The White House might issue cuts to Medicare and Medicaid as part of negotiations over slashing the federal budget, according to TheDailyBeast.com. It’s not clear how large the cuts would be, with the White House and Senate Democratic leaders saying they’d be contingent on the size of increases in revenue Congress would have to agree […]

Unpopular Republican Ohio governor John Kasich is proposing an $8 billion cut from his state’s 2011-13 budget. Despite the cut, reports indicate that it increases state spending by five billion dollars. The Republican-controlled state House and Senate have already passed versions of the budget. Final passage is scheduled to come at the end of the […]

Washington, D.C.– The House of Representatives voted for spending cuts Saturday, cutting $60 Billion from the budget. The House voted 235 to 189 to cut domestic projects, foreign assistance and even military programs.

VIA THE WASHINGTON POST: Mayor Adrian M. Fenty proposed an $8.9 billion budget blueprint Thursday that he said does “more with less,” eliminating hundreds of jobs and freezing employee pay raises. To close an estimated $500 million gap, Fenty would raise hourly parking meter rates in some areas by a quarter, increase the city’s 911 […]

VIA WTOP: ANNAPOLIS, Md. – Just like people bracing themselves for holiday credit card bills and the filing of taxes, Maryland lawmakers are heading to Annapolis to work on the budget. This year, it’s going to leave a mark. Just holding the line will come with a cost. “The truth is that a flat budget, […]

VIA MYFOXDC: More students could be walking to school in Fairfax County in the future, rather than riding the bus. Because of the significant drop in tax revenues, county officials have already trimmed police, fire, library, and transpiration budgets. Lee District Supervisor Jeff McKay is suggesting that school officials consider expanding the boundary distances that […]

VIA WASHINGTON POST: The largest District nonprofit organization serving victims of domestic violence has lost nearly $500,000 in city funding, leaving it scrambling for new sources of money for its programs. Christel Nichols, president of the House of Ruth, said she received an e-mail Monday alerting her that the agency would not get nearly half […]

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VIA MYFOXDC: PRINCE GEORGE’S Co., Md. – It’s the mystery many Prince George’s County employees are trying to solve. Who is next to be laid off? A source tells FOX 5 up to 150 county employees will be cut. The county says it is being forced to consider job cuts because of a 22.7 million […]

VIA WASHINGTON POST: The D.C. bookmobile will be parked, neighborhood libraries will close on Sundays and all city libraries will close on Monday holidays beginning Oct. 5 to help save $4.8 million, as the District tries to cope with its budget crunch. The library cutbacks are one of a number of service reductions that District […]

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WASHINGTON, D.C. – Budget problems will force $40 million in budget cuts by D.C. Public Schools by the end of October. The move announced Wednesday could prompt teacher layoffs and increasing class sizes. The D.C. schools budget is estimated at $700 million, and the budget ax has fallen. It’s still uncertain of the effect it […]