Tennessee Governor Bill Lee delivered his seventh State of the State Address on Monday in the House Chamber of the Tennessee State Capitol where he laid out his $59.5 billion budget proposal for Fiscal Year 2025-2026.
Read the full story
President Joe Biden’s budget proposal seeks to set aside billions of dollars to push progressive gender, sexuality and race ideology at home and around the globe.
Released this week, the $7.3 trillion budget also proposes spending hundreds of millions of taxpayer dollars to train school teachers in diversity, equity, and inclusion dogma.
Read the full story
Michigan’s online charter public schools have a 20% decrease in spending in Gov. Gretchen Whitmer’s 2023-24 budget proposal.
The second-term Democrat’s fiscal plan unveiled Wednesday includes a 5% increase for traditional public school online teaching.
Read the full story
Connecticut Gov. Ned Lamont is pitching a plan to cut state income taxes for middle-class workers as part of his budget plan for the next fiscal year.
Lamont’s proposal, unveiled Monday, calls for permanently lowering the personal income tax rate on single filers’ first $10,000, and $20,000 for joint filers of adjusted gross income from 5% to 4.5%, and the rate on income up to $50,000, and $100,000 for joint filers from 3% to 2%, beginning in 2024. The move, if approved, is projected to save taxpayers $440 million annually.
Read the full story
President Joe Biden unveiled a new 2023 budget proposal Monday along with major tax increases to help pay for it.
Biden’s budget, which comes in at about $5.8 trillion, is not expected to become law, but presidential budgets help set the legislative priorities for the year to come.
Read the full story
Tennessee Gov. Bill Lee’s $52.6 billion budget proposal uses $8.9 billion more in general fund dollars than the state’s current budget, according to an analysis from The Sycamore Institute.
The additional spending comes from multiple sources. A large portion is from excess taxes and fees collected over the past three years and an influx of federal funds.
The Sycamore Institute pointed to $5.2 million more in funds available this fiscal year than what was budgeted in July, including a $2.3 billion surplus from fiscal year 2021 and $2.3 billion more in surplus from fiscal 2022.
Read the full story
Sixteen Republican state attorneys general are calling on Secretary of State Antony J. Blinken to take action against China and Mexico for their role in creating a fentanyl crisis in the U.S.
“China’s complete unwillingness to police the production and distribution of fentanyl precursors and Mexico’s subsequent failure to control illegal manufacturing of fentanyl using those precursors,” the attorneys general argue, poses a daily threat to Americans.
West Virginia and Arizona are leading the effort. Joining them are the attorneys general of Alabama, Alaska, Arkansas, Florida, Georgia, Indiana, Kansas, Kentucky, Mississippi, Missouri, Montana, South Carolina, South Dakota and Texas. They say they’ve witnessed an “extraordinary tide of senseless death from fentanyl” in their states.
Read the full story
After Governor Ralph Northam made a number of proposals to the state’s biennial budget on Wednesday, several Republican legislators rebuked the Democrat’s recommendation to expand the Virginia Court of Appeals and claimed he was trying to pack the court.
Northam presented his budget proposals during a virtual meeting with the House of Delegates and Senate appropriation committees.
Read the full story
Ohio House Democrats are raising concerns over the “fiscal stability” of Republican Gov. Mike DeWine’s $69 billion budget proposal released Friday. House Minority Leader Emilia Strong Sykes (D-Akron) said that while her caucus was “encouraged by the governor’s commitment to supporting Democratic policies of investing in families, maintaining access to quality, affordable health care, and cleaning up Lake Erie,” she had concerns about the proposal’s “fiscal stability.” “We have serious concerns regarding the fiscal stability of the current proposal. We can’t build a budget on broken economic assumptions or wishful thinking. We need to be honest and realistic about where new spending comes from,” she continued. Rep. Jack Cera (D-Bellaire), the House Democratic budget panel leader, said he was “heartened that the governor is stepping up on a number of issues Democrats have been pushing,” but had similar concerns about its “fiscal assumptions.” “That promise is sacred, and it can’t be built on shaky economic ground or faulty fiscal assumptions. The governor is proposing investments, but it’s unclear where the additional spending will come from,” he said. Cera went on to claim that “investing in education and children is important,” but the state needs “to be realistic about [its] fiscal…
Read the full story
Gov. Mike DeWine (R-OH) released his first two-year budget proposal Friday morning in what he is describing as a $69 billion investment in “Ohio’s future.” “As I shared in my State of the State address, the Bible tells us that there is a time and a place for everything. Now is the time for us to invest in Ohio,” DeWine said in a letter addressed to his “fellow Ohioans.” “We must invest in our children to help our youngest Ohioans get the best start in life. We must invest in efforts to fight mental health and substance use disorders so our fellow Ohioans can lead fulfilling, healthy lives. We must invest in Ohio’s workers and in innovation and technology that spurs job creation so our families can prosper. And, we must invest in preserving and protecting Lake Erie and all of Ohio’s waterways, so that all Ohioans have access to clean water and our outdoor spaces are preserved for generations to come,” he continued, touching on the main priorities of his budget. While the proposal places a significant emphasis on mental health and child support services, DeWine identified five core areas for his budget, including: Children and Families Local Communities…
Read the full story
Gov. Tim Walz (D-MN) unveiled his highly anticipated budget proposal for the 2020-2021 biennium at a press conference Tuesday afternoon. When all is said and done, the two-year budget registers at $49.5 billion with no cuts to any existing spending. “I’ve often said that a budget is far more than a fiscal document; it’s a moral document. This budget reflects the morals and values of the people of Minnesota. This is the budget that Minnesotans voted for in historic numbers in November,” Walz said during his lengthy address. Walz said his proposal prioritizes three core areas: education, health care, and “community prosperity.” For the first, Walz proposed a three percent followed by a two percent increase in education spending, which is roughly $523 million more. “While some schools have turf fields and a stadium, another school is trying to pass a referendum to fix a leaky roof,” he said. “As a former teacher, I’ve seen firsthand the power of investment in a child.” He went on to lay out a number of health care proposals, including a “OneCare Minnesota” public buy-in option, and the continuation of the two percent provider tax, which Republicans would like to let expire at…
Read the full story