Budget

New Orleans Payroll Crisis Sparks Emergency Funding Push

Facing renewed concerns over its ability to cover payroll, New Orleans officials are signaling that the city may soon need additional financial assistance from the state.

AZ Budget Bombshell, Hobbs Medicaid Spending

Gov. Katie Hobbs’ new $17.7 billion budget proposal for Arizona is drawing heat for continuing what critics call an unsustainable trend of runaway general fund spending.

Refugee Funding 2026 Budget Puts Shutdown at Risk

When Congress returns next week, lawmakers will have less than a month to pass the remaining nine appropriations bills funding federal agencies for fiscal year 2026.

United Nations Adopts Tighter Budget as U.S. Demands Reform

The United Nations adopted a "leaner, better prioritized" budget for 2026 that saves $570 million and removes nearly 2,900 positions.

North Carolina State Budget Chaos, Tax Fight Freezes Deal

North Carolina lawmakers return to Raleigh this week still without agreement on a state budget nearly six months after the legal deadline passed.

Disney Stock Drop Q4, Is the Magic Finally Gone?

Disney shares tumbled nearly eight percent last week and continue to slide as Wall Street reacts to underwhelming fourth-quarter earnings.

UK Migrant Welfare Costs Soar to £10 Billion

British taxpayers are footing over £10 billion in annual welfare subsidies to migrants, with new government figures revealing that one in every six pounds spent on the country’s Universal Credit program went to foreign nationals in 2024.

Chicago Grocery Tax Budget Shortfall Looms

Bloomington has become the latest Illinois city to reinstate a one-percent grocery tax, joining hundreds of municipalities preparing for the state’s elimination of the levy in 2026. Meanwhile, Chicago could face an $80 million budget shortfall after failing to act before the October 1 deadline.

Trump Administration Dismantles CFPB Enforcement Actions

The Trump administration, under the leadership of Acting CFPB Director Russ Vought and Chief Legal Officer Mark Paoletta, has taken aggressive steps to rein in the Consumer Financial Protection Bureau (CFPB), originally created under the Obama administration with the support of Sen. Elizabeth Warren (D-MA). Describing the agency as “woke and weaponized,” Trump officials have targeted what they view as regulatory overreach and politically motivated enforcement against American businesses.

Caddo Parish 2025 Salary Budget Jumps to $22M

Caddo Parish is budgeting over $22 million for salaries in 2025, according to the latest August financial report. This marks a significant increase from the approximately $16 million paid out in 2023, reflecting broader spending across multiple departments and funding sources.

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