December 20, 2015 Detroit strikes two deals over pensions with police, firefighters, other former employees The city of Detroit reached tentative agreements to preserve pensions for retired police office and firefighters but cut monthly payments for other former employees, key deals that could accelerate the largest public bankruptcy in U.S. history, officials said Tuesday.
December 20, 2015 Illinois Gov. Quinn wants to make ‘temporary’ tax increases permanent Illinois Gov. Pat Quinn is telling taxpayers he cannot lie -- he plans to keep Illinois' "temporary" income tax increases.
December 20, 2015 Detroit spends more to issue parking fines than it collects Restructuring consultants have recommended that Detroit increase its parking fines and crack down harder on people who don't pay to boost revenue for the bankrupt city, which currently pays $32 to issue and process a $30 parking violation.
December 20, 2015 Study of pension reform costing Pennsylvania taxpayers more than $1 million As Pennsylvania lawmakers continue to debate pension reform, the meter is running.
December 20, 2015 Unlucky winners: Illinois lottery halts payouts of over $600 over state budget deadlock Feeling like you've hit the jackpot through the Illinois Lottery? Well, think again.
December 20, 2015 Chicago sued over 'amusement tax' on streaming services Netflix, Spotify A group of Chicago residents is suing the city for allegedly trying to sneak in a 9 percent tax on streaming services like Netflix, Spotify and Amazon Prime.
December 20, 2015 Kansas to cap welfare ATM withdrawals at $25 per day Kansas is bleeding money. Lawmakers in the Sunflower State have been scrambling for years to make up a $400 million revenue gap following a 2012 income tax cut that left deep holes in the state budget.
December 20, 2015 California Dems push to repeal 'welfare queen' law California Democrats are trying to reverse a decades-old state law that bars families from getting extra welfare money for having an additional child, describing the law as "sexist" and "classist" -- despite concerns that repealing it could compound the state's money woes.
December 20, 2015 Amtrak crash reignites Capitol Hill debate over infrastructure spending, burden of sequester House Speaker John Boehner was having none of it Thursday morning.