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budget crisis News

budget crisis News From AOL News

What a Shutdown Means for Federal Workers [VIDEO]

Apr 7th 2011 – 4:56PM
AFP/Getty Images

AFP/Getty Images

Providence, RI, Issues Pink Slips to All of Its Schoolteachers

By Dana ChivvisFeb 23rd 2011 – 2:39PM

Facing a budget crisis, the Providence, R.I., school district has issued dismissal notices to all 1,926 of its teachers, leading Providence Teachers Union President Steven Smith to compare the educational bombshell to Pearl Harbor. "This is beyond insane," Smith said, according to The Providence Journal. "Let's create the...

Drastic Tuition Increase Roils California Campuses

By Richard C. PaddockNov 20th 2009 – 12:00AM

BERKELEY (Nov. 20) -- The well-regarded University of California, facing sharp cuts in public funding, has enacted one of the steepest fee increases in its history, jeopardizing its ability to provide a first-class education and setting off a wave of dramatic student protests. The UC Board of Regents voted Thursday to...

budget crisis News From the Web

  • 05/30/12 Schools facing budget ‘crisis' Source: The South County Spotlight The St. Helens School District is trying to make the best of what its budget committee says is a bad situation.
  • 06/18/11 Budget crisis Source: The County Press - Lapeer MI What a wild week-and-ahalf it has been around not only the office, but Lapeer with the talk of Lapeer East and Lapeer West possibly cutting the hockey and swimming programs.
  • 04/30/11 Budget Crisis Source: Woonsocket Call - Woonsocket RI
  • 01/17/11 Budget Crisis? What Budget Crisis? Source: CBS - KWTX - Waco TX AUSTIN (January 17, 2011)—The state is projected to have $72.2 billion for general purpose spending over the next two years, a $7.8 billion drop from the last state budget, but taking into account about $7 billion in federal stimulus money that won't be available, Texas faces a shortfall of at least $15 billion, according to figures released by Comptroller Susan Combs.
  • 10/29/10 Budget crisis Source: The Daily News - Washington Parish LA Washington Parish officials are reacting angrily to proposed cuts from the Louisiana Department of Health and Hospitals that would drastically reduce operating hours at the two parish health clinics.

Background on budget crisis

A budget crisis is an informal name for a situation in which the legislative and the executive in a presidential system deadlock and are unable to pass a budget.

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