Tag Archives: Government Spending

U.S. Leading Soft Landing for Global Economy 

State Library Ed. Note: If you cannot access this story directly from the source, state employees can access this New York Times story HERE via the State Library’s subscription to the US Newstream database. Alternatively, state employees can contact us for access: LibraryHelp.SLO@slo.oregon.gov or 503-378-8800.

GDP Q4 2023: The U.S. economy grew at a 3.3% pace in the fourth quarter

GDP was expected to grow at a 2% annualized rate in the fourth quarter of 2023, according to economists surveyed by Dow Jones. The economy grew at a much more rapid pace than expected while inflation eased in the final three months of 2023, as the U.S. easily skirted a recession that many forecasters had […]
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Federal Housing Assistance Shrinks as Cost of Rent Rises

State Library Ed. Note: If you cannot access this story directly from the source, state employees can access this New York Times story HERE via the State Library’s subscription to the US Newstream database. Alternatively, state employees can contact us for access: LibraryHelp.SLO@slo.oregon.gov or 503-378-8800.

Editorial: Oregon agency failed to track money | Opinion |

Oregon auditors did something they haven’t in 25 years — issued special warnings that a state agency did an abysmal job tracking how it spent money.The warnings have relatively tame names: a “disclaimer of opinion” and an “adverse opinion.” In auditor-speak, those are bad, bad news. Source: Editorial: Oregon agency failed to track money | […]
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Oregon auditors raise questions about millions of dollars in state agency spending 

In an audit released this week by the Oregon Secretary of State’s office, auditors flagged more than $35 million across 10 state programs that serve the most vulnerable state residents as being possibly misspent. Source: Oregon auditors raise questions about millions of dollars in state agency spending – OPB

Oregon auditors flag millions in misspent money in state agencies 

Oregon Secretary of State auditors unearthed millions of misappropriated dollars and a lack of oversight and accountability in four state agencies, according to an audit released Wednesday. In all, state auditors flagged $35.2 million of questionable spending within the Oregon Department of Human Services, Oregon Health Authority, Oregon Housing and Community Services and Higher Education […]
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Some movement reported in debt limit talks as Biden cuts short overseas trip

President Joe Biden and congressional leaders struggled to find common ground on the debt ceiling during a Tuesday meeting, though lawmakers said afterward there was some progress toward a deal. Biden and U.S. House Speaker Kevin McCarthy will become the two primary negotiators on a bipartisan debt limit bill that could include other items, such […]
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Public funding helped increase available child care slots in Oregon since 2020, OSU report finds

Available child care slots for young children in Oregon grew by almost 5% from March 2020 to December 2022, thanks in part to increased public funding for child care, a new report from Oregon State University found. In total, OSU researchers tallied 71,153 child care slots for ages 0-5 in 2022, up from 67,981 in […]
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The U.S. Built a European-Style Welfare State. It’s Largely Over. 

State Library Ed. Note: If you cannot access this story directly from the source, state employees can access this New York Times story HERE via the State Library’s subscription to the US Newstream database. Alternatively, state employees can contact us for access: LibraryHelp.SLO@slo.oregon.gov or 503-378-8800.

In Year’s First Six Months, County Spent Less Than Half Its Budgeted Metro Homeless Services Money

The underspending continues a trend from the previous year. Other counties did better. $22.3 million: That’s how much Metro homeless services bond money Multnomah County budgeted but failed to spend in the first half of the fiscal year. New figures for the first half of the current fiscal year show Multnomah County spent less than […]
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