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Lawrence Summers: 'Now is not the time for austerity'
The economics commentariat and no small part of the political debate have been consumed recently with the controversy surrounding the work of my Harvard colleagues (and friends) Carmen Reinhart and Ken Rogoff. Their work had been widely interpreted as...Tags: The Washington Post, Finance, Economy, Business and Finance, Lawrence Summers, Harvard University
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Isle of Wight supervisors drop proposed real estate tax increase below 10 cents
An end is in sight for work on the Isle of Wight County 2014 budget after county staff nudged the Board of Supervisors along at Monday's work session. The supervisors have worked through potential budget cuts, ways to raise revenue and funding boosts...Tags: Finance, Budgets and Budgeting, Services and Shopping, Economy, Business and Finance, Real Estate
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ACLU: Allentown School District walking a fine line in advising students
The day before an emotionally charged Allentown School Board meeting in March, Allen High School's student representatives were pulled into a meeting with an administrator many of them had never met. The message that Chief Academic Officer Tina...
Tags: Allentown, Politics, American Civil Liberties Union, Separation of Church and State, Students
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U.S., world on brink of economic disaster
President Barack Obama recently took a salary cut. The Telegraph from England reported, "President Barack Obama has pledged to return $20,000 of his salary in a gesture of solidarity with government workers forced to take unpaid time off work due to...Tags: National Government, Politics, Budgets and Budgeting, Bethlehem Township (Bethlehem, Pennsylvania), Government
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Regents Will Dip Into Reserves To Close Shortfall
Faced with a persistent $5.5 million shortfall, the state Board of Regents for Higher Education will likely tap their reserves fund to help balance the budget of the 100,000-student system. Recently, the state board has been increasing spending on part-...Tags: Budgets and Budgeting, Dannel P. Malloy
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California tax revenue yields multibillion-dollar surplus
SACRAMENTO — California has been flooded with revenue this tax season and is on track to finish the fiscal year with a surplus of billions of dollars, according to officials. State coffers contain about $4.5 billion more than expected in...
Tags: Finance, Jerry Brown, Crime, Law and Justice, Politics, University of California, Los Angeles
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Europe has no exit
WASHINGTON -- For most Americans, Europe is out of sight and out of mind. We figure that the worst of its debt crisis has passed. Italy has a new government. To mute social unrest, some countries are slightly relaxing austerity policies. The European...
Tags: Unemployment, National Government, Finance, Politics, Labor Markets
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Bill to end sequester's air travel delays flies through Congress
WASHINGTON — Congress approved a quick fix Friday to end the flight delays snarling the nation's airports, and President Obama will sign the bill when it reaches the White House, showing how swiftly compromise can be found when powerful interests...
Tags: Budget Control Act of 2011, Washington, DC, Justice System, Tom Latham, Barack Obama
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UTC First Quarter Earnings Up 6 Percent, Beating Expectations
The Hartford CourantUnited Technologies Corp. on Tuesday beat analyst expectations by reporting a 6 percent increase in earnings per share for the first quarter ending March 31. The Hartford-based company — which includes Pratt & Whitney, Sikorsky, UTC Aerospace...Tags: Louis R. Chenevert, Military Equipment, Companies and Corporations, Earnings, NYSE Euronext, Inc.
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Glastonbury School Board Makes $800,000 In Cuts
The Hartford CourantThe school board, hoping to limit the effect of $800,000 in required budget cuts on educational programming, reducing funding for teaching positions, security guards, health insurance and teacher benefits. The board cut several secondary positions,...Tags: Health Insurance, Budgets and Budgeting, Health and Safety at School, Teaching and Learning, Schools
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Flight delays rise on first business day after federal cuts begin
On Monday, the first business day after budget cuts forced the furlough of air traffic controllers, the on-time performance of the nation's airlines dropped nearly 10%. That was a finding based on statistics compiled by Flightstats.com, a website that...
Tags: Federal Aviation Administration, Air Transportation Industry, Layoffs and Downsizing, Air Transportation Delays
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Air travelers begin feeling the effects of sequestration
Sequestration is starting to frustrate air travelers. About 400 flights were delayed Sunday because of air traffic controller furloughs, the Federal Aviation Administration said, and a few more interruptions were reported Monday at Los Angeles...
Tags: Budget Control Act of 2011, Budgets and Budgeting, Air Transportation, Trips and Vacations, Travel
May 6, 2013
|Story| Allentown Morning Call
May 6, 2013
|Story| Hampton Roads Daily Press
May 5, 2013
|Story| Allentown Morning Call
May 8, 2013
|Story| Allentown Morning Call
May 8, 2013
|Story| Hartford Courant
May 2, 2013
|Story| Los Angeles Times
May 2, 2013
|Column| Orlando Sentinel
Apr 26, 2013
|Story| Los Angeles Times
Apr 23, 2013
|Story| Hartford Courant
Apr 22, 2013
|Story| Hartford Courant
Apr 23, 2013
|Story| Los Angeles Times
Apr 23, 2013
|Story| Los Angeles Times
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