6 Ways You’re Coping With a Roller-Coaster Market

Readers from around the world shared their strategies for protecting their retirement savings and how, or if, they’re adjusting their tactics.

#budgets-and-budgeting, #government-bonds, #pensions-and-retirement-plans, #personal-finances, #retirement, #stocks-and-bonds, #united-states-economy, #vanguard-group-inc

These Republican Governors Are Delivering Results, and Many Voters Like Them for It

Some G.O.P. governors have high public profiles, others fly below the radar — and many are excelling.

#abbott-gregory-w-1957, #baker-charles-d-jr, #budgets-and-budgeting, #bureau-of-labor-statistics, #cato-institute, #coronavirus-2019-ncov, #cox-spencer-j-1975, #democratic-party, #desantis-ron, #ducey-doug-1964, #governors-us, #holcomb-eric-1968, #hutchinson-asa, #kemp-brian-p, #labor-and-jobs, #midterm-elections-2022, #noem-kristi, #politics-and-government, #republican-party, #reynolds-kimberly-1959, #ricketts-john-peter, #scott-phil-1958, #states-us, #sununu-christopher-t-1974, #trump-donald-j, #unemployment, #united-states

A Judge Halts New York City School Budget Cuts, For Now

Parents sued the city over plans to cut money to schools that have lost students, even as the mayor and City Council try to make a deal to restore funds.

#adams-eric-l, #budgets-and-budgeting, #city-council-nyc, #education-k-12, #education-department-nyc, #new-york-city, #teachers-and-school-employees

How to Cope With Financial Stress

Experts share tips on how to feel empowered and manage stress as prices continue to rise.

#anxiety-and-stress, #budgets-and-budgeting, #finances, #inflation-economics, #prices-fares-fees-and-rates, #united-states-economy

What Croydon, a ‘Live Free or Die’ Town, Learned About Democracy

A cautionary tale from Croydon, N.H., where one man tried to foist a change so drastic it jolted a community out of political indifference.

#budgets-and-budgeting, #croydon-nh, #education-k-12, #free-state-project, #libertarianism-us-politics, #politics-and-government, #project-democracy, #states-us, #underwood-ian

Local climate action

In the absence of national climate measures in the United States, how much can be done at the local level? Our reporters talk about the opportunities and barriers.

#alternative-and-renewable-energy, #budgets-and-budgeting, #global-warming, #greenhouse-gas-emissions, #internal-storyline-no, #internal-sub-only-nl, #local-government, #oil-petroleum-and-gasoline, #states-us, #united-states-politics-and-government

California Shows Why Fossil Fuels Are So Hard to Quit

Dozens of state and local budgets depend heavily on tax revenue from oil, gas and coal to fund schools, hospitals and more. Replacing that money is turning out to be a major challenge in the fight against climate change.

#alternative-and-renewable-energy, #budgets-and-budgeting, #california, #global-warming, #greenhouse-gas-emissions, #kern-county-calif, #local-government, #newsom-gavin, #oil-petroleum-and-gasoline, #politics-and-government, #taxation, #united-states-economy

Daniel Weiss, Met Museum’s Chief Executive, to Step Down

Daniel H. Weiss was a stabilizing force, but his departure raises questions about whether the museum’s two-pronged management structure still works and will continue.

#appointments-and-executive-changes, #art, #budgets-and-budgeting, #campbell-thomas-p, #fine-arts-museums-of-san-francisco, #haverford-college, #hollein-max, #manhattan, #metropolitan-museum-of-art, #museums, #weiss-daniel-h

Rebuilding Elementary School Band Class After the Pandemic

Young violists and sax players in Brooklyn get reacquainted with their instruments, and with one another: “You have to play in harmony.”

#brooklyn-nyc, #budgets-and-budgeting, #coronavirus-2019-ncov, #education-k-12, #education-department-nyc, #music, #ukuleles

Juneteenth Is a U.S. Holiday, but Not a Day Off In Most States

One year after President Biden made Juneteenth a federal holiday, more than 30 states have not authorized the funding that would allow for state employees to take the day off.

