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New York Times
30-06-2025
- Business
- New York Times
New Cost of Trump's Bill, Canada Backs Down in Trade Dispute, Gen Z's Retirement Plan
Hosted by Tracy Mumford Produced by Will Jarvis and Ian Stewart Edited by Ian StewartJessica Metzger and Tracy Mumford Featuring Mattathias Schwartz Senate Bill Would Add at Least $3.3 Trillion to Debt, Budget Office Says, by Andrew Duehren Tillis Announces He Won't Run Again as Trump Threatens Him With a Primary, by Annie Karni A Triumphant Supreme Court Term for Trump, Fueled by Emergency Rulings, by Adam Liptak and Abbie VanSickle Courts Will Have to Grapple With New Limits on Their Power, by Mattathias Schwartz Canada Will Scrap Tax That Prompted Trump to Suspend Trade Talks, by Matina Stevis-Gridneff Gen Z, It Turns Out, Is Great at Saving for Retirement, by Lisa Rabasca Roepe Jell-O With Natural Dyes? It's Not Easy Becoming Green, by Julie Creswell Tune in, and tell us what you think at theheadlines@ For corrections, email nytnews@ For more audio journalism and storytelling, download the New York Times Audio app — available to Times news subscribers on iOS — and sign up for our weekly newsletter.


RTÉ News
07-06-2025
- Business
- RTÉ News
Calls for transparency around cross-border project funds
There is significant scope to enhance transparency around funding for cross-border projects, one of the Government's key policy programmes, the Parliamentary Budget Office has stated. More than €2 billion has been pledged to the Shared Ireland Initiative over the period from 2021 to 2035. However, the report by the Budget Office found that there was currently a disjointed approach to financial reporting on the Shared Island Fund. More than €550 million has been committed to date but the Budget Office stated that it was unclear how much of this funding has been allocated at this point. The Shared Ireland Initiative is aiming to promote cooperation across the island of Ireland. Some of the funding commitments include €600 million for the A5 North-West transport corridor, the construction of the Narrow Water Bridge along with a contribution towards the redevelopment of Casement Park. A Government spokesperson said all allocations from the Shared Island Fund are reported on in Dáil statements, parliamentary question replies and in the Initiative's annual reports. They said the Department of the Taoiseach will consider the Parliamentary Budget Office report in consultation with the Department of Public Expenditure and NDP Delivery and Reform. "More detailed project-level reporting on Shared Island Fund allocations would need to take account of the fact that individual Departments are responsible for management of and reporting of funds within their votes, including from the Shared Island Fund," the spokesperson said.


Korea Herald
04-06-2025
- Business
- Korea Herald
Financial system overhaul
South Korean President Lee Jae-myung has pledged sweeping changes to the nation's financial sector, including a major overhaul of key ministries, in a bid to decentralize power and strengthen legislative oversight. Central to the plan is restructuring the Ministry of Economy and Finance. The budgeting function would be split and placed under the control of the president or prime minister, creating a separate Budget Office alongside a new Ministry of Economy. A broader shake-up of the Financial Services Commission and Financial Supervisory Service is also under review. The FSC's policy role would shift to the new ministry, while supervisory duties would go to the FSS, or a newly proposed Financial Supervisory Commission.
Yahoo
06-03-2025
- Automotive
- Yahoo
Drivers owe Milwaukee nearly $41 million in unpaid parking tickets. Here's a breakdown
City officials are aiming to bolster revenue by issuing more parking citations this year, along with upping the cost of the fines. However, thousands of drivers still owe the city millions of dollars in unpaid parking tickets spanning back several years. The city is attempting to collect nearly $41 million in unpaid parking tickets issued between 2018 and 2024, according to city records. However, that number does not represent a budget shortfall, because the city doesn't count parking ticket money toward the budget until they receive it, said Department of Public Works spokesperson Tiffany Shepherd. At year end, the city collects about 60% of parking tickets issued annually on average, although that doesn't account for those who will pay their tickets months or even years later. Here's the latest breakdown of how much money drivers still owe Milwaukee in parking tickets, plus a look at how the city works to collect unpaid citations. Milwaukee is owed more than $37 million in unpaid parking tickets from Wisconsin drivers, and nearly $3.5 million from out-of-state drivers from tickets issued between 2018 and 2024, according to city data. The city routinely receives payments for citations issued up to seven years in the past, said Shepherd. City officials contract with a secondary collection agency to pursue delinquent citations, and to send collection notices and make collections calls. The city also uses the Wisconsin Tax Refund Interception Program for collections from in-state violators. People receiving a state income tax refund have the amount of their delinquent parking citations deducted from their refund. The city has collected between $1.5 million and $2.5 million annually from this tool. The most challenging citations to collect are from unregistered vehicles and out-of-state drivers, said Shepherd. Of the total current outstanding citations, more than a quarter, or $11.5 million, have no current vehicle information. "Despite the challenges, we remain committed to the ongoing pursuit of these collection efforts," wrote Shepherd in an email. The cost of a transportation fine increased by $12 on average in 2025. The largest fine increase was for parking in a handicapped area, with the fine jumping up by $100, according to data provided by the city's Budget Office. The city is projected to issue 500,000 parking tickets in 2025, all because the city worked to fill vacant parking enforcement officer positions in the past year, said Shepherd. That's a jump from an expected 456,000 parking tickets issued in the city last year. "In 2025, we're not issuing a massive amount of tickets. We're still below average of what the city used to issue pre-COVID," said Shepherd. In 2018, the city issued 636,535 parking citations across Milwaukee, she said. More expensive parking tickets are among a list of fee increases proposed by the city to close a gap between the city's revenues and its costs to continue providing services at the same levels. RELATED: Milwaukee sees declines in violent and property crimes in 2024: 'Should motivate all of us' RELATED: Milwaukee parking-ticket scam: Text messages distributing fake overdue notices Alison Dirr contributed to this report. This article originally appeared on Milwaukee Journal Sentinel: Milwaukee is owed nearly $41 million in unpaid parking tickets


