Dems don't even have to raise taxes to deliver good stuff for Texans.
Those giant budget surpluses and rainy day fund is right there.
Deliver some wins Day 1.
Those giant budget surpluses and rainy day fund is right there.
Deliver some wins Day 1.
November 4, 2026 at 6:43 AM
Dems don't even have to raise taxes to deliver good stuff for Texans.
Those giant budget surpluses and rainy day fund is right there.
Deliver some wins Day 1.
Those giant budget surpluses and rainy day fund is right there.
Deliver some wins Day 1.
BREAKING: Gov. Ned Lamont has defeated state Sen. Ryan Fazio, the Associated Press projects. He will serve a rare third term as Connecticut's governor.
Gov. Ned Lamont defeats Ryan Fazio, winning 3rd term
Gov. Ned Lamont, a Democrat buoyed by Connecticut’s extraordinary string of budget surpluses, won a third term over Republican Ryan Fazio.
ctmirror.org
November 4, 2026 at 2:30 AM
BREAKING: Gov. Ned Lamont has defeated state Sen. Ryan Fazio, the Associated Press projects. He will serve a rare third term as Connecticut's governor.
Also worth telling these numbnuts that a Labor Government is the only Australian federal government to have delivered two actual budget surpluses in the past 20 years, and the first to have achieved back-to-back surpluses in nearly two decades.
November 1, 2026 at 1:49 AM
Also worth telling these numbnuts that a Labor Government is the only Australian federal government to have delivered two actual budget surpluses in the past 20 years, and the first to have achieved back-to-back surpluses in nearly two decades.
Economic tough love now, political gold in future.
If Treasurer Chalmers can convince PM Albanese to show a bit of spine on economic policy, Labor can go to the 2028 election with political gold dust of budget surpluses, low inflation & interest rate cuts.
independentaustralia.net/politics/pol...
If Treasurer Chalmers can convince PM Albanese to show a bit of spine on economic policy, Labor can go to the 2028 election with political gold dust of budget surpluses, low inflation & interest rate cuts.
independentaustralia.net/politics/pol...
Budget tough love could deliver Labor an election-winning surplus
Treasurer Jim Chalmers could turn Labor’s political fortunes around with spending cuts that deliver budget surpluses, lower inflation and interest rate relief ahead of the 2028 Election.
independentaustralia.net
November 2, 2026 at 9:09 PM
Economic tough love now, political gold in future.
If Treasurer Chalmers can convince PM Albanese to show a bit of spine on economic policy, Labor can go to the 2028 election with political gold dust of budget surpluses, low inflation & interest rate cuts.
independentaustralia.net/politics/pol...
If Treasurer Chalmers can convince PM Albanese to show a bit of spine on economic policy, Labor can go to the 2028 election with political gold dust of budget surpluses, low inflation & interest rate cuts.
independentaustralia.net/politics/pol...
I am certainly no finance expert, but I I’m glad to see this validation, genuinely: that rooting out graft & corruption and taxing those who now pay nothing would pay for that agenda! Also a growing economy is one that creates surpluses!
November 5, 2026 at 12:47 AM
I am certainly no finance expert, but I I’m glad to see this validation, genuinely: that rooting out graft & corruption and taxing those who now pay nothing would pay for that agenda! Also a growing economy is one that creates surpluses!
Conservatives in this state zeroing in on their talking point of Democrats ‘getting rid of budget surpluses’ now that they’re in charge. And yes, they absolutely should because the entire point of a government budget is to run at $0. Otherwise our tax dollars are wasted. That’s the fucking point.
November 5, 2026 at 1:44 AM
Conservatives in this state zeroing in on their talking point of Democrats ‘getting rid of budget surpluses’ now that they’re in charge. And yes, they absolutely should because the entire point of a government budget is to run at $0. Otherwise our tax dollars are wasted. That’s the fucking point.
Jim Chalmers could turn Labor’s political fortunes with spending cuts that deliver budget surpluses, lower inflation and interest rate relief ahead of the 2028 Election.
Budget tough love could deliver Labor an election-winning surplus
~ @thekouk.bsky.social
buff.ly/Fe9b3Aq
Budget tough love could deliver Labor an election-winning surplus
~ @thekouk.bsky.social
buff.ly/Fe9b3Aq
Budget tough love could deliver Labor an election-winning surplus
Treasurer Jim Chalmers could turn Labor’s political fortunes around with spending cuts that deliver budget surpluses, lower inflation and interest rate relief ahead of the 2028 Election.
buff.ly
November 2, 2026 at 9:01 PM
Jim Chalmers could turn Labor’s political fortunes with spending cuts that deliver budget surpluses, lower inflation and interest rate relief ahead of the 2028 Election.
