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(The Center Square) — Gov. Jeff Landry presented his administration's budget proposal for the 2025-2026 fiscal year, emphasizing fiscal restraint and continued reductions in government spending.
The Fiscal Responsibility Act of 2023, passed in June 2023, resolved that year's debt-ceiling crisis and set spending caps for FY2024 and FY2025. The act called for $895 billion in defense spending and $711 billion in non-defense discretionary spending for fiscal year 2025, representing a 1% increase over fiscal year 2024. [10]
The reserves in the budget include a $10.9 billion rainy day fund, a $1.5 billion public school rainy day fund and a $4.5 billion Newsom's 2025-2026 budget released, highlights disaster relief ...
Gov. J.B. Pritzker delivers his 2025 State of the State and Budget Address. ©BlueRoomStream ... This proposed budget enacts cost-saving operational efficiencies, improves productivity, curtails ...
In the table, the fiscal years column lists all of the fiscal years the budget covers and the budget and budget per capita columns show the total for all those years. Note that a fiscal year is named for the calendar year in which it ends, so "2022-23" means two fiscal years: the one ending in calendar year 2022 and the one ending in calendar ...
LANSING — Gov. Gretchen Whitmer made free preschool and community college a centerpiece of an $80.7 billion budget she presented to state lawmakers Wednesday for the 2025 fiscal year that starts ...
A state spending plan for fiscal 2025 delivered Thursday in the Missouri House cuts $2 billion from the proposal Gov. Mike Parson made in January, largely through adjustments for the depletion of ...
The fiscal year 2025-2026 budget controversially did not include funding for fixing the roads, leading to the governor proposing a separate plan. The budget proposed will total $83.5 billion, just ...