Government And Institutions

Wisconsin projected budget shortfall grows to $1.8 billion

Wisconsin's state budget will be nearly $1.8 billion in the red by mid-2017 based on a new estimate Monday, providing Democrats with more fodder to argue that Gov. Scott Walker and Republicans in control of the Legislature have mismanaged the state's finances.

Treasury to Limit Profitability of Overseas Shifts

Treasury Secretary Jacob Lew said the White House will decide 'in the very near future' what actions it can take to make it less profitable for U.S. companies to shift their legal addresses to other countries.