Budget tough love could deliver Labor an election-winning surplus
~ @thekouk.bsky.social
buff.ly/Fe9b3Aq
Budget tough love could deliver Labor an election-winning surplus
~ @thekouk.bsky.social
buff.ly/Fe9b3Aq
The Berlin wall had come down, the USSR was over, the economy was mostly doing well in America, which reduced it's budget deficit and ran budget surpluses under Clinton, back in the 1990s.
October 30, 2026 at 11:46 PM
The Berlin wall had come down, the USSR was over, the economy was mostly doing well in America, which reduced it's budget deficit and ran budget surpluses under Clinton, back in the 1990s.
Budget surpluses, price controls, nationalization of industries, etc. But usually it should be budget surplus + interest rate hikes to reduce demand in the economy. Outside of that you end up with hyperinflation or scarcity, lots of proven cases over the last 200 years.
November 3, 2026 at 7:07 AM
Budget surpluses, price controls, nationalization of industries, etc. But usually it should be budget surplus + interest rate hikes to reduce demand in the economy. Outside of that you end up with hyperinflation or scarcity, lots of proven cases over the last 200 years.
This is an opportunity for electricity storage arbitrage. But right now, most of technologies we've deployed at scale work on the timeline of hours or maybe days. These surpluses need to be shifting weeks or even months. So there's still technology that needs to be researched and developed!
October 30, 2026 at 5:43 PM
This is an opportunity for electricity storage arbitrage. But right now, most of technologies we've deployed at scale work on the timeline of hours or maybe days. These surpluses need to be shifting weeks or even months. So there's still technology that needs to be researched and developed!
#MMT Card 4 of 12, Deficits, Surpluses and the Function of Tax. Icon: A tap labelled "spend" fills a bucket that drains through a pipe labelled "tax". Taxes do not fund spending. They release real resources by regulating non-government purchasing power.
November 4, 2026 at 10:51 AM
#MMT Card 4 of 12, Deficits, Surpluses and the Function of Tax. Icon: A tap labelled "spend" fills a bucket that drains through a pipe labelled "tax". Taxes do not fund spending. They release real resources by regulating non-government purchasing power.
The Zeeland City Council is set to discuss a crucial 10-year financial forecast that reveals a promising yet declining surplus, prompting important funding decisions for the future.
Get the details!
#ZeelandOttawaCounty #MI #CommunityInvestment #CitizenPortal #ZeelandFinance
Get the details!
#ZeelandOttawaCounty #MI #CommunityInvestment #CitizenPortal #ZeelandFinance
Zeeland staff presents 10-year General Fund forecast; recommends selective use of surpluses and further study of financing
A staff financial update projects positive but narrowing General Fund surpluses through FY2037, preserves ongoing transfers for streets and library, and recommends using one-time surpluses selectively for capital needs while studying debt options tied to anticipated Mead Johnson tax revenues.
citizenportal.ai
November 1, 2026 at 9:54 PM
The Zeeland City Council is set to discuss a crucial 10-year financial forecast that reveals a promising yet declining surplus, prompting important funding decisions for the future.
Get the details!
#ZeelandOttawaCounty #MI #CommunityInvestment #CitizenPortal #ZeelandFinance
Get the details!
#ZeelandOttawaCounty #MI #CommunityInvestment #CitizenPortal #ZeelandFinance
To all my Verona people @jessicacalarco.com @jmelendezbadillo.bsky.social, god I want your neighbors to know this.
With BILLIONS in state surpluses each of the past two years, when the total 2yr statewide cost of an extra 325/pupil was ~$800M, yr boy Marklein was like, Fuck it. Let’s make ppl hurt.
With BILLIONS in state surpluses each of the past two years, when the total 2yr statewide cost of an extra 325/pupil was ~$800M, yr boy Marklein was like, Fuck it. Let’s make ppl hurt.
Marklein made the decision add $0 to the pot of general school aids for the 2yr budget we’re under.
But districts were entitled to raise an extra $325/kid each yr.
Bc of Marklein, it’s all property taxes.
Marklein’s voters are paying $24m in extra prop taxes that the state could have made free.
But districts were entitled to raise an extra $325/kid each yr.
Bc of Marklein, it’s all property taxes.
Marklein’s voters are paying $24m in extra prop taxes that the state could have made free.
