As he did in last year’s budget, President Obama has called for a cap on retirement accounts, even though the personal savings rate in America hovers in the low single digits. Obama has added a provision to encourage...
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- State Budgets: Mississippi Considering Hiring Freeze and Cigarette ...
State Budgets: Mississippi Considering Hiring Freeze and Cigarette Tax Increase in New Budget
With tax collections down, Mississippi legislators have proposed a hiring freeze in their first draft of a $5 billion budget proposal for 2010. In November, Gov. Haley Barbour (R) imposed $42 million in cuts to balance the current budget. Barbour supports a cigarette tax increase in the 2010 budget.
More on Mississippi here.
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