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Budget

All articles tagged with #budget

Marathon Budget Surpasses $200 Million, Bungie’s Gamble Grows
business4 hours ago

Marathon Budget Surpasses $200 Million, Bungie’s Gamble Grows

Forbes cites anonymous sources claiming Bungie’s Marathon cost over $200 million to develop, potentially rising above $250 million when post-launch costs are included; the figure excludes ongoing maintenance. If accurate, Marathon would rank among the industry's costliest games and could surpass Spider-Man 2’s rumored $300 million budget. Sony purchased Bungie for $3.6 billion and integrated it into PlayStation Studios, but Marathon has struggled with player counts; its long-term profitability will hinge on ongoing content and monetization via microtransactions, with Bungie continuing to expand the game rather than winding it down.

Kelly vetoes 24 bills and 31 budget items, signaling a renewed Kansas budget showdown
politics1 day ago

Kelly vetoes 24 bills and 31 budget items, signaling a renewed Kansas budget showdown

Gov. Laura Kelly vetoed 24 bills and 31 budget provisions in a clash with a Republican‑led Kansas Legislature, after signing a budget that removed a lawmakers’ pay raise, a large loan and a no‑bid contract she deemed wasteful. She framed the budget as flawed but necessary, urging collaboration; lawmakers will consider overrides as they push on issues from voter access and privacy to mental health funding and education mandates amid ongoing budget pressures.

Trump claims massive underground complex under White House ballroom
world11 days ago

Trump claims massive underground complex under White House ballroom

President Donald Trump says the U.S. military is building a massive complex beneath the White House ballroom, ahead of schedule, with the ballroom reportedly serving as a shed for the underground work. The privately funded project has seen its budget double from $200 million to $400 million as renovations expand, and Trump has floated additional plans such as renaming the Kennedy Center and proposing a grand arch in Washington.

politics11 days ago

Hochul bets centrist affordability plan to blunt cost-of-living backlash

New York Gov. Kathy Hochul is pushing a wide-ranging affordability agenda—reforming car insurance, easing housing construction, and curbing the climate law’s cost—to lower future utility bills, even as she clashes with Albany’s left and NYC Mayor Mamdani over taxes. While Sen. Bernie Sanders pressures Hochul to back higher taxes, the governor argues a consumer-friendly, no-tax-hike approach will win votes and provide relief, helping drive a national-left split on affordability. The plan has in part delayed the state budget as Hochul leverages the issue to bolster her reelection bid, with lawmakers and critics weighing the best path to relieve pockets and shore up support for down-ballot Democrats.

GTA 6 Could Carry a $3 Billion Price Tag, Potentially the Most Expensive Entertainment Project
gaming11 days ago

GTA 6 Could Carry a $3 Billion Price Tag, Potentially the Most Expensive Entertainment Project

GTA 6 may cost around $3 billion, based on Rockstar North financials showing over $2.1 billion spent on salaries since 2019, potentially making it the most expensive entertainment project ever. With a November 19 release planned and a mid-April recruitment drive signaling final polishing, the project would surpass budgets of games like Cyberpunk 2077, Red Dead Redemption 2, and Modern Warfare II.

GOP eyes health-spending cuts to fund Iran war
politics11 days ago

GOP eyes health-spending cuts to fund Iran war

House Republicans are weighing offsets from federal health programs—potentially cutting ACA subsidies and other Medicare payments—to help finance a budget bill up to $200 billion for funding a war in Iran and immigration enforcement. The plan could reduce subsidies, raise out-of-pocket costs for some enrollees, and save more than $30 billion; discussions are in early stages, with moderates wary and Democrats ready to attack. Any legislation would likely use reconciliation to bypass a Senate filibuster, aimed for a 60–90 day timeline.

politics14 days ago

Trump to unveil FY2027 budget on April 3 amid defense funding questions

President Trump will send Congress the fiscal 2027 budget on April 3, with uncertainty over whether a supplemental defense request for potential Iran action will accompany it; the White House is reviewing about $200 billion in emergency military funding, and the plan follows his call for a $1.5 trillion defense budget as lawmakers contend with a delayed, nonbinding fiscal blueprint and ongoing DHS funding standoff.

Kremlin says Putin did not ask oligarchs to fund Russia’s finances
world15 days ago

Kremlin says Putin did not ask oligarchs to fund Russia’s finances

The Kremlin on Friday denied reports that President Vladimir Putin asked leading businessmen to donate money to stabilise Russia’s finances for the war in Ukraine, saying no such request was made and that a named donor wasn’t identified. The Bell had reported at a closed-door meeting that a participant pledged a “very large” sum, with The Bell naming billionaire Suleiman Kerimov’s pledge of 100 billion roubles; Kremlin spokesman Dmitry Peskov said the initiative came from the donors themselves and wasn’t a Kremlin directive, and that the money wasn’t necessarily for the war. The article notes Russia’s budget deficit and slower growth, but hints at potential oil-price windfalls and possible spending cuts this year.

politics15 days ago

Johnson-Fronted GOP Lines Up Second Party-Only Budget Push

House Republicans, led by Speaker Mike Johnson, huddled to plot a second party-line budget reconciliation bill, aiming to attach conservative policy priorities to funding packages while trying to bridge a Senate gap over scope; attendees included Arrington, Pfluger, Roy, Donalds, McClintock, Brecheen, Smucker and Perry, with Johnson signaling that work to move forward is underway.

politics16 days ago

Mamdani’s budget squeeze tightens as NYC faces costly labor talks

New York City Mayor Zohran Mamdani enters a challenging round of labor negotiations with around 100 city unions, facing a tight, $127 billion budget secured by depleted reserves and proposed tax measures. With pattern bargaining likely pushing pay hikes higher than the city’s modest reserves, the mayor must balance workers’ demands for raises with fiscal constraints and political pushback, all while navigating a council that has resisted certain tax increases.

Mamdani flags first NYC DOE cuts as prelude to broader savings
education16 days ago

Mamdani flags first NYC DOE cuts as prelude to broader savings

Mayor Mamdani’s order to trim spending prompts an initial round of NYC Education Department cuts—about $27.5 million this year and $30.3 million next—as officials work toward the 1.5% and 2.5% savings targets; the full plan hasn’t been released, but the department is expected to cut hundreds of millions by pruning duplicative tech contracts, unused consulting, and administrative services, while citywide cuts total around $230 million and the broader effort targets up to $1.7 billion in reductions across agencies.

politics17 days ago

Trump Tax Cuts Widen Budget Gaps in GOP-Run States

Republican-led states facing growing budget shortfalls in 2026 are contending with the fiscal hit from Donald Trump’s megabill, which adds Medicaid and SNAP costs while letting federal tax cuts shrink state revenues; governors and legislatures are weighing cuts and new taxes to cover gaps, with examples from Idaho, Arizona, Missouri and Iowa illustrating across-the-board agency reductions, cuts to child care and disability services, and selective adoption of federal tax changes as budgets tighten.