It’s an arcane budget term, but the sequester, is set to fundamentally reshape federal spending in ways that could set the economy on a path back to recession. The sequester is the beginning of a scheduled decade of financial austerity like has been seen in Europe in recent years.
Governor Rick Scott unveiled his spending priorities for the coming year Thursday with the release of his annual budget recommendations.
The outline of a deal to avoid the so-called “fiscal cliff” is reportedly been made in the Capitol with just hours to go until the end of 2012.
The U.S. is set to go over the much-hyped “fiscal cliff” on January 1 and the intransigency of both parties looks like it will push the country over the edge. The big winner of the looming tax hikes though could be President Obama if he wins re-election in November.
The recently released tape of Romney speaking to donors at a closed door fundraiser has exposed Mitt Romney to, in fact, be the person Democrats have portrayed him to be: a rich, out of touch, arrogant man that has no respect or connection to the American middle class and absolutely no interest in making the American middle class stronger.
A new budget forecast released this week by state economists shows the state is expecting in 2013 to bring in enough money to meet its needs for public schools and health care programs, with $1 billion still left for reserves.
When it comes to the economy, Floridians remain reasonably optimistic despite possible setbacks that are on the horizon.
Obama’s latest speech on tax cuts for the middle class is just a retread of his tired class warfare rhetoric and strategy.
Likely Republican presidential nominee Mitt Romney finally began revealing some of his plans for paying for massive tax cuts and naming which government agencies he plans to close if he wins the White House in November.
President Barack Obama paid his second visit to South Florida in the last month Tuesday for a pair of fundraisers and a speech to students at Florida Atlantic University.