budget

New England News
5:00 am
Thu June 14, 2012

Springfield Budget Review Begins

            With just two weeks until the new fiscal year, the City Council in Springfield Massachusetts will start holding hearings on a proposed budget that cuts municipal services while calling for higher fees and taxes.  WAMC”s Paul Tuthill reports.

            Springfield City Councilor Timothy Rooke, who chairs the finance committee, says the administration has not squeezed enough savings from city government.

New England News
12:59 pm
Wed June 13, 2012

Springfield Budget Calls For Job Cuts, Library Closings,Higher Fees

A summary of the Mayor's recommended budget in Springfield MA
WAMC

  The city of Springfield Massachusetts will reduce its municipal
workforce and cut some city services under a budget recommended by the
mayor. At the same time, the city council is being asked to raise almost
$3 million in fees and taxes to avoid even deeper cuts. WAMC's Pioneer
Valley Bureau Chief Paul Tuthill reports.

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New England News
12:51 pm
Mon June 11, 2012

Mayor's Budget Expected To Result In Layoffs, Cutbacks

Springfield Mayor Domenic Sarno
City of Springfield

The next state budget in Massachusetts is likely to include the
first increase in local aid in four years. But, it appears it won't be
enough to avert layoffs and service cuts in the state's third largest
city.  WAMC's Pioneer Valley Bureau Chief Paul Tuthill reports.

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The Roundtable
11:00 am
Thu May 24, 2012

National Priorities Project - A People's Guide to the Federal Budget

A People’s Guide to the Federal Budget covers what every American should know about how our government raises and spends our tax dollars. From coverage of the current conflict in Washington to simple explanations of budget terminology, A People’s Guide to the Federal Budget has it all. Written by the Northampton-based National Priorities Project, this book is essential for understanding and getting involved in the debate over our nation’s future.

The Roundtable
9:48 am
Thu May 24, 2012

Predator Nation: Corporate Criminals, Political Corruption, and the Hijacking of America

We speak with Oscar-winning documentarian, Charles H. Ferguson (Inside Job), about Predator Nation: Corporate Criminals, Political Corruption, and the Hijacking of America.

Capital District News
7:49 am
Thu May 17, 2012

NYS Teachers, School Boards See Disturbing Trends in School Vote Outcome

Governor Cuomo is pleased with the outcome of Tuesday’s state wide school budget vote, but teachers and school board leaders see some disturbing trends.

This year’s school budget vote was the first to take place after Governor Andrew Cuomo convinced the legislature to adopt the property tax cap. The governor says the tax cap imposed “fiscal discipline.” He says he’s pleased that few schools attempted to override the cap, and that most schools kept tax increases to a minimum, and were approved by voters. He says tax payers, as well as state government, are tapped out.

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New England News
7:20 am
Thu May 17, 2012

Senate Panel Hikes Local Aid in MA Budget

The Massachusetts budget proposed by the Senate Ways and Means Committee is winning praise from municipal officials. WAMC’s Lucas Willard reports…

Senate leaders say the spending plan for the fiscal year beginning on July 1 would boost local aid by $275 million over current year levels and provide full funding for unrestricted local aid. An earlier budget proposal by Governor Deval Patrick had made $65 million of unrestricted aid contingent on state revenues reaching certain benchmarks in the current year.

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WAMC News
7:13 am
Tue May 1, 2012

States Scaling Back Worker Pensions to Save Money

State governments have long lured workers with the promise of lucrative pensions that provide nearly the pay in retirement that employees earned on the job. But after years of budget crunches, nearly every state has revamped public retirement benefits in an effort to shrink the long-term obligations that are billions of dollars short of what is needed to cover benefits.

The moves have triggered a legal and political battle over whether states are reneging on their promises to millions of public-sector workers.

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New England News
8:32 am
Tue April 24, 2012

MA House Begins Debate on $32B State Budget

The Massachusetts House has begun debate on a proposed $32 billion state budget by rejecting a cut in the state sales tax.   WAMC’s Paul Tuthill reports…

A proposal to reduce the Massachusetts sales tax to 5 percent in three phases was sent off to a study committee by an overwhelming and mostly partly line vote of 119-37. 

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New England News
8:04 am
Mon April 23, 2012

MA House to Begin Debate on $32B Budget Plan

Massachusetts House lawmakers are scheduled to begin debate on a nearly $32.3 billion state budget plan for the fiscal year beginning July 1.

Lawmakers will begin working their way through 870 proposed amendments to the spending plan on Monday.

The budget unveiled earlier this month by the House Ways and Means Committee relies on $522 million in one-time revenues, including a $400 million withdrawal from the state's so-called Rainy Day fund.

It calls for spending $14 million less than the budget proposed in January by Governor Deval Patrick.

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