Over half of U.S. states will have to close a combined budget gap of 55 billion dollars, according to a report by the Center on Budget and Policy Priorities in the 2013 fiscal year. To avoid raising taxes, most states are implementing continued cuts to deal with budget shortfalls.
Republican presidential candidate Mitt Romney continued Tuesday to push back on calls to release more years of tax returns and defended keeping investments in offshore accounts — both issues that have been dogging his run for the White House.
High-profile experts are staging two separate Washington press conferences Tuesday to demand action on public-debt problems. One group is targeting state budget crises; the other, the federal budget mess.
If the ancient Greek philosopher Plato were still alive, he might hold a third press conference to declare: "It's hopeless. I told you so. Democracy will always degenerate into chaos because people will vote for their immediate self interests, not the long-term good."
The cliche "every vote counts" is sure to get a workout this election season. A new report from the National Urban League says the African-American vote could play a critical role in November. Host Michel Martin talks with Chanelle Hardy of the National Urban League and David Bositis of the Joint Center for Political and Economic Studies.
Once again, a push by Democrats to force outside campaign spending groups to reveal their big hidden donors has been stymied. Last night for the second time, Senate Republicans closed ranks and blocked legislation on what's known as the Disclose Act. And as it happens, that legislation would've affected groups that are a key source of spending this year, favoring Republican presidential hopeful Mitt Romney. NPR's David Welna explains.
Republican presidential candidate Mitt Romney says he can do better than President Obama at finding jobs for unemployed Americans. One way he would do that is by bringing back personal re-employment accounts.
When people lose their jobs, one of the first places they turn to is their state unemployment office, where they can sign up for unemployment benefits; they often can enroll in some kind of retraining class as well.
In 2004, the Bush administration conducted an experiment to begin privatizing a small part of the federal retraining program.