Lisa's Feed
Nov 23, 2011

Not there yet: US states can’t meet revenue forecasts

WASHINGTON/SAN FRANCISCO, Nov 23 (Reuters) – Revenues for
U.S. states may be getting better, but generally they are
still not good enough.

The early part of 2011 may have lured some states into a
false sense of comfort. Most began their fiscal years on July
1, using revenue projections made earlier, when the outlook
for the rest of the year looked solid.

Nov 18, 2011

U.S. debt deal has states, cities bracing for cuts

Nov 18 (Reuters) – State and local governments say there is
only one sure effect of the current U.S. deficit negotiations
on their budgets: cuts.

And with their tax revenues still not back to pre-recession
levels after being hit hard during the financial crisis, state
and local governments are keeping a careful eye on the events
in Washington.

Nov 15, 2011

Americans stay put as mover rate reaches record low

WASHINGTON (Reuters) – The percentage of Americans changing homes in the United States fell to a record low last year, according to the Census Bureau.

“The record low mover rate was driven by a drop in the likelihood of people moving from one location to another within the same county,” Alison Fields, chief of the Census Bureau’s migration statistics branch, said in a statement on Tuesday.

Nov 14, 2011

Scenarios: What Supreme Court ruling could mean for healthcare

WASHINGTON (Reuters) – The U.S. Supreme Court agreed on Monday to decide the fate of President Barack Obama’s healthcare reform law in the coming year, charting a course that will have an impact on the 2012 election campaign, the law, the healthcare industry and the states.

At issue is whether Congress overstepped its powers by requiring that all Americans buy health insurance by 2014 or pay a penalty, a provision known as the individual mandate.

Nov 14, 2011

What Supreme Court ruling could mean for healthcare

WASHINGTON, Nov 14 (Reuters) – The U.S. Supreme Court
agreed on Monday to decide the fate of President Barack Obama’s
healthcare reform law in the coming year, charting a course
that will have an impact on the 2012 election campaign, the
law, the healthcare industry and the states.

At issue is whether Congress overstepped its powers by
requiring that all Americans buy health insurance by 2014 or
pay a penalty, a provision known as the individual mandate.

Nov 8, 2011

Appeals court backs Obama healthcare law

WASHINGTON (Reuters) – President Barack Obama’s signature healthcare law got a boost on Tuesday when an appeals court agreed with a lower court that dismissed a challenge and found the law’s minimum coverage requirement was constitutional.

The Appeals Court for the District of Columbia Circuit upheld a lower court ruling that had found it constitutional to require Americans to buy healthcare insurance coverage by early 2014 or face a penalty and had dismissed a lawsuit challenging it.

Nov 8, 2011

U.S. appeals court backs Obama healthcare law

WASHINGTON, Nov 8 (Reuters) – President Barack Obama’s
signature healthcare law got a boost on Tuesday when a U.S.
appeals court agreed with a lower court that dismissed a
challenge and found the law’s minimum coverage requirement was
constitutional.

The U.S. Appeals Court for the District of Columbia Circuit
upheld a lower court ruling that had found it constitutional to
require Americans to buy healthcare insurance coverage by early
2014 or face a penalty and had dismissed a lawsuit challenging
it.

Nov 3, 2011

Pockets of poverty grow in the United States

WASHINGTON (Reuters) – The problem of poverty became more acute in many U.S. neighborhoods in the Midwest and South over the last decade, threatening schools, safety and public health, while raising costs for local governments, according to a study released on Thursday.

The Brookings Institution, an independent research group, found the populations of extreme poverty neighborhoods grew by one-third over the last 10 years.

Nov 3, 2011

Pockets of poverty grow in the United States: study

WASHINGTON (Reuters) – The problem of poverty became more acute in many U.S. neighborhoods in the Midwest and South over the last decade, threatening schools, safety and public health, while raising costs for local governments, according to a study released on Thursday.

The Brookings Institution, an independent research group, found the populations of extreme poverty neighborhoods grew by one-third over the last 10 years.

Oct 31, 2011

Rocky revenue stirs up Colorado tax debate

WASHINGTON (Reuters) – Colorado voters on Tuesday will decide a ballot proposition that entwines two tax issues currently dominating the U.S. presidential contest: flat rates and increases.

Colorado is one of seven states with a flat income tax, according to the Federation of Tax Administrators. Proposition 103 on its ballot would raise the rate to 5 percent from 4.63 percent of income and hike the sales tax to generate $2.9 billion in revenue over the next five years for education.