Budget surplus of €8.6 billion expected, but there would be a deficit without corporation tax

TheJournal.ie— Minister McGrath noted that the surplus is ‘heavily dependent on volatile “windfall” corporate tax receipts’.

The Center Square—Polis signs $40.6 billion Colorado budget into law. (The Center Square) – Gov. Jared Polis on Monday signed into law Colorado’s $40.6 billion budget for fiscal year 2024-25. The new budget marks a 3.7% increase compared to the previous state budget, and includes over $500 million more in funding for public education. Polis highlighted increases in funding for education and affordable housing in House Bill 24-1430, also known as the “long bill.” “This bipartisan budget builds a stronger, brighter,...

The Monitor—Editorial: Many entities expected major windfall from budget surplus; sadly, much of it never came. A year ago public entities across the Rio Grande Valley and throughout Texas were excited about a record $32.7 billion budget surplus sitting in the state’s coffers as the legislative session began. Today, many of those same entities are hurting.

Reading Eagle—US expected to provide $6 billion to fund long-term weapons contracts for Ukraine, officials say. By LOLITA C. BALDOR (Associated Press) WASHINGTON (AP) — The U.S. is expected to announce Friday that it will provide about $6 billion in long-term military aid to Ukraine, U.S. officials said, adding that it will include much sought after munitions for Patriot air defense systems. The officials said the aid package will be funded […]