#black-people, #budgets-and-budgeting, #holidays-and-special-occasions, #juneteenth, #law-and-legislation, #states-us

Trump and Sanders Opened Doors. Inflation Is Closing Them.

What a climate of fiscal constraint means for the populist and the socialist left.

#biden-joseph-r-jr, #budgets-and-budgeting, #democratic-party, #inflation-economics, #republican-party, #sanders-bernard, #taxation, #trump-donald-j, #united-states-economy, #united-states-politics-and-government

New York City Budget Deal Keeps Police Spending Flat

Helped by better-than-expected tax revenue, the spending plan reflects the tension between Mayor Eric Adams and the City Council over the issue of crime.

#adams-eric-l, #budgets-and-budgeting, #new-york-city

As Rents Rise, Mayor Adams Faces Pressure on New York’s Housing Crisis

“We’ve got to get it right,” the mayor says, but the City Council and advocates want him to push more and spend more to address the dire shortage of affordable housing.

#adams-eric-l, #affordable-housing, #budgets-and-budgeting, #city-council-nyc, #department-of-housing-preservation-and-development-nyc, #homeless-persons, #new-york-city, #real-estate-and-housing-residential, #rent-control-and-stabilization

‘Spend This Money’: Biden Calls on States to Devote Stimulus Funds to Police

Ahead of the midterm elections, President Biden is making a forceful push to show he is a defender of law enforcement.

#american-rescue-plan-2021, #biden-joseph-r-jr, #budgets-and-budgeting, #coronavirus-2019-ncov, #police, #police-brutality-misconduct-and-shootings, #police-reform, #united-states-politics-and-government

Eric Adams’s Speech Offers Visions for New York City Recovery

Mayor Eric Adams emphasized that he planned to focus on public safety and inequality as keys to the city’s comeback after the pandemic.

#adams-eric-l, #affordable-housing, #budgets-and-budgeting, #crime-and-criminals, #homeless-persons, #mental-health-and-disorders, #new-york-city, #police, #state-of-the-city-message-nyc

New York’s Bail Laws Are Changing Again. Here’s How.

Governor Kathy Hochul pushed for a rewrite of the 2019 laws governing the criminal justice system.

#adams-eric-l, #albany-ny, #bail, #budgets-and-budgeting, #courts-and-the-judiciary, #crime-and-criminals, #hochul-kathleen-c, #law-and-legislation, #politics-and-government

In a Michigan County, Stimulus Funds Are Remaking Public Health Programs

Many cities and counties say that shoring up local public health systems is crucial to recovering from the pandemic and addressing entrenched health disparities.

#american-rescue-plan-2021, #budgets-and-budgeting, #coronavirus-2019-ncov, #federal-aid-us, #ingham-county-mich, #local-government, #mental-health-and-disorders, #michigan, #stimulus-economic

Hochul Emerges From Budget Talks Unbowed, but Not Unscathed

The governor won policy measures aimed at easing New Yorkers’ concerns over crime and rising prices, but alienated some fellow Democratic lawmakers.

#bail, #budgets-and-budgeting, #hochul-kathleen-c, #new-york-state, #politics-and-government

Here’s What $220 Billion Brings: New Casinos, Bail Laws and a Stadium

New York’s agreement on a $220 billion state budget includes a raft of nonfiscal measures, including a three-year window to resume the legal sale of to-go drinks.

#bail, #budgets-and-budgeting, #casinos, #gasoline-tax-us, #health-insurance-and-managed-care, #hochul-kathleen-c, #law-and-legislation, #new-york-state

New York Toughens Bail Law in $220 Billion Budget Agreement

Gov. Kathy Hochul’s first budget also includes more than a billion dollars in child care funding, a green light for three casinos and a return of to-go drinks.

#bail, #budgets-and-budgeting, #buffalo-bills, #child-care, #democratic-party, #hochul-kathleen-c, #new-york-state, #politics-and-government, #stadiums-and-arenas

New York Is About to Blow Its Budget Deadline. Here’s Why.

Contentious social issues, such as revising the state’s bail law, have delayed passage of what is expected to be largest budget in the state’s history.

