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The run-up to Washington’s latest manufactured budget crisis closely follows the script for a generic Road Runner cartoon. In the sequester cartoon unfolding in our nation’s capital, the budget safe falls off the Washington Monument and everything gets squashed, including the U.S. goes down to investigate.
NEWS FLASH: The bipartisan Congressional Debt Committee has failed to reach a compromise. Once the Defensebudget is hammered, a lot of the savings will have to come from domestic programs such as agriculture and environmental protection. Can you believe it?! Whatchoo talkin bout, Wartgow?!).
According to the Times report, about 42 percent of the annual operating budget at PIT goes to serving the airport’s debt. Revenue from fracking will cover nearly a quarter of the airport’s $91-million operating budget, officials estimate. Mid Atlantic Fracking'
– “Rounding error” in Paul Ryan-Patty Murray federal budget deal adds $2 trillion to national debt. Aerospace And Defense Archives Articles By Industry Articles By Location Articles By Topic Featured Post Incentives Online Features Quality Of Life The Editor''s Blog U.S. - 1 on NY Times bestseller list.
The TNECD website summarizes Tennessee’s approach to business climate with this credo: “We believe in high expectations, low debt and a pro-business regulatory environment. Our state and local tax burdens are among the lowest in the country, and our state budget operates with a healthy surplus rather than a deficit.”.
The nation’s largest state has been painfully taking its fiscal medicine in huge dollops during the past four years, in the form of deep budget cuts and huge tax increases. Last year, a State Budget Crisis Task Force headed by former Fed Chairman Paul Volcker estimated California’s long-term debt at a staggering $370 billion.
million loan participation program fostering business expansion and job creation in Arizona by providing debt financing for small businesses (in collaboration with private finance partners). Additionally, the company must demonstrate that it can service the debt. 97% increase in personal property tax exemption. TAX INCENTIVES.
Loan proceeds are to be used for working capital, inventory, equipment purchase, and real property improvements but cannot be used for refinancing of existing debt or outstanding debt payments. The program ends December 2016. Taxpayers must choose either the investment tax credit or the job tax credit.
A retreat in the public markets in 2011 resulted in overall financing levels that are back to those seen in 2008, reflecting the continuing struggles of the Eurozone countries over the sovereign debt of some member countries. It has been endowed with a budget of 2.75 NBAF Bio-Defense Lab Moves Forward In Manhattan, KS.
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