Economy / Tags / Lawmakers

ECONOMY Tue Nov 18, 2008 @ 3:01pm neoform

biz.yahoo.com -- By Glenn Somerville WASHINGTON (Reuters) - Treasury Secretary Henry Paulson and members of Congress clashed on Tuesday over the best use for the $700-billion financial bailout fund, with lawmakers demanding money to stem a national wave of mortgage forec.. Read More

ECONOMY Mon Nov 17, 2008 @ 3:01pm neoform

biz.yahoo.com -- BUDAPEST, Hungary (AP) -- Hungarian lawmakers approved a law Monday setting spending limits on the state budget. The so-called "ceiling law" says Hungary's state budget expenditures in 2009 cannot exceed 2008 levels and can increase in 2010 and 2011 only.. Read More

ECONOMY Wed Nov 12, 2008 @ 6:00pm neoform

biz.yahoo.com -- TALLAHASSEE, Fla. (AP) -- Florida's revenue outlook is so bleak that lawmakers should meet in special session next month or in early January to prevent an unconstitutional budget deficit, Chief Financial Officer Alex Sink said Wednesday. House Speaker Ra.. Read More

ECONOMY Tue Nov 11, 2008 @ 3:03pm neoform

biz.yahoo.com -- LITTLE ROCK, Ark. (AP) -- Arkansas Gov. Mike Beebe said Tuesday a balanced budget proposal he plans to present to lawmakers this week probably won't go into specifics on a "rainy day fund" he wants to set aside for financial downturns. Beebe told reporte.. Read More

ECONOMY Thu Oct 23, 2008 @ 6:00pm neoform

biz.yahoo.com -- TRENTON, N.J. (AP) -- With new data showing that one in every 453 New Jersey homeowners is struggling to make mortgage payments, lawmakers in the state Assembly advanced several measures Thursday that would provide economic relief to state residents and b.. Read More

ECONOMY Tue Oct 7, 2008 @ 6:00pm neoform

biz.yahoo.com -- BATON ROUGE, La. (AP) -- The cuts needed to balance the budget in the state's Medicaid program will be deeper if lawmakers continue to delay voting on how to fill the $81 million gap, the state's health care secretary said Tuesday. Alan Levine, head of t.. Read More

ECONOMY Fri Sep 26, 2008 @ 6:01pm neoform

biz.yahoo.com -- NEW YORK (AP) -- The credit markets saw only scant signs of improvement Friday, with lawmakers still debating the bailout plan that would take $700 billion of risky assets off troubled banks' books. The credit markets are where corporate borrowers go to.. Read More

ECONOMY Thu Sep 25, 2008 @ 3:01pm neoform

biz.yahoo.com -- SALT LAKE CITY (AP) -- Utah lawmakers convened for a special session Thursday to cut $272 million from the state budget. Lawmakers passed an $11.6 billion budget in March, but a sluggish economy has left them with less revenue than they expected. State.. Read More

ECONOMY Thu Sep 25, 2008 @ 12:01pm neoform

biz.yahoo.com -- By Jason Szep NEW YORK (Reuters) - U.S. lawmakers neared agreement on a massive Wall Street bailout plan Thursday with more protections for taxpayers, but turmoil in money markets and a worsening in the U.S. economy raised questions over whether the deal.. Read More

ECONOMY Tue Sep 23, 2008 @ 6:01pm neoform

biz.yahoo.com -- By Mark Egan NEW YORK (Reuters) - Architects of a $700 billion bailout plan urged U.S. lawmakers to act swiftly or face dire economic consequences as global stock markets fell for a second day on growing concern the rescue may be delayed. Treasury Secre.. Read More

ECONOMY Fri Sep 12, 2008 @ 12:01pm neoform

biz.yahoo.com -- FLAGSTAFF, Ariz. (AP) -- Smoking and chewing tobacco in public places on the Navajo Nation remains legal after tribal lawmakers failed to override a veto of a bill that would have banned it. The veto override needed 59 yes votes to pass, but only 41 dele.. Read More

ECONOMY Mon Aug 18, 2008 @ 9:04am neoform

biz.yahoo.com -- SACRAMENTO (AP) -- California's Republican lawmakers on Sunday rejected a Democratic proposal for $6.6 billion in tax increases on the wealthy and corporations despite an offer to boost the state's rainy day fund. The failed vote now pushes California's b.. Read More

ECONOMY Fri Aug 8, 2008 @ 12:01pm neoform

biz.yahoo.com -- SANTA FE (AP) -- The Richardson administration is asking lawmakers to make health insurance mandatory for New Mexico children and allocate $58 million a year to provide coverage to more than 50,000 youngsters who lack it. The proposal is at the heart of.. Read More

ECONOMY Thu Jul 31, 2008 @ 12:01pm neoform

biz.yahoo.com -- In February, lawmakers passed a $168 billion program to juice the economy. And some say it's time to do it again. The centerpiece of the first package: sending checks to consumers to spend as they saw fit. The effort did what it was supposed to do, at le.. Read More

ECONOMY Fri Jul 11, 2008 @ 9:01am neoform

biz.yahoo.com -- WASHINGTON (AP) -- Opponents of a pilot program giving Mexican trucks greater access to U.S. highways won another round Thursday in their battle with the Bush administration. The Senate Appropriations Committee voted 20-9 to block the program, which oppo.. Read More

ECONOMY Thu Jul 3, 2008 @ 6:00pm neoform

biz.yahoo.com -- JACKSON, Miss. (AP) -- Mississippi lawmakers have passed the final version of a bill that would let coastal utility companies take over private land more quickly to improve services. Sen. Joey Fillingane, R-Sumrall, said the bill is designed to speed up.. Read More

ECONOMY Tue Jul 1, 2008 @ 3:00pm neoform

biz.yahoo.com -- RALEIGH, N.C. (AP) -- North Carolina House and Senate leaders are hammering out a budget for the new fiscal year that begins Tuesday, with negotiators still skeptical about Gov. Mike Easley's call to roll back proposed tax breaks and state employee raises.. Read More

ECONOMY Sat Jun 28, 2008 @ 9:00am neoform

biz.yahoo.com -- WASHINGTON (AP) -- When Congress reopened the government's discrimination settlement with black farmers, lawmakers budgeted just $100 million for damages. They probably should have handed over a blank check. With more than 70,000 potential claimants, the.. Read More

ECONOMY Fri Jun 20, 2008 @ 12:01pm neoform

biz.yahoo.com -- JACKSON, Miss. (AP) -- The new budget year starts July 1, Medicaid is $90 million in the hole and Gov. Haley Barbour and key lawmakers appear deadlocked over how to pay for the program. Barbour criticized House leaders Thursday for not approving a deal t.. Read More

ECONOMY Wed Jun 18, 2008 @ 6:00pm neoform

biz.yahoo.com -- PROVIDENCE, R.I. (AP) -- House lawmakers struggling to balance the state budget started debating Wednesday a $6.9 billion spending plan that eliminates programs intended to help the needy pay for soaring energy costs and cuts welfare benefits. Republican.. Read More