By David A. Lieb | 06/25/14 08:53 AM
Missouri Gov. Jay Nixon vetoed or froze more than $1.1 billion in spending Tuesday, citing concerns about declining revenues and the potential for new tax breaks to drain state dollars even further.
By Peter Jackson | 06/25/14 08:51 AM
Republicans on the Pennsylvania House Appropriations Committee on Tuesday approved a spending blueprint that would hold the line on taxes, but would scale back increases for education and human services proposed by Gov. Tom Corbett while relying heavily on the unlikely sell-off of the state's...
By Associated Press | 06/25/14 08:49 AM
A judge is set to hear arguments over New Jersey Gov. Chris Christie's plan to use pension payments to balance the budget.
06/24/14 08:15 PM
SACRAMENTO, Calif. (AP) — Gov. Jerry Brown has signed a bill creating a long-term plan to pay down California's $74 billion in unfunded teacher pension liabilities. The governor signed AB1469 by Democratic Assemblyman Rob Bonta of Alameda on Tuesday. The move was largely a formality because...
06/24/14 11:45 AM
WASHINGTON (AP) — Senate supporters of legislation to renew long-term jobless benefits are backing a new approach in hopes of pressuring the House to reinstate the program after a lapse of six months. Democratic Sen. Jack Reed of Rhode Island and Republican Sen. Dean Heller of Nevada say...
06/24/14 06:46 AM
COPENHAGEN, Denmark (AP) — This is what it's like to live in Denmark, a nation with a narrower wealth gap than almost anywhere else: You've been jobless for more than a year. You have no university degree, no advanced skills. You have to pay a mortgage. And your husband is nearing retirement....
By Associated Press | 06/23/14 07:58 AM
Seven U.S. Postal Service employees are facing their first court appearances in a Connecticut fraud and larceny case.
By Judy Lin | 06/23/14 07:56 AM
California has been praised by health advocates for its early embrace of the federal health care expansion, but the new state budget has raised questions about its commitment to getting the poorest residents into doctors' offices and dentists' chairs.
By Erika Niedowski | 06/23/14 07:53 AM
Rhode Island's General Assembly adjourned for the year early Saturday after pushing through legislation outlining a plan to expand gambling in Newport and scores of other bills, including one suspending the use of standardized tests as a graduation requirement.
By Kelly Cohen | 06/20/14 04:46 PM
Medicaid wrongly paid out more than $14 billion last year to managed care organizations, often for treatments or services that were not necessary, never performed or weren't eligible for coverage. That's according to a new report from the Government Accountability Office. For comparison, $14...
By Elias R. Gutierrez | 06/20/14 12:00 PM
After nine years of economic stagnation, Puerto Rico is in desperate need of private investment, as the island teeters on financial collapse.
By Joseph Lawler | 06/20/14 09:06 AM
Federal Reserve Chairwoman Janet Yellen proclaimed “welcome news” in April: The prospect of a healthy economy was within the medium-term forecast. Fed officials expected the unemployment rate to fall to near 5.5 percent, with inflation stabilizing near the Fed's 2 percent target. The...
By Steve Chapman | 06/19/14 11:03 AM
The gross U.S. government debt now stands at $17 trillion, more than double what it was a decade ago. It's still expanding, as the Treasury pays out more than it takes in, and the shortfall is expected to grow over the next decade. So it's deeply gratifying to learn that Americans are "highly...
By Melinda Deslatte | 06/17/14 08:45 AM
Republican U.S. Sen. David Vitter on Monday left open the possibility of expanding Louisiana's Medicaid program to cover more of the working poor.
By Erika Niedowski | 06/17/14 08:42 AM
The Rhode Island Senate on Monday endorsed an $8.7 billion budget for the coming fiscal year that legislative leaders said makes bold changes to help the state economy, and sent it to Gov. Lincoln Chafee for his expected signature.
By Paul Bedard | 07/23/14
By Paul Bedard | 07/24/14
By Paul Bedard | 07/23/14
By Luke Rosiak | 07/23/14
By David M. Drucker | 07/24/14