HBCUs could lose as much as $85 million a year in federal support as Congress looks to make deficit-reducing budget cuts, the Root reports. SEE ALSO: All Eight Sandusky Accusers To Testify But now, just when the country needs HBCUs the most, many in Congress want to slash the federal support HBCUs receive by more […]

Roland Martin talks with Dr. Maya Rockeymoore and Dr. Julie Ajinka about how the Debt Super Committee’s decisions to cut $1.5 trillion dollars will impact African-Americans.

The White House might issue cuts to Medicare and Medicaid as part of negotiations over slashing the federal budget, according to TheDailyBeast.com. It’s not clear how large the cuts would be, with the White House and Senate Democratic leaders saying they’d be contingent on the size of increases in revenue Congress would have to agree […]

VIA THE WASHINGTON POST: Mayor Adrian M. Fenty proposed an $8.9 billion budget blueprint Thursday that he said does “more with less,” eliminating hundreds of jobs and freezing employee pay raises. To close an estimated $500 million gap, Fenty would raise hourly parking meter rates in some areas by a quarter, increase the city’s 911 […]

VIA WASHINGTON POST: The D.C. bookmobile will be parked, neighborhood libraries will close on Sundays and all city libraries will close on Monday holidays beginning Oct. 5 to help save $4.8 million, as the District tries to cope with its budget crunch. The library cutbacks are one of a number of service reductions that District […]

WASHINGTON, D.C. – Budget problems will force $40 million in budget cuts by D.C. Public Schools by the end of October. The move announced Wednesday could prompt teacher layoffs and increasing class sizes. The D.C. schools budget is estimated at $700 million, and the budget ax has fallen. It’s still uncertain of the effect it […]