budget

Consumer prices rose 8.2 percent in September, with prices going up on a monthly basis and squeezing budgets. NBC10’s Lauren Mayk has the story.

Most Pennsylvania lawmakers are absent from the state Capitol five days into the new budget year. There’s no state government spending agreement in place, although the fiscal year ended last week. Leaders are hoping negotiations will wrap up over the coming days and the House and Senate plan to return for voting sessions on Wednesday. Talks on what is expected...

Pennsylvania’s new fiscal year will begin without a state budget in place. Gov. Tom Wolf’s administration and top Republican lawmakers plan to work through the deadline to hammer out a roughly $42 billion spending plan whose details were still largely being kept secret. As of Thursday, negotiators had yet to fully brief rank-and-file lawmakers or publish the details of budget-related...

New Jersey’s Democratic-led Legislature has teed up a vote Wednesday on a record $50.6 billion budget that boosts spending 9% over last year, sets aside $2 billion for property-tax payers and renters, and carries a $6 billion surplus into the new fiscal year.

Pennsylvania’s state House of Representatives and Senate are back in the Capitol, as the Republican-controlled chambers work to get an agreement on a roughly $42 billion budget plan with Democratic Gov. Tom Wolf with just three days left in the fiscal year. No budget plan had been unveiled as of Tuesday. Closed-door talks were still going on as Senate Republicans...

Philadelphia City Council approved a $5.6 billion budget for fiscal year 2023 in a preliminary vote late Wednesday, reaching a deal with Mayor Jim Kenney that includes cuts to both business and wage taxes, the Philadelphia Business Journal reported.

President Joe Biden announced Wednesday that his administration is on track to reduce the national deficit by $1.5 trillion in 2022, allowing the feds to pay down the national debt for the first time in six years.

President Joe Biden on Monday announced details of his 2023 budget proposal, which includes an income tax hike for billionaires.

President Joe Biden on Tuesday signed a bill providing Ukraine with $13.6 billion in additional military and humanitarian aid as part of a $1.5 trillion measure funding the U.S. government for the year

New Jersey Democratic Gov. Phil Murphy proposed a $48.9 billion budget on Tuesday. The plan boosts K-12 funding by $650 million, makes a full public pension payment for the second straight year, redistributes nearly $1 billion in property tax relief and raises overall spending by about 5% over last year’s plan. Murphy unveiled the proposal during a speech in the…

Pennsylvania Governor Tom Wolf unveiled his final budget proposal. If approved it would deliver the largest ever cash infusion for public schools without raising taxes. NBC10’s Lauren Mayk shows us the details of the plan and how the money would be spent.

NBC10’s Lucy Bustamante talks to financial advisor Rob Wilson about how to allocate money in your life so you can build a better budget in 2022. Check out the percentages.

President Joe Biden has signed the National Defense Authorization Act into law, authorizing $768.2 billion in military spending, including a 2.7% pay raise for service members, for 2022

House Democrats have added paid family and medical leave, immigration law changes and a state-and-local tax break to President Joe Biden’s $1.75 trillion social services and environmental bill

President Joe Biden’s big domestic policy bill is now half its original size and being pulled apart and reconfigured as Democrats edge closer to satisfying their most reluctant lawmakers

President Joe Biden says he feels “very positive about reaching a deal on his big domestic policy bill.

Democratic Sen. Joe Manchin appears to be on board with White House proposals for new taxes on billionaires and certain corporations to help pay for President Joe Biden’s big domestic policy bill

President Joe Biden and Democratic leaders in Congress have edged close to a deal on their big package of social services and climate change strategies.

The Democrats’ social spending and climate change bill would put the United States back on a path to reducing its persistent pool of uninsured people

President Joe Biden appears unable to strike swift agreement with two wavering Democratic senators over his big $3.5 trillion government overhaul.