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Thursday July 31st 2014

Fiscal Cliff Latest News Real-Time Updates

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Fiscal Cliff – Google News

Reclaim our country from the destroyers – The Citizen.com


Reclaim our country from the destroyers
The Citizen.com
The “fiscal cliff” — As the baby boomers retire, the Social Security and Medicare trust funds will cash in federal bonds to try to pay promised benefits. To meet this demand, the feds will have to raise taxes massively (and destroy the economy), sell

Posted on 31 July 2014 | 2:33 pm

Coming up on Connections: Thursday, July 31st – WXXI News


Coming up on Connections: Thursday, July 31st
WXXI News
In our first hour, we'll look at trouble in the way schools are funded in New York State. Superintendents in suburban and rural districts throughout New York State say they face a fiscal cliff. They accuse legislators of falling down on the job to

Posted on 31 July 2014 | 11:53 am

Coast-to-coast, Coalition mulls Keynsian romp – MacroBusiness (blog)


Sourceable

Coast-to-coast, Coalition mulls Keynsian romp
MacroBusiness (blog)
While capital recycling can be a useful mechanism for funding new infrastructure in a constrained fiscal environment, consideration of the cost and demand risks for new projects is critical. Indeed, it is important that appropriate cost-benefit
State Projects Helping to Fill Hole Left by MinersSourceable
States helping to fill mining holeBusiness Spectator

all 14 news articles »

Posted on 31 July 2014 | 1:28 am

Congress recklessly refuses to top up the Highway Trust Fund – Washington Post


Westfair Online

Congress recklessly refuses to top up the Highway Trust Fund
Washington Post
FIRST THERE was the “fiscal cliff”; now congressional dysfunction has brought the country to the edge of the “highway cliff.” Federal money needed for the nation's roads and rails will begin disappearing Friday if lawmakers refuse to act. This crisis
House on collision course with Senate over border crisis billFox News
Congress likely to avoid 'highway cliff'Westfair Online

all 1,344 news articles »

Posted on 30 July 2014 | 11:52 pm

Revising the Recovery – Wall Street Journal (blog)


Wall Street Journal (blog)

Revising the Recovery
Wall Street Journal (blog)
In early 2013, the “fiscal cliff” and budget sequestration led to a tax increase and spending cuts. Keynesians saw a potential disaster: almost all of the 2009 stimulus had been spent and aggregate demand was about to shrink from lower spending. (Oddly

Posted on 30 July 2014 | 6:25 pm

Goldman rides tax inversions to top of M&A heap – Fortune


Goldman rides tax inversions to top of M&A heap
Fortune
Goldman Sachs CEO Lloyd Blankfein does not seem to have made any similar statements on inversions, either for or against. Two years ago, as the U.S. was nearing the fiscal cliff, Blankfein wrote an editorial for the Wall Street Journal saying the

and more »

Posted on 29 July 2014 | 8:37 pm

Gas Tax And Mileage Tax Proposed To Solve The Highway Trust Fund Fiscal Cliff – The Inquisitr


Gas Tax And Mileage Tax Proposed To Solve The Highway Trust Fund Fiscal Cliff
The Inquisitr
Both a gas tax and a mileage tax are being proposed as solutions to the latest fiscal cliff faced by the federal government when the Highway Trust Fund runs out of money this summer. But would the average American be outraged at such a suggestion …

and more »

Posted on 13 July 2014 | 4:26 am

How the ‘Fiscal Cliff’ Helped Lead to Kentucky’s $91-Million Budget Shortfall – WFPL


How the 'Fiscal Cliff' Helped Lead to Kentucky's $91-Million Budget Shortfall
WFPL
A driving factor in Kentucky's $91-million budget shortfall is a decline in a form of income primarily used by the nation's wealthiest individuals. In 2012, the U.S. Congress was preparing to take the country over the “fiscal cliff” because of rising
Kentucky Ends 2014 With $90 Million ShortfallLEX18 Lexington KY News
Kentucky Revenue Shortfall Nears $91 MillionWKMS
Kentucky's Budget Deficit Partly Fueled by Decline in Capital Gains Tax RecieptsWKU Public Radio

all 35 news articles »

