Official: 'Real' cuts needed due to $289 million shortfall blamed on business tax credits
Gov. Rick Snyder's budget director said there will be "real" cuts to government services after economists agreed Friday that revenue is $289 million short of projections in the current state budget and $527 million below what was expected in the next fiscal year.
New GOP Gov. Rauner replaces director of state Department of Agriculture, a campaign pledge
Illinois' new Republican governor followed through on a campaign pledge Friday to replace the director of the Department of Agriculture, a former state lawmaker whom he'd criticized for not being a farmer.
Nebraska senators seek to capitalize on Nebraska wind energy with tax breaks, less regulation
A group of senators says Nebraska is losing in the nationwide push for renewable energy.
Legalizing marijuana in Vermont could mean millions in tax revenue for the state, study says
Vermont could reap hundreds of millions of dollars in tax revenue if it were to legalize marijuana, but only if other nearby states don't also jump on the bandwagon, according to a study released Friday.
Gov. Rick Snyder vetoes bills that would have given special treatment to e-cigarettes
Gov. Rick Snyder vetoed bills Friday to prohibit e-cigarettes from being regulated as tobacco products under Michigan law.
Foreign holdings of US Treasury securities rise 1 percent to record $6.11 trillion in November
Foreign holdings of U.S. Treasury securities rose to a record level in November following two months of declines, reflecting a big increase in purchases by Japan.
Federal nuclear regulators cite Millstone for 'very low' safety issues related to water pump
The Nuclear Regulatory Commission says a special inspection of a backup pump at the Millstone Power Station has raised two findings it characterizes as of "very low safety significance." The backup pump is used to help cool the reactor after a shutdown.
Brownback proposes slowing income tax cuts, raising tobacco, liquor taxes to balance budget
Kansas would nearly triple its cigarette tax, raise taxes on alcohol and slow down promised income tax cuts to balance its budget under proposals Republican Gov. Sam Brownback outlined Friday.
Arizona governor to balance budget by cutting universities, other programs and gimmicks
Arizona Gov. Doug Ducey will slash 10 percent from state university funding, give only a token increase to K-12 schools, and essentially double the current $8 vehicle license fee as part of a plan to balance the upcoming state budget that was released Friday.
Puerto Rico governor approves 68 percent boost in oil tax to bolster revenues, bond sales
Puerto Rico's governor signed a law Thursday that will increase the excise tax on a barrel of crude oil by 68 percent to help generate funds and sell an anticipated $2.9 billion in bonds.
Prices at the gas pump are low, but raising fuel taxes still feels perilous to Congress
The new Republican-controlled Congress is facing an old problem: where to find the money for highway and transit programs.
New Jersey contends law requiring state to make full pension contributions is unconstitutional
A New Jersey judge is weighing whether she has the power to force Gov. Chris Christie and the Legislature to make promised payments to public employee pension funds.
Moving swiftly, US eases Cuba travel and trade rules _ punching hole in 5-decade-old embargo
Swiftly expanding trade ties with Cuba, the Obama administration opened the door to easier travel and a wide range of new export opportunities with the communist island starting Friday, punching the biggest hole to date in America's half-century-old embargo.
LePage seeks $2M in budget for legal fees when attorney general declines to represent state
Republican Gov. Paul LePage wants to set aside $2 million in Maine's budget to cover legal fees for cases in which the state's top attorney declines to represent the state.
Figures on government spending and debt
Figures on government spending and debt (last six digits are eliminated).
FBI raids crematorium and body donation center in suburban Chicago
A three-day FBI raid of a suburban Chicago crematorium and an affiliated company that arranges the donation of human remains was wrapping up Thursday, authorities said, but they refused to disclose what led to the search or what evidence was seized.
EU's top court says budget carrier Ryanair can block unauthorized price comparison sites
The European Union's top court has ruled that Ryanair has the right to block or impose conditions on price comparison websites that mine data from the budget carrier's online database without its permission.
Average rate on 30-year mortgage falls to 3.66 pct, lowest since May 2013; 15-year below 3 pct
Average long-term U.S. mortgage rates fell for the third straight week, with the benchmark 30-year rate again marking its lowest level since May 2013.
Apple, Google join 2 other tech companies in $415 million settlement of wage lawsuit
Apple, Google and two other Silicon Valley companies have agreed to pay $415 million in a second attempt to resolve a class-action lawsuit alleging they formed an illegal cartel to prevent their workers from leaving for better-paying jobs.
5 things to know about tax filing and Obama's health law
The IRS is cutting taxpayer services just as President Barack Obama's health law is making filing a tax return more complicated.