#adams-eric-l, #albany-ny, #bail, #budgets-and-budgeting, #buffalo-bills, #casinos, #child-care, #city-university-of-new-york, #hochul-kathleen-c, #politics-and-government, #state-legislatures, #state-university-of-new-york, #stewart-cousins-andrea

A Casino Atop Saks? Lobbyists Push for Manhattan Gambling Site

State lawmakers are weighing whether to fast-track a move to allow three new casinos in the New York City area, as part of this year’s budget negotiations.

#budgets-and-budgeting, #casinos, #gambling, #genting-group, #hochul-kathleen-c, #las-vegas-sands-corp, #lobbying-and-lobbyists, #mgm-resorts-international, #new-york-city, #new-york-state, #politics-and-government, #yonkers-ny

With a Center-Leaning Budget, Biden Bows to Political Reality

The president’s budget addresses the main attack lines that Republicans are using against him and his Democratic allies in Congress in the run-up to the midterm congressional elections.

#biden-joseph-r-jr, #budgets-and-budgeting, #crime-and-criminals, #democratic-party, #federal-budget-us, #police, #republican-party, #united-states-international-relations, #united-states-politics-and-government

Buffalo Bills Strike Deal for Taxpayer-Funded $1.4 Billion Stadium

The agreement calls for $850 million in New York State and local funding, the largest taxpayer contribution ever for a National Football League facility.

#budgets-and-budgeting, #buffalo-ny, #buffalo-bills, #building-construction, #erie-county-ny, #football, #hochul-kathleen-c, #new-york-state, #politics-and-government, #stadiums-and-arenas

Federal Covid Cash Kept New York State Afloat. That Could End Soon.

An influx of federal funds may have saved the M.T.A. and staved off painful budget cuts in Albany and New York City. There’s a fight over what comes next.

#budgets-and-budgeting, #coronavirus-aid-relief-and-economic-security-act-2020, #federal-aid-us, #new-york-city, #new-york-state, #politics-and-government, #schumer-charles-e

Child Care: New York’s Next Big-Ticket Budget Priority

Gov. Kathy Hochul and the State Legislature have plans to significantly increase spending on child care and to make more families eligible for subsidies.

#budgets-and-budgeting, #child-care, #families-and-family-life, #hochul-kathleen-c, #luchey-danyelle, #new-york-state, #politics-and-government, #state-legislatures

No New Taxes, but Plenty to Fight Over in New York’s Looming Budget

Potential changes to the state’s bail laws, and revisiting mayoral control of schools in New York City, among other issues, await state leaders.

#budgets-and-budgeting, #democratic-party, #hochul-kathleen-c, #new-york-state, #politics-and-government, #state-legislatures

Push for More Restrictive Bail Law Gains a Key Ally: Gov. Hochul

Ms. Hochul wants to expand the list of crimes eligible for bail in New York, and give judges the power to consider a defendant’s “dangerousness” in setting bail for certain crimes.

#bail, #budgets-and-budgeting, #courts-and-the-judiciary, #crime-and-criminals, #criminal-justice, #hochul-kathleen-c, #new-york-state, #politics-and-government, #state-legislatures

How California Is Building the Nation’s First Privacy Police

A new state agency has a $10 million budget to regulate Google, Facebook and others. But first it needs to be created.

#budgets-and-budgeting, #california, #computers-and-the-internet, #data-mining-and-database-marketing, #horse-racing, #law-and-legislation, #politics-and-government, #privacy, #regulation-and-deregulation-of-industry, #states-us

Gov. Murphy Tones Down Liberal Message in Bid for Suburban Voters

In the first budget address of his second term, Gov. Philip Murphy responded to New Jersey voters’ discontent at a time of surging gas costs and high taxes.

#affordable-housing, #budgets-and-budgeting, #governors-us, #midterm-elections-2022, #murphy-philip-d-1957, #new-jersey, #politics-and-government, #property-taxes

The Police Aren’t Exactly Running Out of Cash

There is no real relationship between crime rates and police budgets.

#black-lives-matter-movement, #budgets-and-budgeting, #crime-and-criminals, #democratic-party, #george-floyd-protests-2020, #police, #police-brutality-misconduct-and-shootings, #police-reform

Online Sports Betting Makes an Eye-Popping Debut in New York

Since the state legalized online gambling in January, bets have poured in, bringing revenue to tax coffers but worrying addiction specialists.

