By Jim Kuhnhenn | 12/05/13 09:40 AM
WASHINGTON — Amid public doubts over his stewardship of the economy, President Barack Obama is putting a renewed focus on the income gap between rich and poor as he pushes for short-term congressional action and begins setting the domestic agenda for the remainder of his presidency. The...
By Cal Thomas | 12/04/13 05:34 PM
U.S. Bankruptcy Court Judge Steven Rhodes has ruled that Detroit may seek to protect itself from its creditors under Chapter 9 municipal bankruptcy protection, thus making this once-proud city the largest municipality in American history to go bust. The city is $18 billion in the hole thanks...
By Joseph Lawler | 12/04/13 12:42 PM
More than half of American families live on less than $60,000 a year, and almost half have earnings that are just two and a half times the federal poverty level, according to a study released by the Hamilton Project on Wednesday, when President Obama is scheduled to take the podium to draw...
By Associated Press | 12/04/13 11:05 AM
BALTIMORE — A Windsor Mill couple has pleaded to food stamp fraud in a plot to redeem the benefits in exchange for cash. Fifty-year-old Amara Cisse and his wife, 45-year-old Fanta Keita, entered the plea Tuesday in federal court in Baltimore.
12/04/13 10:19 AM
State officials say a new centralized processing system is designed to make the application process more efficient but social service advocates said the process makes it harder to sign up and easier to get thrown off food stamp rolls.
By Associated Press | 12/04/13 09:14 AM
SPRINGFIELD, Ill. — The Illinois Legislature approved a historic plan Tuesday to eliminate the state's $100 billion pension shortfall, a long-delayed decision proponents described as critical to repairing the state's deeply troubled finances but that faces the immediate threat of a legal...
By Joseph Lawler | 12/03/13 03:32 PM
Extending emergency unemployment benefits for another year would cost $26 billion, the Congressional Budget Office estimated Tuesday. That's lower than the total for this year's one-year extension, which was roughly $30 billion. The program, authorized in 2008, has become less costly as the...
By Associated Press | 12/03/13 09:13 AM
OLYMPIA, Wash. — A worsening unemployment rate in Washington state is leading to extended unemployment benefits for some.
By Ed White | 12/03/13 09:09 AM
DETROIT — A judge was expected to announce Tuesday whether Detroit can come up with a plan to get rid of $18 billion in debt in the largest public bankruptcy in U.S. history, a case that ultimately could crack a shield protecting public pensions and also put the city's extraordinary art...
By Kerry Lester | 12/03/13 09:07 AM
SPRINGFIELD, Ill. — Illinois lawmakers were poised Tuesday to vote on a plan to solve the state's $100 billion pension crisis — a proposal many are calling the most important vote of their careers and one that could deeply reduce the retirement benefits of hundreds of thousands of workers...
By Charlie Spiering | 12/04/13
By Paul Bedard | 12/05/13
By Byron York | 12/03/13
By Noemie Emery | 12/04/13
By Paul Bedard | 12/04/13