Iraqi budget constraints create challenge in equipping of its forces, US commander saysSeptember 30th, 2009 US: Iraq budget constraints security challengeBAGHDAD — A top U.S. commander says Iraq's budget shortfall due to low oil prices is creating a challenge in training and equipping Iraqi forces.
University of California students, professors, workers rally to protest budget cutsSeptember 24th, 2009 UC students, faculty, workers protest budget cutsBERKELEY, Calif. — Students, professors and other employees at the University of California's 10 campuses are rallying to protest deep budget cuts that have led to layoffs, furloughs, course reductions and higher fees.
Budget woes force layoffs at evangelical group Focus on the FamilySeptember 2nd, 2009 Budget woes force Focus on the Family layoffsCOLORADO SPRINGS, Colo. — Conservative Christian group Focus on the Family is laying off 8 percent of its work force.
White House, Congress both predict $1.6 trillion deficit, differ on longer-term shortfallAugust 25th, 2009 Congress projects smaller deficit than White HouseWASHINGTON — Congressional budget analysts project a cumulative $7 trillion deficit from 2010-2019, a figure roughly $2 trillion less than the one projected by the White House budget office. The nonpartisan Congressional Budget Office, in a report that came out on the same day as the White House midyear budget review, said the deficit this year will total $1.6 trillion and that putting the nation on a sustainable fiscal course will require a mix of lower spending and higher tax revenues than the amounts now projected.
Don Wildmon, founder of Christian right group AFA, hospitalized in critical conditionAugust 17th, 2009 Founder of Christian right group AFA hospitalizedTUPELO, Miss. — The Rev.
Conservative Christian group Focus on the Family suffers 'serious budget shortfall'August 12th, 2009 Evangelical group faces 'serious' shortfallDENVER — A "serious budget shortfall" at Focus on the Family has prompted the conservative Christian group to issue a special fundraising plea, and contributed to a decision to cede control of its contentious "Love Won Out" conferences about homosexuality to another religious organization, a spokesman said Tuesday. Focus on the Family, founded by child psychologist James Dobson, is on pace to fall $6 million short of a $138 million budget for the fiscal year that began last October, spokesman Gary Schneeberger said.
NY economy still sinking; Paterson says $2.1B deficit means 'difficult choices' aheadJuly 30th, 2009 NY economy still sinking, deficit at $2.1BALBANY, N.Y. — New York's economic slump continues, with the state's 100 wealthiest taxpayers so far reporting half the earnings of a year ago and sales tax revenues dropping by a historic amount, a state budget report released Thursday shows.
No more stimulus needed: Planning Commission Deputy Chairman Montek Singh AhluwaliaJuly 21st, 2009 NEW DELHI - India's corporate sector does not need any more stimulus packages, Planning Commission Deputy Chairman Montek Singh Ahluwalia said here Tuesday. "The budget includes very significant boost in plan expenditure and investment.
Calif. lawmakers report progress on negotiations to close $26B gap but tough choices aheadJuly 13th, 2009 Calif. lawmakers: Deal elusive despite progressSACRAMENTO, Calif. — California's legislative leaders are reporting progress with Gov.
Budget is anti-farmer: ChouhanJuly 6th, 2009 BHOPAL - Describing the union budget as anti-farmer and disappointing for the common man, Madhya Pradesh Chief Minister Shivraj Singh Chouhan Monday said the central government has not shown sincere intention to curb rising prices and counter economic slowdown. "This budget is going to compound the problems of the common man who is already facing the brunt of economic slowdown," Chouhan said in a statement.
BJP calls budget 'routine', CPI 'inconsequential'July 6th, 2009 NEW DELHI - The main opposition Bharatiya Janata Party (BJP) Monday described the 2009-10 budget presented by Finance Minister Pranab Mukherjee as routine while the Communist Party of India (CPI) termed it as inconsequential and not addressing the real economic issues. It is a routine budget.
Gov. Schwarzenegger's testicle gag receives chilly reception from Calif. Senate leaderJune 19th, 2009 Gov. Schwarzenegger's testicle sculpture a flopSACRAMENTO, Calif. — It was a gift no girlie man would give.
Orissa to swap power to meet shortfallFebruary 25th, 2009 BHUBANESWAR - Power trader PTC India will swap power with Orissa to help it overcome the power shortage it is facing currently, an official said Wednesday. PTC - formerly Power Trading Corp of India - will supply about 150 MW daily to Grid Corp of Orissa (Gridco), the bulk supplier of electricity in the state.
Karnataka revenue declines by 50 percent for FY 2009February 21st, 2009 BANGALORE - The economic slowdown has severely impacted Karnataka, resulting in a steep 50 percent decline in its revenue surplus as against the budget estimates for this fiscal 2008-09 (FY 2009). 'The revised estimate of revenue surplus is Rs.767 crore (Rs.7.67 billion) as against the budget estimates of Rs.1,527 crore (Rs.15.27 billion) for 2008-09, which is a decline of 50 percent,' Chief Minister B.S.
Budget fails to address recession: opposition partiesFebruary 15th, 2009 NEW DELHI - The interim budget presented by External Affairs Minister Pranab Mukherjee had failed to address the economic recession, most opposition parties, including the Bharatiya Janata Party (BJP) and the Left, said Monday. Communist Party of India-Marxist (CPI-M) leader Basudeb Acharya said the budget did not address the key issues facing the country.
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