skip to main content
skip to newscasts

Friday, April 26, 2024

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

Louisiana teachers' union concerned about educators' future; Supreme Court hears arguments in Trump immunity case; court issues restraining order against fracking waste-storage facility; landmark NE agreement takes a proactive approach to CO2 pipeline risks.

view newscast page
play newscast audioPlay

Speaker Johnson accuses demonstrating students of getting support from Hamas. TikTok says it'll challenge the ban. And the Supreme Court dives into the gray area between abortion and pregnancy healthcare, and into former President Trump's broad immunity claims.

view newscast page
play newscast audioPlay

The urban-rural death divide is widening for working-age Americans, many home internet connections established for rural students during COVID have been broken, and a new federal rule aims to put the "public" back in public lands.

Federal Budget Deadlines Stacking Up, This Year and Next

play audio
Play

Wednesday, November 23, 2011   

CHARLESTON, W.Va. - The failure of the congressional "super-committee" to meet its deadline has set some new deadlines.

The deficit already is falling, federal budget-watchers say, even without more action by Congress, but they add that lawmakers will have to act by the end of this year to stop potential drags on the economy.

Andrew Fieldhouse, federal budget policy analyst at the Economic Policy Institute, points to a temporary tax cut for working families and support for the long-term unemployed, both of which will expire unless Congress votes to extend them.

"The payroll tax cuts and unemployment insurance would make a noticeable difference on economic growth. If the program is allowed to lapse, 1.8 million Americans will lose unemployment benefits."

According to the West Virginia Center On Budget and Policy Priorities, the state has one of the highest rates of citizens using Medicare, Medicaid and Social Security. Fieldhouse says cuts to Medicare provider payments are still up in the air, but otherwise the programs will continue as designed under current law.

"The implosion of the super-committee makes it much less likely that any of those programs are changed, in the near term."

The biggest battles, Fieldhouse says, could come at the end of next year, after the election. He says that's when the Bush tax cuts expire, the government gets close to the debt ceiling and the automatic budget cuts begin. He predicts those battles, especially the tax fights, will decide the size of the deficit for the next 10 years.

"Over the next decade, the difference for the public debt largely comes down to choices that will be made at the end of 2012 over the Bush-era tax cuts and other current tax policy."

President Obama wants Congress to cut taxes for working families by an average of $1,500 a year. Republicans say they want to further reduce the deficit by letting payroll taxes rise and unemployment benefits expire. Automatic cuts equally divided between defense and domestic spending are scheduled to start at the end of next year.


get more stories like this via email

more stories
The United Nations experts also expressed concern over a Chemours application to expand PFAS production in North Carolina. (Adobe Stock)

play sound

United Nations experts are raising concerns about chemical giants DuPont and Chemours, saying they've violated human rights in North Carolina…


Environment

play sound

Conservation groups say the Hawaiian Islands are on the leading edge of the fight to preserve endangered birds, since climate change and habitat loss …

Environment

play sound

CO2 pipelines are on the increase in the United States, and like all pipelines, they come with risks. Preparing for those risks is a major focus of …


It's estimated that invasive pests destroy up to 40% of food crops and cause $220 billion in trade losses worldwide. (Lee/Adobe Stock)

Environment

play sound

April has been "Invasive Plant Pest and Disease Awareness Month," but the pests don't know that. The U.S. Department of Agriculture says it's the …

Social Issues

play sound

Leaders of a teachers' union in Louisiana are voicing concerns about a package of bills they say would have the effect of dissolving labor unions in t…

David Coon designs and evaluates interventions for families and caregivers of adults with chronic illnesses, including dementia, cancer and depression. (Arizona State University)

Health and Wellness

play sound

The 2024 Arizona Alzheimer's Consortium Public Conference kicks off Saturday, where industry experts and researchers will share the latest scientific …

Environment

play sound

Environmental groups say more should be done to protect people's health from what they call toxic, radioactive sludge. A court granted a temporary …

Social Issues

play sound

Orange County's Supreme Court reversed a decision letting the city of Newburgh implement state tenant protections. The city declared a housing …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021