Canada's Carney survives crucial vote on his 1st budget
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Mayor Brandon Johnson's $16.6 billion spending plan for 2026 was dealt a major blow on Monday, as a key City Council committee voted down his plan for roughly $600 million in new taxes.
The plan, which must win the support of the PA House and Senate, would send more money to the poorest schools and end the state’s participation in a key climate program.
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Cuyahoga County banking on rebounding sales tax to offset 2026-27 budget gaps, added requests
Cuyahoga County is nudging up projections for its sales tax revenues to offset added costs and balance the budget for 2026 and 2027.
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Pennsylvania lawmakers, Shapiro expected to pass $50 billion state budget after months of delay
Pennsylvania lawmakers are advancing a $50 billion spending package to end a four-month budget stalemate that has held up billions for public schools and social services.
Finances might feel tight now, and that is unlikely to change in 2026 with signs of inflation remaining high and new tariffs potentially increasing costs.
Passed with a 156-47 vote in the House and a 40-9 vote in the Senate, the $50.1 billion package, Gov. Josh Shapiro signed the plan Wednesday, ending a more-than-four-month impasse.
The U-turn also makes the chancellor’s task at the Budget all the more treacherous for the UK economy. Reeves still needs to find as much as £30bn to meet her main fiscal rule to balance the current budget by 2029-30 and substantially improve her existing,
Chancellor of the Exchequer Rachel Reeves is poised to unveil a new levy on milk-based beverages in her upcoming budget. Reeves scrapped plans Friday to raise income tax rates after updated forecasts showed the public finances were £10 billion (approx.