budget

A new report out Monday claims to solve New York City’s financial worries after the City Council approved a budget that appeared to leave schools with millions less than in previous years, prompting outcry from parents and teachers alike. Budget woes have only intensified as the summer days dwindle and the first day of school (Sept. 8) grows closer. Groups…

A group of parents and teachers celebrated a victory in court Friday after a Manhattan judge issued a temporary restraining order that blocked New York City’s school budget cuts. The group has been protesting the New York City Council’s most recent budget, arguing that it was passed in June without approval by the city’s Department of Education. A lawsuit...

While the end of the school year is usually marked with celebration and graduations, there’s already growing concern about budget and staffing cuts for the next school year. News 4’s Andrew Siff reports.

President Joe Biden announced Wednesday that his administration is on track to reduce the national deficit by $1.5 trillion in 2022, allowing the feds to pay down the national debt for the first time in six years.

New York Gov. Kathy Hochul and lawmakers are poised to use the state’s $220 billion budget to make it easier for judges to incarcerate certain people awaiting trial

Gov. Kathy Hochul on Saturday signed a $220 billion state budget that’s expected to rely on an influx of federal funds and higher-than-expected tax revenues

For now, here is what we know about the package that members of the Democratic Party-controlled state Senate and Assembly will vote on.

Policy debates include rollbacks to a landmark 2019 law that largely did away with cash bail for nonviolent offenses, as well as the potential expansion of a law for people with mental illnesses. NBC New York’s Andrew Siff reports.

New York lawmakers finally settled on an overdue deal for the state’s new budget on Thursday, one that will include a gas tax holiday for most of this year. The budget, as introduced in the Assembly, would suspend portions of the state’s gas tax for both unleaded and diesel from June 1 to Dec. 31. The state now gets about…

New York lawmakers approved stopgap legislation to help keep state government running Monday as negotiations on the overdue budget continued behind closed doors.

The budget plan is technically due by midnight, but it’s going to be late. Democrats are divided over what to do about spiking crime, bail laws and whether state health insurance should be extended to undocumented immigrants. NBC New York’s Melissa Russo reports.

President Joe Biden on Monday announced details of his 2023 budget proposal, which includes an income tax hike for billionaires.

President Joe Biden on Tuesday signed a bill providing Ukraine with $13.6 billion in additional military and humanitarian aid as part of a $1.5 trillion measure funding the U.S. government for the year

New Jersey Democratic Gov. Phil Murphy proposed a $48.9 billion budget on Tuesday. The plan boosts K-12 funding by $650 million, makes a full public pension payment for the second straight year, redistributes nearly $1 billion in property tax relief and raises overall spending by about 5% over last year’s plan. Murphy unveiled the proposal during a speech in the…

Duke Moore loves talking taxes on Tiktok (@dukelovestaxes). We brought him in to answer your questions about the approaching tax season — like whether you need to claim your cryptocurrency gains or write off those losses.

President Joe Biden has signed the National Defense Authorization Act into law, authorizing $768.2 billion in military spending, including a 2.7% pay raise for service members, for 2022

House Democrats have added paid family and medical leave, immigration law changes and a state-and-local tax break to President Joe Biden’s $1.75 trillion social services and environmental bill

President Joe Biden’s big domestic policy bill is now half its original size and being pulled apart and reconfigured as Democrats edge closer to satisfying their most reluctant lawmakers

President Joe Biden says he feels “very positive about reaching a deal on his big domestic policy bill.

Democratic Sen. Joe Manchin appears to be on board with White House proposals for new taxes on billionaires and certain corporations to help pay for President Joe Biden’s big domestic policy bill