Friday, April 2, 2021

Defense Business Brief: Still no skinny budget; M&A drama, Space threats and more.

Still, that's not stopping Republican posturing for more military funding. Biden is expected to ask Congress to approve a defense budget between $704 and $708 billion , which is basically the same as the Pentagon has in its coffers this year.

Sen. Jim Inhofe, R-Okla., the ranking member of the Senate Armed Services Committee, called in a Newsweek piece for increased defense spending to counter increased Chinese military spending. "Beijing...talked a big game at the first bilateral showdown in Anchorage two weeks ago—but has backed that talk up by increasing the PLA defense budget by 6.8 percent this year.

Publisher: Defense One
Date: 2021-04-02T17:16:57 00:00
Author: Marcus Weisgerber
Reference: (Read more) Visit Source



In case you are keeping track:

Mobile sports betting a possibility in state budget: Local experts weigh in | RochesterFirst

ROCHESTER, N.Y. (WROC) — As we wait for NYS to release it's budget plan for next year – one controversial topic lawmakers are debating right now is a possibility of mobile sports betting.

Todd Harrison – department chair of Sports Management at St. John Fisher College says think of this like an app on your phone. You make an account, add a certain amount of money on it, and bet on sports games of your choice. He says the question right now isn’t a matter of if it will be legal, but how it will be rolled out.

logo
Publisher: RochesterFirst
Date: 2021-04-02T22:58:23 00:00
Author: Eriketa Cost
Reference: (Read more) Visit Source



How to budget for a CRM implementation | CustomerThink

Many business owners and CXOs wish to budget for their IT initiatives. In this article, we will be exploring one such approach keeping in mind a CRM implementation case on hand.

In business lingo, implementing a CRM solution is a capital expense. A capital expense (or CAPEX) is spent on assets or services to improve the business. Strictly as per definition, this CAPEX must be on something that the company is going to be using more than a year. Usually IT solutions last much longer and hence fit into this category.

Reference: (Read more) Visit Source



Frontier Airlines IPO: Budget carrier bets on leisure travel recovery

Shares of the discount carrier began public trading Thursday, edging lower at midday. The Denver-based airline and its private owners hope to raise $570 million before costs from the IPO after pricing 30 million shares at $19, the low end of a $19 to $21 target. The stock opened at $18.61, then bumped up to $19.06 before dipping back down to $18.54.

CEO Barry Biffle said Frontier will remain focused on the leisure-travel market, unlike bigger airlines that depend on high-paying business travelers.

Publisher: USA TODAY
Author: David Koenig
Reference: (Read more) Visit Source



did you hear about this:

Budget Negotiators: Private School Voucher Program Fully Funded, Pre-Release Facilities to Close

Negotiators from the Maryland Senate and House of Delegates finalized details of the state's 2022 budget on Thursday, approving a plan expected to tally more than $52 billion.

That figure represents a dramatic increase over the $49.35 billion budget as originally introduced by Gov. Lawrence J. Hogan Jr. (R) thanks to a rebounding economy and federal stimulus funds flowing to states.

Negotiators made short work of ironing out differences between the budget bill as it passed in each chamber.

Publisher: Maryland Matters
Reference: (Read more) Visit Source



Proposed Niles budget shows lost revenues, recommendation to borrow $18.7 million for street

More than $18 million in road improvements planned across Niles over the next three years are part of a $73.4 million budget plan to be voted on by elected officials this month.

Highlights of the 2021-22 fiscal year budget for the village were shared with the Village Board on March 15 and March 31. A public hearing on the budget is scheduled for April 27 at 6:30 p.m. prior to the scheduled adoption of the plan.

In her opening remarks on March 31, Hadley Skeffington-Vos, acting village manager, noted that the last year "wasn't great financially for the village of Niles," prompting each department to present "pretty lean budgets" that subsequently went through two rounds of cuts.

Publisher: chicagotribune.com
Date: AAC9C18F70AC386BC4DCF4DDF9BF1786
Author: Jennifer Johnson
Twitter: @chicagotribune
Reference: (Read more) Visit Source



Moreau accepts way-under-budget sewer bid; Troy firm to complete job for $11.08 million | Local |

An aerial view looking south on Route 9 in Moreau as the road nears Northway Exit 17, with Route 197 intersecting at the bottom right, as seen in 2018. The sewer line will be constructed along this portion of Route 9, and officials hope the wooded areas will then be developed.

MOREAU — The lowest bidder won the Moreau Route 9 sewer project Tuesday, cutting the expected cost of the project by millions of dollars.

New Castle Paving of Troy will build the sewer project over the course of the next two years for $11.08 million.

Publisher: Glens Falls Post-Star
Date: 106560791A6200A80BCECBE5E23A2EA2
Author: KATHLEEN MOORE kmoore poststar com
Twitter: @poststar
Reference: (Read more) Visit Source



Amtrak's $80B budget request would include service to Columbus

The nation's passenger rail system, Amtrak, published maps showing potential route expansions throughout the country this week that included adding a stop in Columbus and expanding service in Ohio.

The map is part of Amtrak's pitch for federal infrastructure funding that would expand conventional rail service by more than 30 routes and as many as 20 million commuters by 2035. There were 32 million commuters who used Amtrak in fiscal year 2019.

If there's enough political goodwill, a large investment in funding and the plan moves forward, it would be the first time Columbus has had a passenger rail line since 1979. The last line that ran through the city, dubbed the National Limited, took travelers from Kansas City to New York. The last train was described as "a proud old songstress taking her last curtain call," according to Dispatch archives.

Publisher: The Columbus Dispatch
Author: Beth Burger
Reference: (Read more) Visit Source



Happening on Twitter

No comments:

Post a Comment

The Relevance Of The Natural Sciences Methods In Economics

Reference:...