December 20, 2015 Cut up the credit cards: States have $5T in debts taxpayers will have to pay Coast to coast, states are leaving taxpayers on the hook for massive debt payments over the coming decades as state governments continue to abuse their metaphorical credit cards.
December 20, 2015 Illinois taxpayers paying billions to ‘manage’ debt Illinois taxpayers realize the state is buried in debt.
December 20, 2015 State, local governments face massive, growing budget gaps in 2015 and beyond As the calendar flips to 2015, fiscal pressures will continue to tax the budgets of state and local governments.
December 20, 2015 Judge OKs Detroit's plan to get out of bankruptcy A judge on Friday approved Detroit's plan to get out of bankruptcy, ending the largest public filing in U.S. history and launching the city into a turnaround that will require discipline after years of corruption, budget-busting debt and an exodus of residents.
December 20, 2015 Report: State budgets fudge numbers to hide massive debt America's red ink runs much deeper than you think.
December 20, 2015 Beckham's bid to bring soccer, stadium to Miami taking political and business header Will Miami bend it for Beckham? Retired soccer star David Beckham has international fame and clout, but he’s struggling to get the Miami community to allow him to start a pro team and build a stadium in the city.
December 20, 2015 Illinois spending $1,166 per bird to bring in prairie chickens The cash-strapped Illinois government has found a new use for its fleet of aircraft – flying birds into Illinois.
December 20, 2015 Lights, cameras, tax breaks! PA House OKs more subsidies for Hollywood Pennsylvania lawmakers will soon be racing to fill a budget deficit that could top $1 billion in the next fiscal year, but there’s still a glimmer of hope the financial news won’t be all bad, at least if you’re M. Night Shyamalan or another Hollywood filmmaker that likes to shoot movies in the Keystone State.
December 20, 2015 Illinois Dems back off $100 million push for Obama library following outrage Illinois Democrats are backing off a plan to give $100 million of state money toward landing President Obama’s presidential library and museum -- following accusations of voting “shenanigans” and nasty Chicago-style politics, not to mention the state’s dire financial situation.
December 20, 2015 Cash-strapped Illinois gov't eyes Chicago casino as revenue jackpot When you're hungry, even a three-day-old banana and sardine sandwich looks good. And when you are as broke as Illinois, the promise of billions of dollars from a Chicago casino looks amazing.
