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Public Finance

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    May 28, 2012 |Story| Reuters

  1. Odds lengthen on Osborne's UK debt reduction gamble

    Reuters
    LONDON (Reuters) - In George Osborne's office, a framed cartoon shows Britain's finance minister being crushed by an elephant labeled debt. The irony may be choking for Osborne: his bet on Britain growing out of its debt addiction is in doubt and the $2....

    Tags: Parties and Movements, Whitehall, Republic of Ireland, England, United Kingdom

    2. May 28, 2012 |Column| Los Angeles Times

  2. Park closures just don't pencil out

    SACRAMENTO — For most people, Memorial Day kicks off the vacation season. For Gov. Jerry Brown, however, it is the time to start closing state parks.
    SACRAMENTO — For most people, Memorial Day kicks off the vacation season. For Gov. Jerry Brown, however, it is the time to start closing state parks. That's right. Shut off the water, cart off the privies, lock the gates. Summer's around the...

    Tags: Budgets and Budgeting, Natural Resources, State Parks, Forests, Los Angeles Times Columnists

    3. May 27, 2012 |Column| Baltimore Sun

  3. Our limitless debt

    The U.S. debt clock is rapidly approaching $16 trillion. This year's federal deficit is in excess of $1.3 billion. These are staggering sums, mind-numbing in their sheer size. And for the 99.9 percent of us who were not math majors, almost impossible to get one's brain around. But comprehend it we must, as the deficit and what to do about it remain central to the outcome of Campaign 2012.
    The U.S. debt clock is rapidly approaching $16 trillion. This year's federal deficit is in excess of $1.3 billion. These are staggering sums, mind-numbing in their sheer size. And for the 99.9 percent of us who were not math majors, almost impossible to...

    Tags: Elections, Democratic Party, Paul Ryan, Parties and Movements, Republican Party

    4. May 26, 2012 |Story| Reuters

  4. Jordan hikes gasoline, power prices to ease budget deficit

    Reuters
    AMMAN (Reuters) - Jordan has raised the price of gasoline and electricity for major mining firms, hotels and banks, to ease its worsening budget deficit that could reach $4 billion this year, officials said on Saturday. The move, announced by the...

    Tags: Government Debt, Budgets and Budgeting, Market and Exchange, Petroleum Industry, Gasoline Industry

    5. May 26, 2012 |Story| Reuters

  5. UPDATE 2-Spain's Bankia eyes stake sales after record bailout

    Reuters
    * Europe will likely force Bankia to sell investments * Deposit situation has normalized, chairman says * Bankia bailout will have impact on public deficit By Jesús Aguado MADRID, May 26 (Reuters) - Spain's fourth biggest lender, Bankia, on...

    Tags: Spain, Europe, Labor Legislation, European Union, Companies and Corporations

    6. May 23, 2012 | Los Angeles Times

  6. Report: Ending corporate tax breaks would help trim budget deficit

    PolitiCal
    As lawmakers begin to haggle over the state budget, the California Tax Reform Assn. said Wednesday that they need to eliminate $6 billion in tax breaks for large corporations. The association's report said taxing oil production, altering property tax...
    7. May 23, 2012 |Story| South Florida Sun-Sentinel

  7. Back Bowles-Simpson plan now

    The bad news: The nation is headed for another debt ceiling game of chicken. The good news: there's time — especially before the Nov. 6 election — to head off another debacle with smarter public policy thinking.
    The bad news: The nation is headed for another debt ceiling game of chicken. The good news: there's time — especially before the Nov. 6 election — to head off another debacle with smarter public policy thinking. If you recall, a little less...

    Tags: Elections, Democratic Party, John A. Boehner, Parties and Movements, Republican Party

    8. May 25, 2012 |Story| Reuters

  8. WRAPUP 1-Canada beating deficit target, but risks looms

    Reuters
    * Budget figures show fiscal room in case of need * Toronto housing market still heating, Vancouver cools * Flaherty says Europe unstable but not in full-blown crisis By Louise Egan and Claire Sibonney OTTAWA/TORONTO, May 25 (Reuters) - Canada on...

    Tags: Budgets and Budgeting, Europe, Toronto (Canada), Vancouver (Canada), Canada

    9. May 25, 2012 |Story| Los Angeles Times

  9. Romney ad: Lots of flash, little substance

    Presumptive GOP nominee Mitt Romney's "Day One" ads, whose second installment was launched this week, do manage to grab its audience by the guts: By focusing on the deficit, unfair Chinese trading practices and job-killing federal regulations (three topics that no doubt ranked high in internal polls of Americans' top economic concerns), Romney aims to solidify his position as the candidate who knows and cares most about economic issues. It's too bad he has so little to say about them. On our relevancy meter, this one is Debatable.
    Presumptive GOP nominee Mitt Romney's "Day One" ads, whose second installment was launched this week, do manage to grab its audience by the guts: By focusing on the deficit, unfair Chinese trading practices and job-killing federal regulations (three...

    Tags: Jay Carney, Parties and Movements, Republican Party, Media Industry, Trade Policy

    10. May 25, 2012 |Story| Los Angeles Times

  10. Would Romney really cut spending on 'Day One'?

    Mitt Romney has a <a href=&quot;http://www.mittromney.com/videos">new ad</a> out, touting what he'll do on his first day as president. "Day One," the narrator intones, "President Romney announces deficit reductions, ending the Obama era of big government."
    Mitt Romney has a new ad out, touting what he'll do on his first day as president. "Day One," the narrator intones, "President Romney announces deficit reductions, ending the Obama era of big government." That’s pretty much what Romney has been...

    Tags: Elections, Budgets and Budgeting, Mitt Romney, Barack Obama, Economic Indicator

    11. May 25, 2012 |Story| Reuters

  11. UPDATE 2-Record low rates help Denmark cut deficit estimate

    Reuters
    * Denmark cuts 2012 deficit view to 3.8 pct of GDP * Cuts 2013 deficit view to 1.7 pct of GDP * Budget helped by record low interest rates, pension tax * Slightly trims 2012 GDP growth forecast, 2013 steady By Mette Fraende and Erik Matzen...

    Tags: Interior Policy, Consumer Confidence, Weather Reports, Economy, Business and Finance, Money and Monetary Policy

    12. May 25, 2012 |Story| Reuters

  12. UPDATE 3-Bankia set to ask Spain for more than 15 bln euros

    Reuters
    * Bankia to hold board meeting at 1430 GMT * Bank may ask state for at least 15 billion euros in aid * Shares suspended, closed down 7.4 percent on Thursday (Adds details, background) By Carlos Ruano and Sonya Dowsett MADRID, May 25 (Reuters) -...

    Tags: Spain, Finance, Europe, European Union, International Monetary Fund

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