: four major spending bills that will capture all the contradictions in the new Republican budget over the next month. A $55.3 billion transportation and …

Posted on 13 May 2015 | 9:14 am

Fiscal Cliff – Yahoo News Search Results

The sequestration monster myth

The creature lurking around the corner isn't really coming.

Posted on 13 April 2015 | 10:36 am

Balanced-budget law more political posturing than firm commitment

Federal Finance Minister Joe Oliver got an underwhelming response this week when he announced the Conservative government was finally going to table long-promised balanced-budget legislation. Lost in the spin is whether balanced-budget laws actually are useful tools to impose fiscal discipline on governments. The backlash began in the United States, where a conservative political wave in the …

Posted on 10 April 2015 | 9:21 pm

Bradley talks JDC, 911 and school funding

State Rep. John Bradley (D.-Marion) touched on several topics during his visit to the West Frankfort Lions Club on Thursday afternoon, but they all came down to one thing in the end: money."Illinois’ fiscal cliff will happen July 1," Bradley said. "After that, there will be some very difficult stories."The state representative, who is chairman of the House Revenue and Finance Committee and is an …

Posted on 10 April 2015 | 3:37 pm

5 higher taxes for wealthy taxpayers

Here's a look at these five tax situations and the income levels to which they apply.

Posted on 26 March 2015 | 7:31 pm

Restaurant chain Sonic doubles earnings per share for 2015 2nd quarter

Investing.com Investing.com Shares in Sonic, the nation's largest chain of drive in restaurants, edged higher in after hours trading after the company doubled earnings per share for the second fiscal quarter of 2015. Net income per diluted share was

Posted on 25 March 2015 | 2:07 am

Sonic Earnings Double Amid Brisk Sales Gains Growth Forecasts Boosted

Sonic boosted its full-year earnings guidance Tuesday after reporting fiscal second-quarter profits that doubled from a year earlier and topped estimates. The drive-in chain expects to grow its per-share …

Posted on 24 March 2015 | 10:15 pm

Sonic (SONC) Stock Is Up in After-Hours Trading Today on Earnings Beat

NEW YORK (TheStreet) — Shares of Sonic were gaining 0.8% to $37 after-hours Tuesday after the fast food chain operator beat analysts' estimates for earnings and revenue in the fiscal second quarter. Sonic reported earnings of 13 cents a share for the fiscal second quarter, above analysts' estimates of 12 cents a share for the quarter. Revenue grew 15% year over year to $126.22 million for the …

Posted on 24 March 2015 | 8:21 pm

Sonic Doubles Earnings Per Share for Second Fiscal Quarter of 2015

Sonic Corp. , the nation’s largest chain of drive-in restaurants, today announced results for the second fiscal quarter ended February 28, 2015.

Posted on 24 March 2015 | 8:01 pm

Shoe Carnival Reports Fourth Quarter and Fiscal Year 2014 Financial Results

Shoe Carnival, Inc. a leading retailer of moderately priced footwear and accessories, today reported results for the fourth quarter and fiscal year ended January 31,

Posted on 18 March 2015 | 8:05 pm

Village lays out capital improvements through '20

Marble Cliff Fiscal Officer Cindy McKay presented a five-year plan for capital-improvement projects at Village Council's meeting Monday, March 16.

Posted on 18 March 2015 | 4:39 pm