Budget News

The National Institutes of Health (NIH), the U.S. science funding agency, has seen its budget cut for the remainder of 2013.

Actor Ben Affleck is getting ready to tackle his next project, which is raising money and awareness for global poverty, and that is why he will live on $1.50 per day.

Of the $85 billion in cuts announced by the U.S. government, almost $8 billion will be cut from science spending (a 5% reduction). This is the outcome of the sequester agreed to by Congress and the White House to pass the debt ceiling.

Edmonton - The Alberta government released its third quarter fiscal update on Tuesday. As predicted by opposition parties and the Canadian Tax Payers Federation, Finance Minister Doug Horner announced a $3.5 to $4 billion deficit, due to reclining oil revenues

How to balance the federal budget, secure our ports and borders, and boost the economy without raising taxes or cutting services.

Jerusalem - Revelations that Israeli Prime Minister Benjamin Netanyahu had an annual ice cream budget have some Israelis criticizing the leader.

The state of our education system has been on my mind lately, I have some opinions on how I think we can make immediate changes to improve it. It requires sacrifice and give on both sides of this debate but I am positive as a nation we can do anything.

Edmonton - Faced with a $6 billion oil and gas revenue shortfall, Redford started, according to her, a conversation with Albertans, and held a town hall teleconference with Tory supporters. She floated a sales tax, health care premiums and bonds for new revenue.

Edmonton - Alberta Premier Alison Redford addressed the people of Alberta on Thursday evening. In her address, in what she depicted as starting a conversation with Albertans, Redford warned of very difficult choices her government will face.

Edmonton - Due to declining oil prices, revenues from oil royalties have decreased significantly, with Alberta losing $75 million a day. The dilemma of budget woes have prompted Alberta Premier Alison Redford to address Albertans.