May 2, 2016 New Jersey Supreme Court sides with Christie on pensions New Jersey's top court sided Tuesday with Gov. Chris Christie in his fight against public-worker unions over pensions, preserving major cuts meant to stave off a budget crisis -- and giving the governor a win as he weighs a Republican presidential bid.
May 2, 2016 Illinois justices overturn state's landmark 2013 pension law The Illinois Supreme Court on Friday struck down a 2013 law that sought to fix the nation's worst government-employee pension crisis, a ruling that forces the state to find another way to overcome a massive budget deficit.
January 13, 2016 Atlantic City casino revenue cut by half over 9 years Atlantic City has lost more than half of its casino revenue during the past nine years.
December 21, 2015 Detroit bankruptcy moves forward as judge rules city can shed debt Detroit's historic bankruptcy will move forward after a judge ruled Tuesday that the financially crumbling city is eligible to shed billions in debt.
December 21, 2015 Illinois Legislature approves historic fix for $100B pension crisis The House voted 62-53 in favor of the plan, sending it to Gov. Pat Quinn, who has said he will sign it.
December 21, 2015 Ruling in Detroit bankruptcy case expected Tuesday 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 collection up for grabs.
December 21, 2015 Plan to fix Illinois pension problem heads to House, Senate The Associated Press confirmed with six members of the 10-member panel that they had signed the measure Monday after arriving in Springfield for a special session.
December 21, 2015 In states' latest battle with organized labor, Illinois public unions target Democratic lawmakers The latest battle between organized labor and states trying to fix huge budget problems by cutting pension costs has resurfaced in Illinois, where public union leaders are waging an all-out effort to stop the Democrat-led campaign.
December 21, 2015 Citizens take law into own hands after cash-strapped Ore. county guts sheriff's office When budget woes reduced the sheriff's department in one rural Oregon county to a bare-bones force, residents decided to take matters into their own hands.
December 21, 2015 Illinois pension battle could create deeper fiscal hole With the fight over solving Illinois' worst-in-the-nation pension shortfall now headed to the courts, the financially troubled state faces a grim possibility: The plan could be tossed, and Illinois could wind up in an even deeper fiscal hole than the one it's in now.