Jenna Jacobson is a second-term state representative from Oregon, Wis. Wisconsin got new maps in 2024. She thought this might mean a more "purple budget" in 2025. But the budget committee co-chair Howard Marklein "didn't do that."
"So, I decided it was time to send him home.”
"So, I decided it was time to send him home.”
November 2, 2026 at 11:00 AM
To all my Verona people @jessicacalarco.com @jmelendezbadillo.bsky.social, god I want your neighbors to know this.
With BILLIONS in state surpluses each of the past two years, when the total 2yr statewide cost of an extra 325/pupil was ~$800M, yr boy Marklein was like, Fuck it. Let’s make ppl hurt.
With BILLIONS in state surpluses each of the past two years, when the total 2yr statewide cost of an extra 325/pupil was ~$800M, yr boy Marklein was like, Fuck it. Let’s make ppl hurt.
The “loanable funds” version of crowding out, where the Treasury competes for a fixed stock of savings, is a weak model. The sectoral-balances logic does hold in the accounting: a large Govt deficit mirrors private-sector surpluses or foreign lending.
November 2, 2026 at 7:47 AM
The “loanable funds” version of crowding out, where the Treasury competes for a fixed stock of savings, is a weak model. The sectoral-balances logic does hold in the accounting: a large Govt deficit mirrors private-sector surpluses or foreign lending.
…and the governor’s race. ctmirror.org/2026/11/03/g...
Gov. Ned Lamont defeats Ryan Fazio, winning 3rd term
Gov. Ned Lamont, a Democrat buoyed by Connecticut’s extraordinary string of budget surpluses, won a third term over Republican Ryan Fazio.
ctmirror.org
November 4, 2026 at 12:11 PM
…and the governor’s race. ctmirror.org/2026/11/03/g...
I just feel like this whole saga with the ferries has been an unmitigated example of how neoliberal austerity budgeting & simplistic "government as a household" metaphors for deficits & surpluses (looking at you too Labour) just inevitably leads to terrible outcomes, particularly for infrastructure.
October 28, 2026 at 7:35 PM
I just feel like this whole saga with the ferries has been an unmitigated example of how neoliberal austerity budgeting & simplistic "government as a household" metaphors for deficits & surpluses (looking at you too Labour) just inevitably leads to terrible outcomes, particularly for infrastructure.
Aren’t sovereign wealth funds kind of best for countries with trade surpluses?
October 30, 2026 at 2:10 AM
Aren’t sovereign wealth funds kind of best for countries with trade surpluses?
Biggest government budget surpluses, 2026 forecast (% of GDP, countries with 1M+ people)
1. 🇰🇼 Kuwait: +15.8%
2. 🇳🇴 Norway: +13.5%
3. 🇴🇲 Oman: +6.0%
4. 🇨🇬 Congo: +5.2%
5. 🇦🇿 Azerbaijan: +3.7%
6. 🇸🇬 Singapore: +3.7%
7. 🇨🇾 Cyprus: +2.3%
Source: IMF World Economic Outlook, October 2026
#econsky
1. 🇰🇼 Kuwait: +15.8%
2. 🇳🇴 Norway: +13.5%
3. 🇴🇲 Oman: +6.0%
4. 🇨🇬 Congo: +5.2%
5. 🇦🇿 Azerbaijan: +3.7%
6. 🇸🇬 Singapore: +3.7%
7. 🇨🇾 Cyprus: +2.3%
Source: IMF World Economic Outlook, October 2026
#econsky
November 4, 2026 at 10:00 AM
Biggest government budget surpluses, 2026 forecast (% of GDP, countries with 1M+ people)
1. 🇰🇼 Kuwait: +15.8%
2. 🇳🇴 Norway: +13.5%
3. 🇴🇲 Oman: +6.0%
4. 🇨🇬 Congo: +5.2%
5. 🇦🇿 Azerbaijan: +3.7%
6. 🇸🇬 Singapore: +3.7%
7. 🇨🇾 Cyprus: +2.3%
Source: IMF World Economic Outlook, October 2026
#econsky
1. 🇰🇼 Kuwait: +15.8%
2. 🇳🇴 Norway: +13.5%
3. 🇴🇲 Oman: +6.0%
4. 🇨🇬 Congo: +5.2%
5. 🇦🇿 Azerbaijan: +3.7%
6. 🇸🇬 Singapore: +3.7%
7. 🇨🇾 Cyprus: +2.3%
Source: IMF World Economic Outlook, October 2026
#econsky
Oh, we have pumped credit into the economy through our red hot housing market - bidding up the price of weatherboard shacks. The deficits and surpluses have to balance out. It's just accounting. Which begs the question (which would be an actually smart gotcha)... [6/n]
October 30, 2026 at 9:22 PM
Oh, we have pumped credit into the economy through our red hot housing market - bidding up the price of weatherboard shacks. The deficits and surpluses have to balance out. It's just accounting. Which begs the question (which would be an actually smart gotcha)... [6/n]
Up until the change in government in the US, inflation was under control, wages were beginning to grow and the economy was relatively healthy, debt was being repaid plus several surpluses. And then some psychotic right wing idiots decided to implement their dream policies, and here we ALL are
After years of inflation pain, the political script is tired and in need of a reset
ANALYSIS: Can anything break politics out of its inflation doom loop?
