federal budget

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  • Regina Hosed by P3 Waste Water


    Authority Authority:
    Regina City Council has voted to proceed with a 30-year public-private partnership (P3) in which a private company would design, build, finance, operate and maintain the city’s new waste water treatment facility. The municipal administration’s rationale has been that, although a P3 will be more expensive than ...
    4 days ago
  • Dr. Bernankenstein Created a Monster, Not a Normal Economy


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    dailyreckoning.com.au / By Bill Bonner / May 20th, 2013 When a man is up to no good, it doesn’t help that he gets lucky. A fellow goes to rob your house. He finds the door unlocked. He enters without breaking. He steals everything. Mission accomplished. Later on, he is arrested for robbing a bank. He gets 10 ...
    4 days ago
  • And I bet he wants his income taxes cut too


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    Ah, the “War on Terror” has anything ever been more profitable ? O ver the last decade, former Navy Secretary Richard J. Danzig, a prominent lawyer, presidential advisor and biowarfare consultant to the Pentagon and the Department of Homeland Security, has urged the government to counter what he called a ...
    5 days ago
  • Obama”s budget: Higher, then lower deficits?


    Capitol Hill BlueAuthority Authority: 486
    Near-term U.S. deficits under President Barack Obama’s 2014 budget plan would be higher than those forecast by the Congressional Budget Office this week but would be $1.1 trillion lower over the coming decade, CBO said on Friday. The non-partisan congressional budget referee agency said that due to proposed spending ...
    6 days ago
  • Shinseki Faces Mounting Criticism Over Backlog of Benefit Claims


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    The secretary, Eric Shinseki, is being held accountable for his overwhelmed agency’s problems dealing with claims for disability compensation.        
    6 days ago
  • Business Briefing | Economic News: U.S. Posts $113 Billion Surplus in April


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    The United States government reported a rare surplus of $113 billion for April, the largest in five years.        
    2 weeks ago
  • Say goodbye to 2015/2016 income tax cuts


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    Due to a budget blowout caused by “an over-hang from the global financial crisis and strong Australian dollar”, the federal government has informally announced (drip fed via a series of casual comments in various interviews) that the income tax cuts, that were to take effect from 1 July 2015, are no longer going ...
    2 weeks ago
  • No Furloughs at Education Department Under Sequester


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    Employees at the U.S. Department of Education wont face furloughs due to the cuts from sequestration, according to a memo sent to staff late this afternoon. U.S. Secretary of Education Arne Duncan and his team think furloughing staff would make it tough to get grants to school districts, states, and universities. ...
    2 weeks ago
  • Australian income tax rates for the 2012/2013 and 2013/2014 years


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    The tax rates applicable for the 2012/2013 and 2013/2014 years are set out below. We have included the tax rates for the 2012 year (including the low-income threshold for the Medicare levy announced in the May 2012 Federal budget) at the end of the article, for your reference and convenience. The post Australian ...
    2 weeks ago
  • USD/CAD – Rises after Disappointing Canadian Employment Data


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    The US dollar is on the move against its Canadian counterpart, as the pair pushed past the 1.01 line in Friday trading. USD/CAD dropped close to the parity line on Thursday, but rebounded after strong US employment numbers on Thursday. The US dollar has gained more ground on Friday, after Canadian Employment ...
    2 weeks ago
  • Medicare Levy increase helps pay for NDIS


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    The National Disability Insurance Scheme is going to become a reality with a guaranteed financial contribution sourced directly from taxpayers, and promised contributions from the states of Australia. Bravo to the federal government, state governments and to the individuals and organisations who helped make this ...
    2 weeks ago
  • Will the Slowdown in Health Cost Growth Change the Budget Debate?


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    Upon these three facts everyone agrees:  1) After a long period of explosive increases, health cost growth has slowed markedly in recent years. 2) A share of the slowdown is partially, but not entirely, due to the recent economic slump.  3) If future medical costs continue to grow at their current low rate the ...
    2 weeks ago
  • Youre the Boss Blog: S.B.A. Budget Pits the Small Against the Less Small


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    The Obama administration has tried to reduce appropriations for Score and the small-business development centers for several years, but Congress has blocked those efforts.        
    2 weeks ago
  • Ontario Small Business Outlook: SME’s Looking to Grants & Loans


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    Tax credits , small business grants , and small business loans are all ways that Ontario businesses have received support from the province.  This year the government announced it will allocate $35 billion over three years on infrastructure projects, $100 million on projects in rural communities, invest $295 ...
    2 weeks ago
  • Senator Chris Coons Calls Out Republicans for Not Getting to a Budget Deal


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    Recall that the Senate passed its budget in March, and the House passed its budget before that -- meaning that if were finally following the "regular order" of budgeting, there should be a Senate and House Reconciliation Committee so that these two bodies can come to some agreement on a budget. That budget -- a ...
    2 weeks ago
  • Women Lawyers rep calls Jenny Macklin out of touch, throws support behind Coalition Paid Parental Leave scheme .. (audio)


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    Marius Benson spoke to Kate Ashmore, president of Australian Women Lawyers
    2 weeks ago
  • Business lobby says members disturbed by both Govt AND Oppn policies, ahead of election .. (audio)


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    Marius Benson spoke to Peter Anderson from the Australian Chamber of Commerce and Industry
    2 weeks ago
  • Obama Pays Down Debt, Smashes Republican House of Cards


    The People's ViewAuthority Authority: 128
    Oh boy. This is not good news for Paul Ryan . After four years of trillion-dollar deficits, the red ink is receding in Washington, easing pressure on policymakers and shattering hopes for a summertime budget deal. Federal tax revenue is up and spending is down thanks to an improving economy, January tax hikes and ...
    2 weeks ago
  • Federal budget outlook is improving


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    The economy is steadily improving, and now we’re seeing improvement with the US budget deficit . In February, the nonpartisan Congressional Budget Office predicted that this year’s deficit would fall to $845 billion, down from nearly $1.1 trillion in 2012. Goldman Sachs recently predicted that the deficit would ...
    2 weeks ago
  • Asst Treasurer asked why Govt keeps making promises it later has to abandon .. (audio)


    Authority Authority:
    Marius Benson spoke to David Bradbury
    2 weeks ago

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