Posts Tagged ‘deficit’

Cochran reaches out to unions, blacks for runoff votes

WASHINGTON — Six-term Republican Sen. Thad Cochran is trying to survive an intense tea party challenge in Mississippi by reaching out to union members and black voters — two groups that traditionally support Democrats. But he risks a backlash from conservatives ready to support his opponent, state Sen. Chris McDaniel. Even as Cochran is running […] [...]

Cochran, McDaniel exchange jabs on federal spending, deficit

HATTIESBURG — Mississippi’s two Republican candidates for U.S. Senate are beginning to fire directly at each other, even as party officials prepare to make their runoff official. Six-term incumbent U.S. Sen. Thad Cochran visited Forrest General Hospital and the University of Southern Mississippi in Hattiesburg today, highlighting both as programs he’s helped finance. Cochran says […] [...]

Facing deficit, city to layoff workers, freeze pay raises

CLINTON — The city of Clinton, faced with a year-end deficit and more than $400,000 in leftover expenses from 2013, is cutting its fiscal 2014 budget by more than $1.1 million. The Clarion-Ledger reports that the city will be laying off at least eight employees and giving no raises. Mayor Phil Fisher says the steps […] [...]

Public hearing scheduled to discuss budget with no tax increase

GULFPORT — The city council plans a Sept. 3 public hearing on a 2014 budget proposal that includes no tax increase and holds spending at about $53 million for the general fund. The Sun Herald reports the proposal projects a deficit of more than 106,000 by the end of fiscal year 2014, less than half […] [...]

City officials facing nearly $3M deficit; must cut expenses

GULFPORT — Gulfport officials must cut expenses for the coming year to avoid a potential budget deficit of $2.8 million. A majority of council members said during the first work session on the budget yesterday the economy is too bad to subject residents to a tax increase. Revenue is stagnant, and federal grant funding for […] [...]

Coast city officials wrestle with $600K budget deficit

OCEAN SPRINGS — The city of Ocean Springs is looking at possible fee increase or reductions in spending to address a projected $600,000 deficit in next year’s budget. The Mississippi Press reports City Clerk Shelly Ferguson outlined alternatives for the board of aldermen this week. The board asked Ferguson to come back in April with […] [...]

County supervisors wrestling with $1.4M deficit

by Published: January 9,2012

Tags: budget, county government, deficit, tax collections

MADISON COUNTY — Madison County supervisors are facing a projected $1.4 million deficit. The Clarion-Ledger reports the potential shortfall is not tied to the county’s general operating fund. President John Bell Crosby says the deficit is directly related to road projects in one form or another. The amount of the deficit is tied to what […] [...]

Delta Council joins letter to President about deficit reductions

STONEVILLE — Delta Council was a co-signer, along with other national and regional commodity organizations, on a letter to President Obama, Majority Leader Reid, and Speaker of the House Boehner expressing strong opposition to any deficit reduction package that would disproportionately impact American agriculture and rural communities. “We are deeply concerned about any requirements that […] [...]

Government to report on $1 trillion-plus deficit

by Published: October 15,2010

Tags: deficit, economy

WASHINGTON – The Obama administration is set to report Friday that the federal budget deficit exceeded $1 trillion for the second straight year, providing critics of government spending with fresh ammunition ahead of the midterm congressional elections. The Congressional Budget Office is projecting that the deficit for the 2010 budget year that ended Sept. 30 […] [...]

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