#Federal Budget

View from The Hill: Welfare recipients are potential winners from Pocock twisting Albanese's arm

Anthony Albanese is about to end the year with his industrial relations legislation through and parliament formally lambasting Scott Morrison. Additionally, Victorian Labor has been returned in majority government, giving another fillip to the brand, which may herald a win early next year in NSW. That would colour the mainland all red. The strength of the prime minister’s determination to clinch the IR legislation before Christmas can be measured by one rather extraordinary concession he gave key crossbench senator David Pocock to finally secure his vote. He agreed to set up a “statutory advisory committee” to review ways to boost...

The Golden State May Run a $25 Billion Deficit in Fiscal Year 2023-24

According to a report issued by the state’s nonpartisan Legislative Analyst’s Office, California’s government may face a $25 billion budget shortfall in the coming fiscal year as tax revenues decline (LAO). Legislative Analyst Gabriel Petek stated during a Nov. 16 video press briefing that if the predicted downturn occurs, it will be the Golden State’s […] The post The Golden State May Run a $25 Billion Deficit in Fiscal Year 2023-24 appeared first on Food Contessa.

John Hood: States should take lead on welfare

I’m a fiscally conservative North Carolinian — and I think state taxes should be significantly higher. No, I haven’t lost my head, or my spine. And while I’m a committed supply-sider, I’m not referring here to projected revenues from a fast-growing economy. I truly mean North Carolina ought to levy higher state taxes. But only if federal taxes go down by at least as much. That is, I believe large...