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State Budgets

A collection of news and information related to State Budgets published by this site and its partners.

Top State Budgets Articles

Displaying items 111-121
  • Home buyers' tax credit can be turned into cash at closing

    The Obama administration has put out the official word: Starting soon, first-time home buyers nationwide will be able to turn their $8,000 federal tax credits into cash for use at closing if they use Federal Housing Administration mortgage financing. But...
  • Don't reduce your property insurance coverage to reflect lower home values

    There are a number of steps every homeowner should take to lower the cost of property insurance. But reducing the amount of coverage to match today's lower values is probably not one of them. Because it costs more to rebuild than it does to start from...
  • With $8K tax credit, it's the right time for first-time home buyers

    With $8K tax credit, it's the right time for first-time home buyers
    Kaitlin and Ernest Huizar have a 2-year-old son and a baby on the way. It was time to buy a house, they said. The $8,000 tax credit for qualified first-time home buyers was the icing on the cake. "We just did some research and realized that a mortgage...
  • Nightmares come true for the neediest

    Nightmares come true for the neediest
    Jean called the other day from her desert condo near Palm Springs. She'd been notified that the state was cutting back again on aid for the disabled and she was worried. Yep, I said, and the cut most likely will be even sharper than she was figuring....
  • Crushing debt takes a toll on school programs

    The boy, small for 4, curled up on his dad's lap in the lobby and did something that would have seemed impossible at the start of the school year. He spoke in complete, coherent sentences. "He was telling me stories about his teacher and then he went on...
  • County budget is $22.8 billion for next fiscal year

    Los Angeles County officials on Monday unveiled a $22.8-billion budget for the coming fiscal year that cuts $415 million from the current budget, taps reserves to offset dwindling tax revenue and eliminates 1,684 positions that are mostly vacant....
  • L.A. County to cut another 2% in spending

    Los Angeles County officials, facing massive state budget cuts and falling tax revenues, announced plans this week to cut an additional 2% from the county budget, even as they vowed not to lay off workers or cut programs. The new cuts come on top of...
  • A modest proposal for fiscal misery: Make them hurt in Brentwood and beyond

    We're in a bind here in California, mates, in case you hadn't noticed. The till is tapped, the budget deficit is bigger than the great outdoors, and lately even the sun has disappeared. What's crystal clear is that the governor can't fix this mess. His...
  • Audio: Schwarzenegger's budget solutions

    Audio: Schwarzenegger's budget solutions
    Gov. Arnold Schwarzenegger met with Times editors and reporters Wednesday to discuss the state's worsening fiscal crisis and proposals for long-term reform. An audio recording of the meeting is available below, along with a guide for listening to the...
  • Note to budget doctors: Don't spare the knife

    Note to budget doctors: Don't spare the knife
    Bill Lockyer has some simple, blunt advice for Democratic legislators struggling to make painful budget cuts: Just assume you're not going to get reelected. Then dig in and slash. Democrat Lockyer -- the state treasurer, former attorney general and...
  • Tax credit legislation seeks to broaden program's reach

    Since first-time buyers are getting thousands of dollars in tax credits from the federal government to stimulate the economy, why shouldn't all home buyers get equal treatment? What about refinancers -- couldn't they make good use of a tax credit to...