From WTOPNews.com: Maryland Senate OKs budget to address a $3B deficit with concerns about Trump administration cuts

From WTOPNews.com: Maryland Senate OKs budget to address a $3B deficit with concerns about Trump administration cuts
From WTOPNews.com: Democrats likely to reject ‘the vast bulk’ of Youngkin’s budget amendments
#LeftFootForward | Why austerity is a political choice not an economic necessity
"Progressive taxation, equitable distribution of income and wealth did not get any mention in the Chancellor’s statement. No steps have been taken to reduce billions of subsidies handed to banks, oil, gas, auto, steel, internet and other companies. A relentless squeeze of the less well-off won’t help with rejuvenation of the economy. "
https://leftfootforward.org/2025/03/why-austerity-is-a-political-choice-not-an-economic-necessity/
Will the election-year budget lead Labor to victory? - have a look at my Australian budget overview in Polish for SBS Radio Polska!
We look at: the global and domestic circumstances
Labor's gambit away from a coalition government with the Greens
LOLing at liberals by announcing a tax cut first
cost-of-living mitigating measures
continuation of the Future Made in Australia
how unlikely it will satisfy anybody fully
House CMTEs will be asked to cut at least $2T in spending from safety-net prgms. Senate CMTEs might be directed to find a few billion$ in saving -possible to write a final pkg can bridge the diff.
Many conservatives: once a #budget with bare-bones Senate instructions is approved, ldrs will ultimately settle on a less ambitious pkg of cuts -relying on Trump -to muscle it through. HSE House would simply waive its more ambitious budget targets in the rule.
#Austerity #USPol https://www.politico.com/news/2025/03/30/gop-budget-house-vs-senate-00258076
"Chancellor Rachel Reeves’ speech, delivered on Wednesday 26th March, laid out a series of welfare cuts and a hefty boost to defence spending, but little in the way of support for local authorities."
"London boroughs receive around 28% less funding per person compared to 2010."
#politics # #fascism #corruption #alt #budget #musk #elonmusk #doge #oligarchy #socialsecurity
Heather Cox Richardson Destruction of Social Security Accelerating
3/27/25
#auspol #Economy #Budget #Election2025
Time will tell how true this is. I not real happy, could have done a few more, really beneficialoves, but overall good, given the amount of debt and structural problems inherited from 10 years of damage bt #LyingNastyParasites.
Tell me this is not all at the direction of #putin. The #Trump administration has terminated more than 5,300 #grants and #contracts managed by the U.S. Agency for International Development #USAID worth more than $27 billion, according to a document obtained by POLITICO. https://www.politico.com/f/?id=00000195-d4ba-dc7d-add5-f6fe93e40000 #foreign #aid #statedepartment #budget #vaccines #food #healthcare #HIV #AIDS
Really worth watching this clear analysis of Reeves’ Spring Statement, showing that it is deeply flawed. It hinges on maintaining high interest rates to attract foreign investors, but this will in effect bankrupt the UK economy
#UKPolitics #SpringStatement #Budget https://mas.to/@RichardJMurphy/114233131738005285
From AP.com: Florida lawmakers defy DeSantis in rift over state budget
#SpringStatement Honest, our future is safe in the hands of Rachel from accounts & Starmer from the Tory shires.
#UKPolitics #Economics #Budget #Taxes #Benefits #Reeves #Starmer #Labour
https://www.theguardian.com/uk-news/2025/mar/26/reeves-accused--balancing-books-back-of-uk-poorest-spring-statement?CMP=Share_AndroidApp_Other
Tax cuts for people earning less then 40k or whatever the second bracket is vs people who own 2-4 cars and probably not in that tax bracket. My gut feeling is this is just a #fossilfuel handout. #lnp #budget #theguardian #emilywind
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Angus Taylor says Coalition would repeal Labor tax cuts in favour of ‘temporary, targeted’ cut to petrol prices https://www.theguardian.com/australia-news/live/2025/mar/27/australia-politics-live-fuel-excise-cost-of-living-tax-cuts-salmon-election-anthony-albanese-peter-dutton-ntwnfb?CMP=Share_iOSApp_Other
Chalmers budget is gonna do sweet fk all for my cost of living, the 2 kids just ate a kilo of berries in 2 days!! I’m bleeding out here!! #budget