Automatic spending cuts coming in 2014
WASHINGTON — The first year of automatic, across-the-board budget cuts didn’t live up to the dire predictions from the Obama administration and others who warned
U.S. expected to slash aid to Egyptian government
BANDAR SERI BEGAWAN, Brunei — U.S. officials said Wednesday that the Obama administration is poised to slash hundreds of millions of dollars in military and
House votes to cut $4B a year from food stamps
WASHINGTON — The House has voted to cut nearly $4 billion a year from food stamps, a 5 percent reduction to the nation’s main feeding
Aldermen cut Miss. Horse Park funding by $10K
Starkville aldermen formally motioned a $10,000 budget cut to the Mississippi Horse Park on Tuesday after the organization requested its annual allotment increased from $50,000 to $70,000.
Our view: Mayor gets his truck, firefighters can wait and hope
Columbus Ward 3 councilman Charlie Box admitted he was “tickled to death” to bring the city’s FY2014 budget into balance without the need for a tax hike.
Certainly, we applaud the mayor, council and city department heads for their fiscal restraint for bringing into balance what began as a projected $860,000 deficit after its first budget workshop a few weeks ago.
New proposed city budget shows tentative surplus
A millage increase is not likely in Columbus next year as city leadership and department heads turned an $860,836.75 deficit into a $34,817.53 surplus after a budget workshop Wednesday.
Eurocopter on verge of Lakota contract with Thailand
The fight to sustain production of the UH-72 Lakota, which is manufactured in Columbus, may be helped pending U.S. Congress’ approval of a foreign military sale of six helicopters to the government of Thailand.
Eurocopter lands deal to build six helicopters
American Eurocopter officials announced earlier this week that Arizona-based aviation company Pylon Aviation has placed an order for six new AS350 helicopters.
Hundreds rally for Eurocopter
A contingent of American Eurocopter employees and executives, as well as family members and state leaders, came together Wednesday to call on Congress to reconsider spending cuts that would slash production of the UH-72A Lakota Helicopter.
CBO: Deficit to be cut $1.1T by 2023
WASHINGTON — President Barack Obama’s budget would trim projected federal deficits by $1.1 trillion over the coming decade, using nearly $6 in higher revenues for
Sequester threatens production at Columbus Eurocopter
Earlier this week, Sean O’Keefe, American Eurocopter parent company CEO , said cuts to the Pentagon budget under the “sequester” budget reduction plan could force the company to slash production of the UH-72 Lakota helicopter, which is produced at its Columbus facility.
Dozens of air shows cancel without military jets
Dozens of air shows that draw tens of thousands of people and generate millions of dollars for local economies have been cancelled this year after the military grounded its jet and demonstration teams because of automatic federal budget cuts.
Dems, GOP talk up deficit reduction, but don’t act
WASHINGTON — Liberals’ loud objections to White House proposals for slowing the growth of huge social programs make it clear that neither political party puts
AP: Congress slows military efforts to save
Parked around the airstrip at Lackland Air Force Base are more than a dozen massive C-5A Galaxy transport planes. There is no money to fly them, repair them or put pilots in the cockpits, but Congress rejected the Air Force’s bid to retire them.
City seeks state help to review sales tax dip
Columbus city officials said Thursday they met with representatives from the Mississippi Department of Revenue to address current fiscal year general sales tax declines.
Federal budget cuts ground Air Force aircraft
NORFOLK, Va. — A top general says federal budget cuts that will ground one-third of the U.S. Air Force’s active-duty force of combat planes including
Obama: Budget not ‘ideal’ but has ‘tough reforms’
President Barack Obama says his soon-to-be released budget, already criticized by friends and foes, is not his “ideal plan” but offers “tough reforms” for benefit programs and scuttles some tax breaks for the wealthy.
Sales tax data may force cuts to city budget
Columbus sales tax collections continue to lag behind last year’s revenue, prompting some to question whether the city will have to amend its Fiscal Year 2012-2013 budget or dip into reserves to make up the difference.
FAA releases final list of air tower closures
Under orders to trim hundreds of millions of dollars from its budget, the Federal Aviation Administration on Friday released a final list of 149 air traffic control towers that it will close at small airports around the country starting early next month.
Senate Democrats on track to pass budget
Democrats controlling the Senate appear on track to pass their first budget in four years, promising a second, almost $1 trillion round of tax increases on top of more than $600 billion in higher taxes on the wealthy enacted in January.