Photo credit: KAREN BLEIER/AFP/Getty Images

DC Ends Year With 3rd Straight Budget Surplus

District of Columbia officials say the city ended last fiscal year with a $321 million surplus, continuing a run of fiscal health since the end of the recession that has outpaced most states and municipalities.


Photo credit: KAREN BLEIER/AFP/Getty Images

Virginia Ends Year With Nearly $600M Surplus

Virginia government ended its last fiscal year with a surplus of nearly $600 million, the largest in eight years.


(Credit: Win McNamee/Getty Images)

McDonnell: Virginia’s Cash Reserve to Approach $1 Billion

Gov. Bob McDonnell says the state will be able to beef up its “rainy day” cash reserve fund to almost $1 billion from the past fiscal year’s surplus.


(Photo Credit: TIM SLOAN/AFP/Getty Images)

Barry Says D.C. Should Spend Some of Surplus

D.C. Councilmember Marion Barry says he’s going to try to force the city to spend up to $100 million of its $417 million budget surplus on services for disadvantaged residents.


Social Security supporters attend a rally in the Dirksen Senate Office Building (Photo by Chip Somodevilla/Getty Images)

Social Security Surplus Dwarfed By Future Deficit

As millions of baby boomers flood Social Security with applications for benefits, the program’s $2.7 trillion surplus is starting to look small.



Get every new post delivered to your Inbox.

Join 2,036 other followers