By Becky Bohrer | 04/21/14 08:07 AM
The Alaska Senate unanimously passed legislation setting out a new approach for addressing the state's pension obligation Saturday, less than three hours after the plan emerged from the Senate Finance Committee.
By Associated Press | 04/21/14 07:59 AM
Colorado budget-writers are nearing a decision on how new marijuana taxes should be spent.
By Becky Bohrer | 04/21/14 07:58 AM
After blowing past midnight on what was supposed to be the last day of session, Alaska lawmakers planned to plow on with their work on Monday in a bid to resolve their differences on education.
04/20/14 12:45 PM
PORTLAND, Maine (AP) — Years after federal stimulus dollars funded a Maine Forest Service Project to heat with local wood products, schools and other facilities report they have slashed energy bills in half while supporting jobs in the state's struggling timber industry. However, some project...
04/19/14 10:45 AM
HARRISBURG, Pa. (AP) — A proposal to slap Pennsylvania's booming natural gas industry with a new tax is turning the heads of Republican lawmakers amid an increasingly grim budget picture. Some Republicans in the Capitol are predicting that a tax on natural gas extraction could end up in...
By Tim Talley | 04/18/14 08:02 AM
The top Democrat in the Oklahoma House said Thursday that legislators shouldn't cut the state income tax this year, citing declining revenue and critical public education and transportation needs.
By Susan Haigh | 04/18/14 07:58 AM
Minority Republicans in the Connecticut General Assembly on Thursday offered an alternative $18.9 billion state budget that scraps the governor's proposed $55 tax rebate, ends the state's earned income tax credit program for the working poor and doesn't include what the GOP calls Democratic...
By Shikha Dalmia | 04/17/14 07:10 PM
In Detroit's unfolding saga, the only innocent victims are city residents. So if there is any case for a Motown bailout, it is to make the city more livable for them. However, that seems to be the main goal of neither the Democratic White House nor the state's Republican governor -- both of...
04/17/14 06:30 PM
DETROIT (AP) — Looking years ahead, the judge overseeing Detroit's bankruptcy said Thursday he wants assurances from the mayor and other elected leaders that they'll follow a final plan that likely cuts pensions, sheds debt and plows millions into better services. The bankruptcy case — the...
By Yevgeniy Feyman | 04/17/14 05:37 PM
In a recent update to its projections for Obamacare's cost, the Congressional Budget Office estimated that the net cost of the law has fallen by about $109 billion through 2024. Amidst a multitude of factors, one stands out: a significant reduction in projected exchange subsidies of about $164...
By Joseph Lawler | 04/17/14 03:45 PM
The enormous bailout of the U.S. financial system at the height of the financial crisis in fall 2008 is on track to cost the federal government $27 billion, the Congressional Budget Office estimated in a report issued Thursday afternoon.
04/17/14 03:00 PM
WASHINGTON (AP) — One branch of District of Columbia government sued another Thursday over how best to achieve a goal that both sides agree on: the ability of the city to spend its local tax dollars without authorization by Congress. The D.C. Council and Mayor Vincent Gray office both support...
04/17/14 02:45 PM
WASHINGTON (AP) — A Senate Democratic bill gradually increasing the federal minimum wage to $10.10 hourly would require private businesses to spend $15 billion more in salaries when it takes full effect in 2017, the Congressional Budget Office estimated Thursday. The nonpartisan budget...
04/17/14 01:16 PM
WASHINGTON (AP) — A report released Thursday by the nonpartisan Congressional Budget Office says President Barack Obama's budget request would mean significantly larger budget deficits than the White House claims. CBO says the budget plan proposed last month by Obama would produce deficits of...
By Joseph Lawler | 04/17/14 11:20 AM
President Obama's budget would not place the federal debt on a downward path over the next 10 years, according to projections released by the Congressional Budget Office on Thursday. The CBO, Congress’ nonpartisan budget scorekeeper, projected that if the president’s proposals were to go...
By Byron York | 04/23/14
By Washington Examiner | 04/23/14
By Byron York | 04/22/14
By Paul Bedard | 04/24/14
By Joel Gehrke | 04/22/14