USA Today
13-02-2025
- Politics
- USA Today
Trump fights complicate latest budget brawl between McKee and Neronha. Here's why.
Trump fights complicate latest budget brawl between McKee and Neronha. Here's why. Show Caption Hide Caption RI governor, legislators announce 2025 bills to ban assault weapons Tuesday's news conference centered on bills to ban the purchase, sale and ownership of the military-style firearms categorized as "assault weapons." The attorney general asked for $3.65M budget boost to hire 13 new employees Neronha took issue with McKee denying his budget ask in 2023 Dispute comes as Neronha's office leads state court cases against President Trump's orders Rhode Island Attorney General Peter Neronha and Gov. Dan McKee are at odds over the state budget again, this time as Neronha spearheads the Ocean State's opposition to President Donald Trump's agenda. In his annual request to state budget writers last fall, Neronha asked for a $3.65-million increase in his office's budget for the year starting July 1. The extra money would allow him to add 13 new employees, including additional prosecutors, and bring it closer in line with staffing levels in other states, he said. "In the last budget cycle, my office kept our budget request to the absolute minimum, with no new requested [Full-time Equivalent positions] and a modest increase in our base budget," Neronha wrote in his request to McKee. "This year, it is essential that we increase our staff and budget to keep pace with the needs of Rhode Islanders ‒ and to ensure this Office is positioned to meet its statutory, ethical and legal obligations." Neronha argues he needs more money to fight Trump administration's actions Not long after Neronha submitted his request, Trump won the 2024 presidential election, raising the probability of litigation between the state and federal government. That did not convince McKee to give Neronha more money, however. In the budget McKee proposed to lawmakers last month, staffing levels for the attorney general's office were kept flat, as they were for most state agencies in a year of diminished federal resources and a projected revenue deficit. Neronha's request "for additional [full-time equivalent employees] was not presented in the context of addressing a new administration in Washington, D.C.," state Budget Office spokesman Derek Gomes wrote in an email. "The governor's office recognizes that the Office of the Attorney General can bring forward a request to the General Assembly, and the governor's office will monitor it, as it does with all budget-related items during the legislative session." When McKee told reporters he would stand by unauthorized immigrants threatened by Trump administration deportation sweeps, Neronha took to the social media platform Bluesky. "The best way for the governor to stand up for the people of Rhode Island is to give my office the resources we need to protect Rhode Islanders and their interests, as other govs have done," Neronha posted. "We are already litigating v. Trump overreach – and only we can do that. Instead he rejected our request." Neronha's office is part of four lawsuits challenging Trump administration actions and is leading the 22-state suit to block a federal funding freeze in the U.S. District Court in Rhode Island. The other suits challenge cuts to National Institutes of Health funding, ending birthright citizenship and access to private information for Elon Musk's Department of Government Efficiency. Neronha spokesman Timothy Rondeau said the attorney general's office is evaluating "numerous opportunities" to file amicus briefs on federal cases, fielding a "barrage of outreach" from constituents, helping "navigate the fallout" from executive orders and "issued guidance with respect to ICE in schools." What does Neronha want? What would the state get for the extra $3.65 million Neronha requested in his budget for next year? Four new prosecutors, including two to handle drunken driving cases One victims services advocate A new three-employee Charities Unit to investigate philanthropies One attorney and one paralegal to bolster the Open Government Unit Two new Information Technology employees and one "eDiscovery Management" specialist New software for cybersecurity, body worn cameras and eDiscovery Complex litigation expenses for health care, energy rate reviews, and gun cases McKee's budget for next year includes $51.6 million for the attorney general's office, up from $46.5 million approved by lawmakers for the current year and nearly the $52.5 million Neronha asked for. But the extra money in the budget would not pay for the new hires Neronha wants, but rather the 5% pay raises the McKee administration awarded state workers last year, which were not included in the budget passed by lawmakers over the summer. Not the first budget brawl between departments This isn't the first time Neronha has asked for a budget boost and been denied by McKee. In 2023 Neronha's requested a $2-million increase to pay for, among other things, a new cold case unit. After McKee didn't include it in his budget, state lawmakers added it to the state's final end of session spending plan. (McKee's office noted that they had included extra funding for the attorney general in 2022.) McKee and Neronha have also clashed over issues including the eviction of a State House homeless encampment, enforcement of an apartment lead abatement law and the investigation of McKee's contracts to friendly education nonprofit the ILO Group. Now Neronha's request for a bigger budget is once again in the General Assembly's hands. "The Attorney General has discussed these issues with the Speaker, and is very grateful to both the Speaker and the Senate President for the support they have given our Office over the years to expand our capacity to help Rhode Islanders," Rondeau wrote in an email on the budget.