By Erika Niedowski | 08/18/14 09:01 AM
At first, Gina Raimondo thought solving Rhode Island's pension problem was just a matter of math: Billions of dollars of unfunded benefits were owed to the state's teachers, police officers, firefighters and others.
By Star Parker | 08/15/14 06:25 PM
We have a leader today who has a zero-sum worldview. It is not surprising that today's world, at home and abroad, increasingly shows these characteristics.
08/15/14 01:15 PM
ALBANY, N.Y. (AP) — New York's pension fund for state and local government workers reported Friday reaching a record high of $180.7 billion following a 3.6 percent return on investment in the most recent quarter. That includes "solid performance" in domestic and global stocks, which account for...
By Joseph Lawler | 08/15/14 12:23 PM
Congress created Ticket to Work in 1999 to address a growing problem, namely that the disability rolls were expanding rapidly and the disability program did little to encourage work among those able to hold a job. The idea was to give disability recipients a "ticket," or voucher, that employment...
08/15/14 06:45 AM
NEW YORK (AP) — The state labor department says New York City's unemployment rate has dropped. It was 7.8 percent in July. That's down from 7.9 percent in June. The Wall Street Journal (http://on.wsj.com/1nVIsgY ) says the drop occurred even though the private sector lost 9,000 jobs. A...
By Steve Chapman | 08/14/14 07:00 PM
Hillary Clinton will inevitably disappoint her liberal supporters if she takes the White House in 2016.
08/14/14 07:15 PM
AUSTIN, Texas (AP) — State lawmakers spent hours Thursday discussing ways to better provide low-income residents with health care since Texas has rejected the expansion of Medicaid under the federal Affordable Care Act, but the hearing ultimately generated more questions than answers. Texas is...
By Terence Jeffrey | 08/14/14 10:52 AM
On July 31, Congress and President Obama flew America past a dubious fiscal landmark toward what increasingly looks like a crash landing.
08/14/14 09:00 AM
WASHINGTON (AP) — More people applied for U.S. unemployment benefits last week, although jobless claims continue to be close to pre-recession levels. Weekly applications for unemployment aid climbed 21,000 to a seasonally adjusted 311,000, the Labor Department said Thursday. The prior week's...
08/13/14 06:46 PM
DETROIT (AP) — A federal judge has ordered another postponement in the start of a trial on Detroit's bankruptcy plan. Judge Steven Rhodes says in his order Wednesday that Detroit officials intend to submit a revised debt restructuring plan. He says for that reason, he's postponing the schedule...
By Joseph Lawler | 08/13/14 03:33 PM
The trust fund for the disability program will run out in late 2016, Social Security's Board of Trustees warned in late July. Without congressional action, disabled workers would immediately face a 25 percent cut in their benefits.
08/12/14 06:15 PM
DETROIT (AP) — A major Detroit creditor on Tuesday objected to the bankrupt city's plan to wipe out or reduce billions of dollars in debt, saying it should be scrapped before a trial scheduled to start next week. New York-based Syncora Guarantee said in a court filing that the plan put together...
08/12/14 03:07 PM
AUSTIN, Texas (Legal Newsline) – Texas Attorney General Greg Abbott reached a $19.5 million agreement on Monday with Taro Pharmaceuticals USA Inc. to resolve allegations of Medicaid fraud. Taro allegedly engaged in the fraudulent reporting of inflated drug prices to the Medicaid program....
By Luke Rosiak | 08/12/14 10:59 AM
Information on how many food stamp dollars are redeemed at which stores has long been deemed a "trade secret" by a U.S. Department of Agriculture that critics believe views large retailers, not taxpayers, as its clientele.
08/12/14 05:01 AM
LEXINGTON, Ky. (AP) — Kentucky farmers and ranchers still have time to apply for low-interest loans through the Farm Service Agency's direct farm ownership program. Kentucky FSA Executive Director John W. McCauley says the deadline to submit applications is Sept. 30. Eligible producers can...
By Byron York | 08/18/14
By Susan Crabtree | 08/19/14
By Betsy Woodruff | 08/20/14
By Ashe Schow | 08/19/14
By Susan Crabtree | 08/20/14