How will the House vote on the deal negotiated by the White House and GOP leaders? If they reject it, there are political as well as huge economic risks to debt standoffs in Congress.
Delivered against a background of rising inflation, increasing interest rates and huge global uncertainties, Labor’s first budget will also contain $33 billion in extra funding for pensions and payments.
The treasurer’s Tuesday’s appearances were his first after receiving a major rebuff when Anthony Albanese at the weekend quashed any prospect of rejigging the Stage 3 tax cuts in the budget.
State and local government jobs are being axed, public schools won’t get money the state planned to send them, and fire and police departments budgets are being slashed. All because of the pandemic.
ABC’s decision to ax its radio coverage of the 2020 Tokyo Olympics has been labeled a ‘complete shame’. But from a financial viewpoint, the broadcaster had few other options.
In 2018, domestic numbers for undergraduate courses fell for the first time since 2013 – they will remain stagnant for some years. This and other factors put unis at face financial risk.
How did Alaska, one of the richest states in the Union, end up with budget cuts that lawmakers on both sides say could wreck the state’s future? One answer’s found in three letters: PFD.
Post-World War II California built an unrivalled system of higher education combining access, affordability and choice. Then a contraction of the vision came in the 1980s.
With some tinkering, a federal tax credit that encourages developers to create new units that low-income Americans can afford to rent might yield other benefits.
Research dollars don’t stay locked up in academia and government labs. R&D collaborations with the private sector are common – and grow the innovation economy.
Misleading stereotypes help explain why the share of families living in poverty who benefit from a core assistance program has plummeted – and why Trump wants new cuts.
Cutting the program formerly known as food stamps would hurt low-income Americans and the whole economy. As research indicates that it’s working well, this drive to defund is baffling experts.
David Campbell, Binghamton University, State University of New York and Kristina Marty, Binghamton University, State University of New York
The best way to assess a program’s effectiveness is see how well it meets the goals for which it was created. Maybe someone could tell the Trump administration.
What are research dollars actually spent on? Rather than looking at artifacts like publications and patents, a new initiative directly tracks the people and businesses that receive research funding.
Daniel Wirls, University of California, Santa Cruz
Trump’s first budget proposal would boost defense spending by US$52 billion, but his desired military buildup is premised on misleading claims and lacks a strategic vision.