Tagged: budget

Massachusetts Governor Deval Patrick today released his FY 2014 budget proposal. WAMC’s Berkshire Bureau Chief Lucas Willard reports that the Governor is planning to invest in three key areas: education, innovation, and infrastructure.

Governor Patrick’s $34.8 billion budget proposal follows his State of the Commonwealth speech last week where he called for more investment in transportation including streamlining public transportation and improving roads and bridges, as well as a significant boost to education spending.

WASHINGTON (AP) -- With tacit support from President Barack Obama, House Republicans are moving to try to defuse a potential debt crisis with legislation to prevent an economy-rattling fiscal crisis for at least three months.

The GOP legislation marks a tactical retreat by House Speaker John Boehner, R-Ohio, who is eager to avoid a potential first-ever default on U.S. payment and debt obligations as he wrestles with Obama and his Democratic allies over taxes, spending and the deficit.

MONTPELIER, Vt. (AP) — Vermont lawmakers will have money in mind for the next couple of days.

On Wednesday, the House is slated to take final action on a mid-year budget adjustment bill to respond to growing needs in human services.

Also Wednesday, the Emergency Board — made up of the governor and the four legislative money committee chairs — is scheduled to hear a new revenue forecast from two consulting economists.

ALBANY, N.Y. (AP) — Gov. Andrew Cuomo is set to detail his budget proposals for the state's 2013-2014 fiscal year beginning April 1.

He's expected to propose about $132 billion in spending and attack a deficit of at least $1 billion as the state deals with the aftermath of superstorm Sandy and tax collections lagging behind projections.