News
US Government Records $146.8 Billion May Deficit
Posted on · The deficit increase reflects in part the impact of the $1.5 trillion tax cut that President Donald Trump pushed through Congress in December
Tag: deficit
Local
Houston City Council Members Heed Mayor’s Warning In Budget Amendments
Posted on · Wednesday was the deadline for council members to submit their amendments to Mayor Sylvester Turner’s proposed budget, which seeks to close a $160 million deficit.
Education News
HISD Board Discusses Proposed Budget Cuts
Posted on · Trustees expressed concerns about some of the proposals to close a looming budget gap.
Local
Moody’s Downgrades Houston’s Bond Rating, Cites Low Oil Prices & High Debt
Posted on · The city was dropped from an Aa2 to an Aa3. Listen to Houston Mayor Sylvester Turner address the city's financial issues.