July 14, 2025

budget

Funds

Unclaimed state funds could go towards Nationwide Arena renovations

COLUMBUS, Ohio (WSYX) — The home of the Columbus Blue Jackets could be getting a major ‘slap shot’ renovation in the coming years, and could partially be funded through unclaimed funds in the state’s biennial budget. Nationwide Arena turns 25 years old in September, and it’s never had a major renovation before. With work expected

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Funds

Wisconsin Gov. Tony Evers signs budget in early morning to secure Medicaid funds

Reading Time: 3 minutes Wisconsin Gov. Tony Evers signed a new two-year budget in the early morning hours Thursday in a race against Congress to ensure the state gets a federal Medicaid match that it would lose under President Trump’s tax and spending cuts package. In an extraordinarily rapid succession of events, Evers and Republican lawmakers unveiled a compromise

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Finance

German finance minister says he’s ‘confident’ fiscal expansion won’t run afoul of EU rules – POLITICO

The scale of Germany’s ambitions to radically expand defense and infrastructure spending have raised thorny questions about how such spending can be reconciled with EU fiscal rules that Germany — previously a fiscal hawk — had long pushed for. Since March, however, Germany has led a concerted pushed for a loosening of those rules to

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Finance

Some Improvements but Some Glaring Omissions

As the Senate Finance Committee’s reconciliation package continues to make its way through the Senate process, a review of its key provisions as compared to the House-passed version offers some helpful insights and exposes some glaring omissions.  The Senate Finance bill follows the House-passed reconciliation bill in a number of ways. First, like the House

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Finance

Republicans on state’s Joint Finance Committee finalize education spending and tax cuts | News

MADISON (WKOW) — Republicans on Wisconsin’s Joint Finance Committee have finalized education spending and tax cuts for the next two years. The committee voted to approve an additional $229 million for K-12 schools in the next state budget. That’s much less than the $3 billion Governor Tony Evers proposed. Democratic representative Tip McGuire says more

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Funds

Navy budget aims to cut funds for shipbuilding by upward of $16 billion, top senator says

Sen. Roger Wicker, R-Miss., chairman of the Senate Armed Services Committee, speaks in March 2025 at a committee hearing. (Eric Kayne/Stars and Stripes) WASHINGTON — The Navy is proposing a $16 billion cut to shipbuilding in 2026 and does not intend to move forward with plans to purchase at least six new warships, the top

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Banking

Senate Banking would zero out CFPB funding in reconciliation

The Senate Banking Committee would shut off the Consumer Financial Protection Bureau’s funding stream from the Federal Reserve to provide the vast majority of deficit reduction in reconciliation provisions released Friday. The panel posted an eight-page text that would restrict the CFPB from requesting a transfer from the Fed, according to a section-by-section explanation of

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Funds

Metro Schools face tough budget decisions amid rising costs and shrinking funds

NASHVILLE, Tenn. (WZTV) — Superintendent Dr. Adrienne Battle and her team presented their proposed $1.4 billion budget to Metro Council this week, marking a 13% increase from last year’s budget. But rising costs and shrinking resources are casting a shadow over the district’s financial outlook. One of the biggest concerns: health insurance. District leaders say

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Investors

Trump’s big, beautiful tax bill has investors concened about debt

It’s the second stretch this spring that stocks and bonds, along with the dollar, have slumped in sync — a rare trifecta we last saw in April when Trump’s tariffs spooked investors. “They were getting yippy,” Trump said of investors as he explained his decision last month to delay so-called reciprocal tariffs, a move that

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Investment

Macron announces €20B of fresh foreign investment amid economic turmoil – POLITICO

Despite transatlantic tensions, several U.S. groups are expected to announce major investment projects, including logistics group Prologis, which will invest around €6.4 billion in new logistics facilities and data centers, and Amazon (€300 million). British digital bank Revolut will also invest €1 billion and ask French authorities for a banking license, while Spanish telecom infrastructure

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