Debt, State Debt | featured news

Wisconsin's Walker to absent Democrats: 24 hours to return

Wisconsin's Republican Gov. Scott Walker said on Monday that absent senate Democrats have 24 hours to return and vote on a measure to reduce the power of public sector unions or the state will miss out on opportunity to refinance its debt.

 

Obama to propose relief for states overburdened by debt

Heavily indebted states could get immediate relief from the Obama administration under a plan to temporarily suspend interest payments they owe the federal government for borrowing money to cover the soaring cost of unemployment benefits.

 

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