Maharashtra finance department launches austerity drive

“Therefore, deputy chief minister Ajit Pawar (who also holds the finance portfolio) has instructed that only proposals of paramount importance should be sent for consideration. All proposals should be scrutinized carefully and presented to the finance minister only in exceptional cases,” it added. Maharashtra’s debt burden on March 31, 2013 was Rs 2.46 lakh crore. It is estimated to balloon to Rs 2.7 lakh crore by March 31, 2014.

Democrat Seeks Tea-Party Support in Campaign Finance Lawsuit

Ylan Q. Mui Minutes of July meeting show that officials remain divided over when to begin pulling back on bond-buying. More business news So far, Greeces European partners and the International Monetary Fund have committed 240 billion euros ($320 billion) in loans. At an election rally Tuesday in Ahrensburg, near Hamburg, Schaeuble said: There will have to be a program for Greece once again. Schaeuble didnt specify what form that might take but insisted anew that it wont be a second debt haircut following a massive debt restructuring deal agreed with private sector bondholders last year.

German finance minister: Greece will need another aid program, but it won’t be a debt haircut

“You can spend the money, but the law does require, as Congress intended, that you [tell] the public where the money is coming from,” Van Hollen said Wednesday. The fight over political spending has taken on new urgency since 2010, when the Citizens United decision struck down campaign finance laws that had previously checked outside groups’ political spending. Outside political spending has exploded since the decision, as have the number of groups seeking 501(c)4 status. More than 3,200 groups sought the status in 2012, as opposed to 1,735 in 2010. Van Hollen said that his primary goal in the suit was campaign finance transparency, but he hoped that the suit’s ancillary consequences could pull in allies from the opposite end of the political spectrum.

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