Published 1 month ago

Houston mayor admits city is ‘broke,’ proposes tax hikes and cuts to remedy massive budget deficit

Houston's Democratic mayor acknowledges the city is in financial trouble, proposing a 5% spending cut and new taxes to address a $160 million deficit.
Texas as a whole has a $32.7 billion surplus, possibly highlighting contrasting economic situations between the state and Houston.
The former mayor, citing a $420 million budget surplus, actually left a $160 million deficit due to overspending, needing measures like spending cuts to balance the budget.

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Washington Examiner

Houston mayor admits city is ‘broke,’ proposes tax hikes and cuts to remedy massive budget deficit

Houston Mayor John Whitmire said the city is "broke" and proposed cuts to city spending and possible tax hikes to fill the deficit.

1 month ago·Washington, United States

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abc 13 Houston

'We don't have the money': Economist weighs in on finances after mayor claims city is 'broke'

Is Houston broke? Two council members said there's enough money to avoid being classified as such, but an economist told ABC13 otherwise after looking into the city's finances.

1 month ago·Houston, United States

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The Gateway Pundit

Houston Democrat Mayor John Whitmire Declares City is 'Broke' | The Gateway Pundit | by Jim Hᴏft

Democrat Mayor John Whitmire delivered a sobering message to the citizens of Houston, declaring that the city is “broke.” I think we can all agree on that, we are broke.

1 month ago·United States

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The Western Journal

Dem Mayor Admits His City Is Broke with Tens of Millions in Debt, Couldn't Even Pay Firefighters

Houston’s Democratic mayor admitted at a meeting last week that the country’s fourth-largest city is “broke.” Mayor John Whitmire was elected in December, overwhelmingly defeating Democratic Rep. Sheila Jackson Lee. […] The post Dem Mayor Admits His City Is Broke with Tens of Millions in Debt, Couldn't Even Pay Firefighters appeared first on The Western Journal.

1 month ago·Phoenix, United States

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Independent Journal Review

Dem Mayor Admits His City Is Broke with Tens of Millions in Debt, Couldn’t Even Pay Firefighters

Houston’s Democratic mayor admitted at a meeting last week that the country’s fourth-largest city is “broke.” Mayor John Whitmire was elected in December, overwhelmingly defeating Democratic Rep. Sheila Jackson Lee. Now, staring down a deficit of $160 million, he is proposing spending cuts and potential new taxes to repair the damage done by his Democratic predecessors, according to KRIV-TV. “I think we can all agree that we’re broke,” Whitmire …

1 month ago

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dailyfetched.com

Dem Mayor Admits His City on the Verge of Bankruptcy

Houston’s Democratic mayor has admitted that his city, the fourth largest in the U.S., is in millions of dollars worth of debt and cannot afford to pay for firefighters. Mayor John Whitmire, elected after defeating Democratic Rep. Sheila Jackson Lee last year, sounded the alarm about his city’s money woes in a meeting. As the city now faces a deficit of $160 million, Whitmireis proposes spending cuts and tax increases to tackle the massive damag…

1 month ago

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Houston mayor admits city is ‘broke,’ proposes tax hikes and cuts to remedy massive budget deficit

0 Articles

0 Articles

Houston mayor admits city is ‘broke,’ proposes tax hikes and cuts to remedy massive budget deficit

Houston mayor admits city is ‘broke,’ proposes tax hikes and cuts to remedy massive budget deficit

'We don't have the money': Economist weighs in on finances after mayor claims city is 'broke'

'We don't have the money': Economist weighs in on finances after mayor claims city is 'broke'

Houston Democrat Mayor John Whitmire Declares City is 'Broke' | The Gateway Pundit | by Jim Hᴏft

Houston Democrat Mayor John Whitmire Declares City is 'Broke' | The Gateway Pundit | by Jim Hᴏft

Dem Mayor Admits His City Is Broke with Tens of Millions in Debt, Couldn't Even Pay Firefighters

Dem Mayor Admits His City Is Broke with Tens of Millions in Debt, Couldn't Even Pay Firefighters

Dem Mayor Admits His City Is Broke with Tens of Millions in Debt, Couldn’t Even Pay Firefighters

Dem Mayor Admits His City Is Broke with Tens of Millions in Debt, Couldn’t Even Pay Firefighters

Dem Mayor Admits His City on the Verge of Bankruptcy

Dem Mayor Admits His City on the Verge of Bankruptcy

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