#addabbo-joseph-p-jr, #addiction-psychology, #advertising-and-marketing, #american-gaming-assn, #athletics-and-sports, #budgets-and-budgeting, #casinos, #gambling, #hochul-kathleen-c, #politics-and-government, #super-bowl

Online Sports Betting’s N.Y. Debut: $2.4 Billion in Wagers in 5 Weeks

Since the state legalized online gambling in January, bets have poured in, bringing revenue to tax coffers but worrying addiction specialists.

#addabbo-joseph-p-jr, #addiction-psychology, #advertising-and-marketing, #american-gaming-assn, #athletics-and-sports, #budgets-and-budgeting, #casinos, #gambling, #hochul-kathleen-c, #politics-and-government, #super-bowl

New York Was Set to Expand Composting. Now It’s on the Chopping Block.

Mayor Eric Adams wants to suspend the expansion of New York’s composting program, but experts say the program is crucial to the city’s climate targets.

#adams-eric-l, #budgets-and-budgeting, #compost, #greenhouse-gas-emissions, #new-york-city, #sanitation-department-nyc, #waste-materials-and-disposal

Composting on the Chopping Block in Mayor Adams’s Budget

Mr. Adams wants to suspend the expansion of New York’s composting program, but experts say the program is crucial to the city’s climate targets.

#adams-eric-l, #budgets-and-budgeting, #compost, #greenhouse-gas-emissions, #new-york-city, #sanitation-department-nyc, #waste-materials-and-disposal

Eric Adams Proposes a Slimmer $98 Billion Budget With Flat Police Funding

The mayor’s first budget proposal called for across-the-board cuts to most city agencies, as well as a reduction in the city’s work force.

#adams-eric-l, #budgets-and-budgeting, #city-council-nyc, #crime-and-criminals, #democratic-party, #new-york-city, #police-brutality-misconduct-and-shootings, #police-department-nyc, #politics-and-government

Top European Court Rules E.U. Can Freeze Aid to Poland and Hungary

In a landmark decision, the European Court of Justice cleared the way for the bloc to cut billions in aid on the grounds that members are eroding rule-of-law checks and balances.

#budgets-and-budgeting, #decisions-and-verdicts, #economic-conditions-and-trends, #europe, #european-commission, #european-court-of-justice, #european-union, #hungary, #orban-viktor, #poland, #politics-and-government, #stimulus-economic

India’s budget focuses on roads, but critics see need for more jobs.

Narendra Modi’s plan calls for a big increase in infrastructure spending. Some say more must be done to create jobs for the country’s young work force.

#budgets-and-budgeting, #economic-conditions-and-trends, #india, #labor-and-jobs, #modi-narendra

As Broadway Struggles, Governor Hochul Proposes Expanded Tax Credit

With Omicron complicating Broadway’s return, Gov. Kathy Hochul proposed more assistance for commercial theater, which her budget director called “critical for the economy.”

#broadway-league, #budgets-and-budgeting, #coronavirus-2019-ncov, #empire-state-development-corp, #finances, #hochul-kathleen-c, #new-york-city, #politics-and-government, #tax-credits-deductions-and-exemptions, #theater

A State Budget With an Unexpected Twist: No Red Ink

Gov. Kathy Hochul announced a $216.3 billion spending plan as officials projected balanced state budgets through 2027.

#budgets-and-budgeting, #de-blasio-bill, #elections-governors, #hochul-kathleen-c, #new-york-city, #new-york-state, #transit-systems

Kathy Hochul Unveils Record $216 Billion Budget Plan for NY

Gov. Kathy Hochul unveiled a record-setting new budget plan, as state officials project balanced budgets through 2027, with none of the typical warnings of billion-dollar shortfalls.

#budgets-and-budgeting, #finances, #hochul-kathleen-c, #new-york-state, #politics-and-government, #taxation

Hochul Unveiled a Sweeping Vision for New York. Now Comes the Hard Part.

After laying out her priorities in the State of the State address, Gov. Kathy Hochul must now work with the Legislature to back her with funding and new laws.

