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Wednesday March 4th 2015

Fiscal Cliff Latest News Real-Time Updates

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Fiscal Cliff – Google News

Business activity lifted in February as central banks loosen up – Reuters


Reuters

Business activity lifted in February as central banks loosen up
Reuters
"Activity has begun to pick up a bit, some of the concerns about growth falling off a cliff towards the end of last year always seemed to us to be overdone," said Andrew Kenningham at Capital Economics. "The most likely factor is the fall in the oil

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Posted on 4 March 2015 | 11:33 am

Military Retirement: Too Sweet a Deal? – War on the Rocks


War on the Rocks

Military Retirement: Too Sweet a Deal?
War on the Rocks
In 1978, a few years after the All Volunteer Force was enacted into law, the U.S. Government Accountability Office (GAO) was calling for an end to the 20-year cliff in a clearly titled report, Retirement Security: The 20-Year Military Retirement System

Posted on 4 March 2015 | 9:26 am

Boehner escapes jam on DHS vote, but more GOP battles loom – U.S. News & World Report


Boehner escapes jam on DHS vote, but more GOP battles loom
U.S. News & World Report
Past episodes avoided a government default on debts and the halting of a massive "Fiscal Cliff" tax increase. On Tuesday, Boehner's concession prevented shuttering the Homeland Security agency. "John Boehner, honestly, in a number of cases saved the …

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Posted on 4 March 2015 | 8:02 am

Fiscal Cliff ‘In the Distance’ – Expert – AllAfrica.com


Fiscal Cliff 'In the Distance' – Expert
AllAfrica.com
Cape Town — A "fiscal cliff" has not yet been averted in South Africa but is further in the distance than before, a Wits University professor said on Tuesday. The country had been heading for a cliff by 2026, with social assistance expenditure and

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Posted on 25 February 2015 | 7:58 am

Letter: Brownback’s road map ends at a fiscal cliff – Topeka Capital Journal


Letter: Brownback's road map ends at a fiscal cliff
Topeka Capital Journal
For almost five years, Gov. Sam Brownback has trumpeted his “Roadmap for Kansas” as the best means to bring about economic growth. Four years after he took the helm and reshaped our government, 46 percent of Kansans voters realized the roadmap …

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Posted on 24 February 2015 | 11:53 pm

Nada Surf’s Matthew Caws covers Kevin Devine’s “Fiscal Cliff” — listen – Consequence of Sound


Nada Surf's Matthew Caws covers Kevin Devine's “Fiscal Cliff” — listen
Consequence of Sound
Caws chose to tackle “Fiscal Cliff”, from Kevin Devine & The Goddamn Band's 2013 record Bubblegum. The Nada Surf frontman flips the script on the track, presenting the frustrated indie rock number in a far more contemplative, acoustic arrangement.
Nada Surf's Matthew Caws Covers Kevin Devine's “Fiscal CliffUnder the Gun Review

all 3 news articles »

Posted on 19 February 2015 | 7:45 pm

State taxes are finally beginning to normalize after the ‘fiscal cliff’ – Washington Post (blog)


Washington Post (blog)

State taxes are finally beginning to normalize after the 'fiscal cliff'
Washington Post (blog)
More than two and a half years after federal lawmakers struck a zero-hour deal over the “fiscal cliff,” its impact on state tax revenues finally appears to be wearing off. State tax collections grew by 4.4 percent in the third quarter of last year

Posted on 12 February 2015 | 4:39 pm

Finding a Path Off the Fiscal Cliff – WRKF


WRKF

Finding a Path Off the Fiscal Cliff
WRKF
The decline in oil revenues has also enlarged the projected deficit for the upcoming fiscal year. Moller says that could be partially alleviated by repealing the state's two-year immunity from severance taxes, given to fracking operations. “This tax

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Posted on 5 February 2015 | 9:07 am

Fiscal Cliff Injury Report: Higher Ed – WWNO


Fiscal Cliff Injury Report: Higher Ed
WWNO
That's the question Southeastern Louisiana University professor Dayne Sherman — and many others — are asking, as Louisiana colleges and universities have been told to expect up to $400-million in cuts for the next fiscal year. That amounts to 40

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Posted on 4 February 2015 | 9:08 am

Fiscal Cliff: The Oil Factors – WWNO


WWNO

Fiscal Cliff: The Oil Factors
WWNO
“Prices at the pump don't seem to have a bottom yet.” Legislative Fiscal Analyst Greg Albrecht says while that's good for consumers, it's very bad for the state budget. Louisiana's budget gap for the fiscal year that starts July 1, 2015 has widened by

and more »

Posted on 3 February 2015 | 9:54 am

Fiscal Cliff – Yahoo News Search Results

Wall Street Journal editorial slams GOP 'Cliff Marchers'

The piece is titled "Squandering a GOP Majority."

Posted on 2 March 2015 | 5:13 pm

Possible fiscal crisis forces Paterson school district to weigh 10-percent spending cut

State-appointed superintendent Donnie Evans wants to achieve most of the savings through “non-salary” items. But Evans’ memo outlining his cost-cutting strategy says there also would be job reductions affecting teachers, principals, administrators and support staff.

Posted on 2 March 2015 | 4:36 pm

Sonic Announces 11.5% Same-Store Sales Growth for the Second Quarter of Fiscal 2015

Sonic Corp. , the nation's largest chain of drive-in restaurants, today announced that system-wide same-store sales for its second fiscal quarter, which ended February 28, 2015, increased approximately 11.5%.

Posted on 2 March 2015 | 1:00 pm

Exclusive: Chicago nears fiscal free fall with latest downgrade

Chicago drew closer to a fiscal free fall on Friday with a rating downgrade from Moody's Investors Service that could trigger the immediate termination of four interest-rate swap agreements, costing the city about $58 million and raising the prospect of more broken swaps contracts. The downgrade to Baa2, just two steps above junk, and a warning the rating could fall further still, means the …

Posted on 27 February 2015 | 11:16 pm

Chicago nears fiscal free fall with latest downgrade

Chicago drew closer to a fiscal free fall on Friday with a rating downgrade from Moody's Investors Service that could trigger the immediate termination of four interest-rate swap agreements, costing the city about $58 million and raising the prospect of more broken swaps contracts.

Posted on 27 February 2015 | 11:16 pm

South Africa: Fiscal Cliff 'In the Distance' – Expert

[SAPA]Cape Town -A "fiscal cliff" has not yet been averted in South Africa but is further in the distance than before, a Wits University professor said on Tuesday.

Posted on 25 February 2015 | 7:59 am

Fin24.com | Lack of spending cuts implies new, more taxes

Since no firm proposals for cutting spending have been tabled, it implies that new and additional taxes would be raised, warns an expert.

Posted on 24 February 2015 | 4:27 pm

Market overview: Fiscal cliff uncertainty weighs on stocks

1630: UK stocks today managed to finish off their lows of the session after having earlier been weighed down by the to-and-fro of remarks out of Capitol Hill regarding the fiscal cliff.

Posted on 21 February 2015 | 6:34 am

GovBeat: State taxes are finally beginning to normalize after the ‘fiscal cliff’

More than two and a half years after federal lawmakers struck their zero-hour deal, the impact of the cliff on state tax revenues finally appears to be wearing off.

Posted on 12 February 2015 | 4:38 pm

Fin24.com | SA rapidly approaching fiscal cliff – expert

The fiscal cliff is rapidly approaching for the SA government and the only way it can get out of this would be through policy reform, warns an expert.

Posted on 3 February 2015 | 6:46 pm