US & Canada round-up: Obama promises to veto any spending bill with sequestration cuts , and more

9 Apr 15

A round-up of recent public finance stories from the US & Canada you might have missed.

 
President Obama said he will refuse to sign any spending measure for fiscal 2016 and beyond that does not walk back the spending caps required by sequestration, setting up a fiscal showdown with the Republican controlled Congress committed to reducing federal spending. (Government Executive)
 
 
Funding for Ontario schools for the 2015/16 year will remain stable at $22.5bn, but education minister Liz Sandals says more money is being spent per student due to declining enrolment. (CBC)
 
 
State government in Montana received a score of 92%, or an A-minus grade, in new ratings from the US Public Interest Research Group on how the state provides transparency in government spending. (Missoulian)
 
 
President Barack Obama said that he's ready to sign good bipartisan legislation to fix Medicare's doctor payment problem, without endorsing any specific legislation. (Associated Press via The State Journal)
 
 
ANALYSIS: After a tumultuous fall and winter filled with protests against the province’s austerity measures and controversial changes in the health care system, municipal pensions and daycare fees, the budget tabled in the National Assembly on Thursday is one the Couillard government cannot afford to get wrong. (CBC)
 
 
The federal government is spending more than $85m on several Parks Canada sites in Cape Breton including the Cabot Trail and Fortress of Louisbourg. (The Herald News)

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