Political parties
The recently passed biennial state budget gives K-12 education an additional $1.4 billion, with over $500 million more in general special education funding. This includes a reimbursement rate increase from 33% to 42% in the first year and to 45% in the second, making it the largest special education
Legislative bills
In a closely watched vote, the U.S. Senate has passed a major budget bill that cuts federal assistance programs and partially pays for the extension of large tax cuts, weighted toward the wealthy. The bill, which increases the national debt by more than $3.2 trillion over the next
Political parties
The proposed budget bill put forth by the Republican party, supported by President Trump, would have devastating effects on working families and the environment. According to the nonpartisan Congressional Budget Office, the bill would cause 17 million Americans to lose their health coverage, including seniors, children, and people with disabilities.
Political parties
Wisconsin Governor Tony Evers and Republican leaders in the Legislature have reached a budget agreement that could give the University of Wisconsin its biggest boost in two decades. The deal, announced Tuesday, includes a $256 million increase in state aid, which must be allocated under two new formulas that prioritize
Political parties
Wisconsin Governor Tony Evers and Republican lawmakers announced a bipartisan deal on a two-year budget that cuts income taxes, increases funding for the Universities of Wisconsin, and raises taxes to fund transportation projects. The deal, reached after the June 30 deadline, largely targets the middle class and retirees for tax
Political parties
As the nation's only New England Republican in Congress, Sen. Susan Collins (R-ME) has been at the forefront of the Senate's debate over President Donald Trump's budget bill. The bill, which seeks to extend tax cuts for the wealthy and increase spending on national
Legislative bills
Sen. Susan Collins, R-Maine, could cast the pivotal vote on a sweeping budget bill being pushed by Pres. Donald Trump and congressional Republicans. The bill would extend tax cuts, boost border security, and strip health care coverage and food support from millions of Americans. Collins has expressed concerns about the
Public finance
According to new estimates from the Congressional Budget Office, Senate Republicans' version of President Trump's spending package would push 11.8 million Americans off insurance by 2034. The legislation would also slash federal spending on Medicaid, Medicare, and Obamacare by $1.1 trillion over the same period,
Cabinet officials
The Punjab Assembly has approved a tax-free budget worth Rs5.33tr for the fiscal year 2025-26 with a majority vote. The budget, presented by Finance Minister Mujtaba Shujaur Rehman, focuses on development, with 18 new projects allocated funds across various sectors. The budget does not impose any new taxes and
Public finance
The National Assembly on Thursday approved the Rs17.57 trillion federal budget for the fiscal year 2025-26, with certain amendments, rejecting opposition calls for public consultation. The budget features a raft of tax reforms, revenue measures, and government spending plans for the coming year. Finance Minister Mohammad Aurangzeb moved the
Cabinet officials
Pakistan's parliament has approved the Finance Bill 2025, greenlighting the Rs17.57 trillion federal budget for the next fiscal year. The budget has been welcomed by key opposition party PPP, which has pledged to support the government's proposals, including an increase in the budget for the
Public finance
Arizona's government teeters on the edge of a historic shutdown as Governor Katie Hobbs vetoes two budget packages drafted by Republican lawmakers in the House of Representatives. The vetoes have sparked a frenzied push among House Republicans to pass a separate, continuation budget that would extend current spending
