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Budget Surplus

McKeon Votes To Raise Debt Ceiling Temporarily

McKeon Votes To Raise Debt Ceiling Temporarily

Rep. Howard “Buck” McKeon, R-Santa Clarita, voted for H.R. 325, the “No Budget No Pay” Act of 2013. H.R. 325 passed by a vote of 285-144. This legislation temporarily raises the debt limit through May 18, 2013. In addition, the bill directs the Members of both the House and Senate to pass a FY 2014 budget resolution by April 15, ...

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UPDATE: New State Budget Projects Surplus By End Of 2014

UPDATE: New State Budget Projects Surplus By End Of 2014

California Governor Jerry Brown proposed a 2013-2014 state budget Wednesday that projects a surplus by the end of fiscal 2014. The projected surplus of $851 million is based on the assumption that all of Brown’s proposals are adopted by the state legislature, according to the governor. If Brown’s budget predictions are correct, it will be only the second time the state ...

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