Posted on 11 July 2014 | 10:58 am

ObamaCare Fiscal Cliff Looms – Investor’s Business Daily


ObamaCare Fiscal Cliff Looms
Investor’s Business Daily
5 Funding from ObamaCare is set to plunge next year for Medicaid primary care doctors, community health centers and the Children's Health Insurance Program. The money was designed to drop in the short term to make 10-year budget forecasts look better.

and more »

Posted on 7 July 2014 | 11:07 pm

Bank of Thailand cb governor says fiscal cliff unlikely – FTSE Global Markets


Bank of Thailand cb governor says fiscal cliff unlikely
FTSE Global Markets
Addressing the Foreign Correspondents Club, Bank of Thailand central bank governor Prasarn Trairatvorakul, says the end of political stalemate in May this year has allowed government spending to resume. “The presence of a fully functioning government …

Posted on 4 July 2014 | 2:39 pm

Fiscal Cliff – Yahoo News Search Results

Revising the Recovery

Salim Furth: With Wednesday's revised GDP numbers, we can look back at the uneven, disappointing progress of a recovery that to many Americans still feels like a recession.

Posted on 30 July 2014 | 6:59 pm

Why the Senate Will Pass the House’s Highway Bill

With tens of billions of federal highway construction dollars riding on the outcome, the Senate appears on track beginning as early as Tuesday to embrace a House-passed measure to keep the near-bankrupt …

Posted on 29 July 2014 | 9:45 am

Starbucks' (SBUX) CEO Howard Schultz Discusses Q3 2014 Results – Earnings Call Transcript

At this time, I would like to welcome everyone to Starbucks Coffee Company’s third quarter fiscal year 2014 earnings conference call. This is JoAnn DeGrande, vice president of investor relations for Starbucks Coffee Company. Joining me on the call today to discuss our fiscal third quarter results are Howard Schultz, chairman, president, and CEO;

Posted on 25 July 2014 | 1:52 am

The Fix: One chart that shows Congress can actually get things done

Yes, it does occasionally happen.

Posted on 21 July 2014 | 3:58 pm

Brownback Feeling Big Political Backlash to Tax Cuts in Kansas

Few politicians put more store in the supply-side economics magic of Reagan-style tax cuts than Republican Gov. Sam Brownback of Kansas. Certain that he could spur his state’s economy, create “tens of thousands of jobs” and provide a model for other Republican governors to emulate, Brownback pushed a major tax system overhaul through the state legislature in 2012, including a 25 percent …

Posted on 16 July 2014 | 7:37 pm

GovBeat: After years of cuts, state budgets show surpluses

After careful planning and years of red ink, many state budgets are producing surpluses.

Posted on 15 July 2014 | 10:02 am

Gas Tax And Mileage Tax Proposed To Solve The Highway Trust Fund Fiscal Cliff

Both a gas tax and a mileage tax are being proposed as solutions to the latest fiscal cliff faced by the federal government when the Highway Trust Fund runs out of money this summer. But would the average American be outraged at such a suggestion considering how high gas prices have risen during the last

Posted on 13 July 2014 | 4:22 am

Kentucky ends 2014 with $90 million shortfall

Kentuckians are buying more stuff, they just aren't paying as much in taxes. That's why the state ended the 2014 fiscal year on June 30 with a $90 million shortfall in its general fund. Sales taxes – the …

Posted on 10 July 2014 | 9:39 pm

Road funding headed toward cliff

Roadwork in northeastern North Carolina has been on a bumpy and uncertain path since state officials implemented new, urban-focused criteria for new road projects.

Posted on 6 July 2014 | 4:02 am

U.S. bridges in danger of collapse

The nation may be on the brink of a highway crisis and lawmakers are scrambling to avoid a "transportation fiscal cliff."

Posted on 1 July 2014 | 11:41 pm