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Federal Budget

(Credit:  Steve Tawa)

Sen. Toomey Says He’s Under ‘No Illusions’ About Deficit-Reduction Task

The committee is tasked with recommending ways in which to reduce the deficit by $1.2 trillion by Thanksgiving.

08/11/2011

Wall Street

State and Local Officials Wary Of Possible Budget Fallout From Latest Stocks Meltdown

The turmoil in financial markets could quickly filter down to the budgets of the Commonwealth of Pennsylvania and the City of Philadelphia, with officials at both levels facing difficult decisions.

08/09/2011

(Megan DeSmedt) of PennPIRG, the Pennsylvania Public Interest Research Group.  File photo provided)

Philadelphia Group Says US House Isn’t Budget-Cutting In Public’s Interest

Megan DeSmedt of the organization PennPIRG calls the US House-passed spending resolution “wrongheaded” and hopes that the Senate will take a different path.

03/01/2011