Let’s see if the money match the greades. source huffingtonpost.com school districts across the country are facing significant budget cuts, with return to pre-recession levels not expected until 2013 at best. The cuts have hit hardest in rural areas such as Keller, Texas, where the district implemented a pay-for-ride transportation system to save having to […]
According to CNN.com, the agreement reached Sunday by President Barack Obama and congressional leaders from both parties calls for up to $2.4 trillion in savings over the next decade, raises the debt ceiling through the end of 2012 and establishes a special congressional committee to recommend long-term fiscal reforms. Â Read More:
CNN.com has the full story on the  proposal approved by the House in a sharply polarized 218-210 vote.  Boehner, R-Ohio, managed to sway several members by including a provision requiring congressional passage of a balanced budget amendment to the Constitution before the debt ceiling can be extended through the end of 2012. Read More:
President Barack Obama called on the American public to pressure elected officials to work out a compromise to raise the federal debt ceiling and avoid a potentially devastating default. Â Read More:
CNNMoney reports what we all know — big federal spending cuts are on the way. However, the only thing we don’t know is whether it’s going to be $1 trillion or $3 trillion. But make no mistake — they are coming. Read More:
During the next 20 years, the Texas Department of Transportation will need $315 billion to spend on the state’s roads and freeways for maintenance and construction just to keep traffic from getting worse, according to a report commissioned by the Texas Transportation Commission. The gasoline tax, federal dollars and other fees, which provide almost all […]
Via 39online.com: HOUSTON, TX — HISD is in a tough spot. At stake, 200 million dollars from the state of Texas. It is money lost due to budget nightmares. Cuts are imminent, and last night, HISD hosted a meeting full of hundred of parents and students. “For one of my children, making the decision to […]
AUSTIN – Unless lawmakers dig deep, Texas may pull back a lifeline that keeps about 15,000 people alive. The Texas HIV Medication Program, which supplies life-sustaining anti-retroviral drugs to people with HIV or AIDS who can’t afford them, will run out of money in the next two years and be forced to cut off enrollment, […]
Residents in a community called Sunnyside near Bellfort and Scott Streets are worried about the layoffs at the Houston Housing and Community Development Department. On Friday, the department that helps in revitalizing neighborhoods cut its staff by 20 percent to cut costs. Pastor James Nash grew up on Colonial Lane, and has never been so […]
VIA KPRC LOCAL 2: The board met Thursday to discuss financial issues it will face next year. The district has a $7 million shortfall, down from what was a $30 million shortfall. “We want our teachers to have the resources they need, the principals to have the resources they need to create the kind of […]