#budgets-and-budgeting, #democratic-party, #hochul-kathleen-c, #law-and-legislation, #new-york-state, #politics-and-government, #stadiums-and-arenas, #state-legislatures, #state-of-the-state-message-nys

Why This Liberal Mayor Doesn’t Want a Lecture From Progressives

London Breed has heard the wrath of progressives (and conservatives) on doing too much (and too little) to “clean up” neighborhoods in San Francisco struggling with substance use. She’s not backing down.

#black-lives-matter-movement, #black-people, #boudin-chesa, #breed-london, #budgets-and-budgeting, #mayors, #police, #police-department-san-francisco-calif, #police-reform, #san-francisco-calif, #tenderloin-san-francisco-calif

What’s in Kathy Hochul’s Proposal on Housing, Economy and Climate

The proposals, released as part of Ms. Hochul’s first State of the State address, reflected her priorities as she prepares to run for a full term as governor.

#budgets-and-budgeting, #coalition-for-the-homeless, #coronavirus-2019-ncov, #economic-conditions-and-trends, #hochul-kathleen-c, #homeless-persons, #labor-and-jobs, #new-york-city-environmental-justice-alliance, #new-york-state, #partnership-for-new-york-city, #politics-and-government, #reinvent-albany, #riders-alliance, #small-business, #state-of-the-state-message-nys, #subways, #transit-systems

Watch Kathy Hochul Give Her First State of the State Speech

Gov. Kathy Hochul was set to pledge $10 billion to boost the state’s decimated health care work force, and to direct funds to further combat gun violence.

#budgets-and-budgeting, #coronavirus-2019-ncov, #criminal-justice, #elections-governors, #ethics-and-official-misconduct, #hochul-kathleen-c, #labor-and-jobs, #law-and-legislation, #new-york-state, #politics-and-government, #state-of-the-state-message-nys, #taxation, #term-limits-political-office

Kathy Hochul Will Propose Term Limits for New York Governors

The state’s Covid response will continue to demand her attention, but other contentious issues await as the Legislature returns and a primary looms in June.

#bail, #budgets-and-budgeting, #coronavirus-2019-ncov, #democratic-party, #hochul-kathleen-c, #law-and-legislation, #new-york-state, #politics-and-government, #state-of-the-state-message-nys

De Blasio’s Costly Legacy: The Biggest City Work Force Ever

The budget soared under Mayor Bill de Blasio, who significantly expanded the size of New York City government. The next mayor, Eric Adams, might have to rein it in.

#adams-eric-l, #budgets-and-budgeting, #de-blasio-bill, #district-council-37, #government-employees, #labor-and-jobs, #local-government, #new-york-city, #organized-labor

Jackson State Men’s Basketball Plays on the Road, Where the Money Is

Jackson State, a small Division I program, has trouble scheduling big-name schools at home, so it made extra revenue by playing away games for the first third of its season.

#basketball-college, #budgets-and-budgeting, #historically-black-colleges-and-universities, #jackson-miss, #jackson-state-university, #national-collegiate-athletic-assn, #southwestern-athletic-conference

A Mental Health Crisis Among the Young

A health professional and an author/filmmaker write that we are failing our youths. Also: Memo to Democrats; military spending; moving away from coal.

#abeles-vicki, #anxiety-and-stress, #bruni-frank, #budgets-and-budgeting, #coal, #democratic-party, #global-warming, #mental-health-and-disorders, #mines-and-mining, #murthy-vivek-h, #united-states-defense-and-military-forces, #united-states-politics-and-government, #youth

Republicans Who Assailed Biden’s Stimulus Bill Are Embracing the Money

Republican governors who criticized the $1.9 trillion Covid relief bill as wasteful are championing state projects funded by the money.

#american-rescue-plan-2021, #biden-joseph-r-jr, #budgets-and-budgeting, #coronavirus-2019-ncov, #democratic-party, #desantis-ron, #dewine-mike, #ducey-doug-1964, #federal-aid-us, #federal-budget-us, #gianforte-greg-1961, #noem-kristi, #republican-party, #stimulus-economic, #united-states-politics-and-government