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CALIFORNIA BUDGET DEFICIT
US budget surplus rises 23% to $258 billion in April, customs revenue surgesThe U.S. government experienced a $258 billion budget surplus in April, a 23% increase year-over-year, driven by strong tax receipts and su...13 May, 2025, 12.56 AM IST- Is California going bankrupt? Here's what DOGE boss Elon Musk warned aboutElon Musk has raised concerns about California's financial stability, suggesting the state may face bankruptcy. Governor Gavin Newsom grapp...24 Feb, 2025, 06.48 PM IST
- Tesla would likely be excluded from new California EV tax credits, governor's office saysCalifornia may revise its electric vehicle tax credit program. The change depends on a federal tax credit decision. Tesla could be excluded...26 Nov, 2024, 12.26 PM IST
- Google used influence, ultimatum to cut deal on California newsGoogle planned to invest $110 million in California's journalism sector, but requested taxpayer funding of $70 million. Assemblywoman Buffy...11 Oct, 2024, 11.20 PM IST
- America's federal deficit is growing. This is why.The US federal budget deficit has grown unexpectedly, reaching around $2 trillion, despite the strength of the economy. The deficit is the ...20 Oct, 2023, 05.46 PM IST
- Donald Trump plans to cut $15billion in spending squeaks through HouseThe package of so-called rescissions has been embraced by GOP conservatives upset by passage in March of a USD 1.3 trillion catchall spendi...08 Jun, 2018, 01.40 PM IST
- Facebook IPO to make Mark Zuckerbeg pay $903-mn in taxesFacebook's IPO is slated to hit the market later this year and could fetch in between $ 77-96 billion, depending on the investors' appetite.07 May, 2012, 01.52 AM IST
- US says it would ensure rising powers like China, Brazil and India do not threaten worldNoting the rise of powers like China, Brazil and India, the US has said it would make sure that America continues to be a force to be recko...25 Aug, 2011, 01.04 PM IST
- US deficit cut may decide Federal Reserve's rate trendThe Federal Reserve can be counted on to keep its balance sheet big and interest rates low if President Barack Obama and Republican lawmake...22 Apr, 2011, 04.12 AM IST
- US Healthcare bill likely to reduce deficit by $138 bn over a decadeLegislation to overhaul the US healthcare system will cost $940 billion over 10 years and cut the federal deficit, budget experts said, mee...19 Mar, 2010, 01.53 AM IST
- G7 prefers to stay on stimulantsGroup of Seven finance ministers pledged to press ahead with economic stimulus measures, even as investors intensify their focus on mountin...08 Feb, 2010, 03.31 AM IST
- US should cut budget deficit: BernankeFed chief's comments were aimed at reducing global imbalances, and echo pledges made by leaders of G20 nations at Pittsburgh summit. Ben Be...19 Oct, 2009, 10.26 PM IST
- US fiscal deficit tops $1 tn for first timeThe deficit has been propelled by the huge sum the govt has spent to combat recession and financial crisis. Global icons crash I Top 10 US ...14 Jul, 2009, 01.10 AM IST
- G-8 under pressure to restrain budget gapsWhen Group of Eight finance ministers met on Friday, they were under mounting pressure from investors and central bankers to spell out plan...13 Jun, 2009, 12.33 AM IST
- California could lay off 10,000 state workersCalifornia Governor Arnold Schwarzenegger threatened on Tuesday to fire as many as 10,000 state employees if legislators do not approve a d...11 Feb, 2009, 09.57 AM IST
- Schwarzenegger declares fiscal emergency in CaliforniaGovernor Arnold Schwarzenegger has declared a "fiscal emergency" in California and called for a special session of the state legislature to...02 Dec, 2008, 06.44 AM IST
- US posts $102.77 bn July budget deficitFederal budget deficit soared in July, pushed higher by economic stimulus payments and $15 billion in outlays to protect depositors at fail...13 Aug, 2008, 02.00 AM IST
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