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MECHANIC FALLS -- Council members, after expressing some displeasure with the increase proposed in next year's school budget for RSU 16, on Monday signed the warrant calling for a public hearing Wednesday, May 11, on the budget.
Peter Ford said he thought, following revelations a week ago that the actual increase in health insurance premiums were significantly less than estimates used when the budget was prepared, the School Committee would have cut at least the $70,000 that school officials claimed the lower-than-estimated rates would save the district.
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House sets vote on balanced-budget bid WASHINGTON -- House GOP leaders have scheduled a vote next week on a constitutional amendment that would require a balanced federal budget. But they're shelving a version of the amendment that tea party activists favored. Instead, the Republican leaders are pressing for Democratic votes in hopes of actually passing the measure. That's what happened in 1995. It still faces a decidedly uphill battle, even though Republicans control the House with larger numbers than they had in 1995. Senate rejects EPA block WASHINGTON-- The Democratic- controlled Senate on Thursday rejected a Republican bid to block new controls on power-plant pollution that blows downwind into other states. By a 56-41 vote, senators defeated a resolution by Sen. Rand Paul, of K...
The vote was 10-8, with all committee Democrats favoring appeal and all Republicans oppo...
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Obama and Gates have set up a big political battle over proposed cuts in purchases of key weapon systems ranging from the F-22 fighter to the Navy's planned Zumwalt-class stealthy destroyer and ballistic missile defense systems. According to budget estimates released by Rep. John Spratt (D.-S.C), chairman of the House Budget Committee, the real Bush Pentagon budget for 2009 - counting the supplemental war budget - was that $647 billion.
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WASHINGTON - Two of the central promises of President Barack Obama's health care overhaul law are unlikely to be fulfilled, Medicare's independent economic expert told Congress on Wednesday.
The landmark legislation probably won't hold costs down, and it won't let everybody keep their current health insurance if they like it, Chief Actuary Richard Foster told the House Budget Committee. His office is responsible for independent long-range cost estimates.
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ALLENDALE -- Ending side-yard trash pickup would scrape up about $75,000 toward a $661,000 budget gap, Councilwoman Susan LaMonica said last week.
The council committee finance chairwoman estimates borough expenses will rise about 2.2 percent, or $278,000, and revenue will fall about $383,000.
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WASHINGTON, March 7 /U.S. Newswire/ -- Sen. Olympia J. Snowe (R- Me.), chair of the Senate Committee on Small Business and Entrepreneurship, submitted her views and estimates to Senate Budget Committee Chairman and Ranking Member Judd Gregg (R-N.H.) and Sen. Kent Conrad (R-N.D.) on the President's Fiscal Year 2007 budget request for the Small Business Administration (SBA). Snowe is concerned that the President's Fiscal Year (FY) 2006 Budget includes a 25 percent reduction for the agency's core loan and technical assistance programs for the next six years.
For too long, our nation's small businesses have borne the burden of our continuous under funding of the SBA. I believe the time has come to provide the SBA with the necessary funding its programs need to reach their full potential ...
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WASHINGTON -- Increasing costs for the war in Iraq promise to erase improvements in the federal deficit forecast by the Congressional Budget Office, a key congressman said Wednesday.
Rep. John Spratt, D-S.C. and chairman of the House Budget Committee, said the new estimates likely underestimate the costs for both the war Iraq and Afghanistan.
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WASHINGTON The federal government's tab for hurricane relief and rebuilding efforts is likely to come to less than $150 billion, Congress' top budget analyst said Thursday, an amount significantly less than original guesstimates tossed about in the immediate aftermath of the disaster.
Congressional Budget Office Director Douglas Holtz-Eakin told the House Budget Committee that his agency now estimates damage to homes, government buildings, oil refineries and businesses will total between $70 billion and $130 billion. Of that, at least $40 billion is covered by private insurance, he said.
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WASHINGTON - The federal government's tab for hurricane relief and rebuilding efforts is likely to cost less than $150 billion, Congress' top budget analyst said Thursday, an amount significantly less than estimates tossed about in the immediate aftermath of the disaster.
Congressional Budget Office Director Douglas Holtz-Eakin told the House Budget Committee that his agency now estimates damage to homes, government buildings, oil refineries and businesses will total between $70 billion and $130 billion. Of that, at least $40 billion is covered by private insurance, he said.
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Milwaukee Area Technical College officials projected this week that the school would have to increase its tax levy between 5.75% and 8.5% for the next fiscal year, a higher increase than last year's 4.9% rise.
College officials presented the figures at a finance committee meeting. These are estimates; the appointed board is scheduled to approve a final budget in June.