Jim Chalmers has fronted up after 41 post-rates press conferences, saying the same thing at many of them. He's not alone, but will Labor or the Coalition take the risk to change the script?
www.abc.net.au
November 3, 2026 at 6:39 PM
Up until the change in government in the US, inflation was under control, wages were beginning to grow and the economy was relatively healthy, debt was being repaid plus several surpluses. And then some psychotic right wing idiots decided to implement their dream policies, and here we ALL are
Most common second choice for Novick voters (so far) was Koyama Lane.
November 4, 2026 at 9:49 PM
Most common second choice for Novick voters (so far) was Koyama Lane.
The fact is that in the past 20 yrs, ever since the onset of the global financial crisis, Oz has delivered surpluses on just two occasions.
Given our status as a leading commodity-exporting nation during the biggest mining boom in global history, that truly is a remarkable failure.
Given our status as a leading commodity-exporting nation during the biggest mining boom in global history, that truly is a remarkable failure.
November 3, 2026 at 1:39 AM
The fact is that in the past 20 yrs, ever since the onset of the global financial crisis, Oz has delivered surpluses on just two occasions.
Given our status as a leading commodity-exporting nation during the biggest mining boom in global history, that truly is a remarkable failure.
Given our status as a leading commodity-exporting nation during the biggest mining boom in global history, that truly is a remarkable failure.
A heated debate in Kootenai County reveals how Idaho's tax policies are shaping the future of local budgets and state spending.
Get the details!
#KootenaiCounty #ID #KootenaiCountyTaxation #GovernmentGrowth #CitizenPortal #PropertyTaxRelief #FiscalResponsibility
Get the details!
#KootenaiCounty #ID #KootenaiCountyTaxation #GovernmentGrowth #CitizenPortal #PropertyTaxRelief #FiscalResponsibility
County commissioner: state surpluses fuel spending, property-tax caps constrain local budgets
A county commissioner and another elected participant debated how Idaho's projected state surpluses affect government growth and praised recent measures that direct extra revenue toward property-tax relief rather than enlarging state spending.
citizenportal.ai
November 1, 2026 at 3:27 AM
A heated debate in Kootenai County reveals how Idaho's tax policies are shaping the future of local budgets and state spending.
Get the details!
#KootenaiCounty #ID #KootenaiCountyTaxation #GovernmentGrowth #CitizenPortal #PropertyTaxRelief #FiscalResponsibility
Get the details!
#KootenaiCounty #ID #KootenaiCountyTaxation #GovernmentGrowth #CitizenPortal #PropertyTaxRelief #FiscalResponsibility
"Spending cuts in defence, segments of infrastructure, the absurd cash payment to Western Australia and even, at the margins, welfare and social security can yield meaningful savings."
Budget tough love could deliver Labor an election-winning surplus
Treasurer Jim Chalmers could turn Labor’s political fortunes around with spending cuts that deliver budget surpluses, lower inflation and interest rate relief ahead of the 2028 Election.
independentaustralia.net
November 4, 2026 at 1:02 AM
"Spending cuts in defence, segments of infrastructure, the absurd cash payment to Western Australia and even, at the margins, welfare and social security can yield meaningful savings."
if you are in Canada the CPP is fine and fully funded out for 75 years of pay outs, and the fund has current annual surpluses. OAS is paid out the treasury, I'd assume they'll have to tinker with the rules to make it sustainable. I can imagine a scenario where only the poorest get the OAS.
November 1, 2026 at 3:49 PM
if you are in Canada the CPP is fine and fully funded out for 75 years of pay outs, and the fund has current annual surpluses. OAS is paid out the treasury, I'd assume they'll have to tinker with the rules to make it sustainable. I can imagine a scenario where only the poorest get the OAS.