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Budget Framework

All articles tagged with #budget framework

politics1 month ago

House GOP Frays Over $95B Iran War Funding Ahead of Recess

A growing bloc of House Republicans threatens to vote against Speaker Mike Johnson’s $95 billion budget framework for the Iran war and farm aid, risking passage as leadership races to win over holdouts before recess. Backers push for more detail on enforcement provisions under the SAVE America Act and a potential fourth reconciliation bill, while skeptics like Rep. Thomas Massie, Warren Davidson, Tim Burchett and Kevin Kiley demand pay-fors and concessions. Negotiations continue with leadership urging more member buy-in.

via Politico|
#budget-framework#house-of-representatives#iran-war-funding
NC Republicans strike late-budget framework with tax cuts and big raises
politics3 months ago

NC Republicans strike late-budget framework with tax cuts and big raises

North Carolina Republicans announced a late framework for a new state budget after nearly a year-long stalemate, proposing a 3.49% income tax rate in 2027 (holding for three years) and a constitutional amendment to cap it at 3.5%, plus an average 8% teacher pay raise and a 3% state-employee raise with bonuses; law enforcement receives sizable boosts and retirees get a 2.5% bonus. A final budget vote is expected by mid-June as lawmakers finish details and await a revised revenue forecast.

via Raleigh News & Observer|
#budget-framework#north-carolina#politics