California and other states need to start being honest about their budgets and future liabilities, or face a terrible reckoning a generation from now, that according to the State Budget Crisis Task Force.
Gov. Jerry Brown’s budget for the coming fiscal year calls for an 8.5 percent increase in general fund spending coupled with a dedication to pay down the state’s debt by more than $11 billion.
College debt means dreams delayed for many graduates. A little-known program could help many former students get off the hook for their debts.
Detroit’s bankruptcy comes on the heels of similar filings in recent years by Vallejo and Stockton. Phil Matier, joined by former SF Mayor Willie Brown, says there are lessons to be learned.
Despite rising tuition and growing student loan debt, college is still a good investment.
Most tax filers are getting a refund after they file their 2012 return. With the average refund running about $3,000, a lot of people will be thinking about what to do with the extra cash.
Spending time on Facebook could leave users with an increased waistline, and decreased self-control, according to a new study.
Speaker John Boehner believes he holds a strong hand in fiscal cliff and debt limit talks. He is, once again, taking the global economy hostage and playing politics with the U.S. debt limit.
Democratic Leader Nancy Pelosi said there is “No time to waste” in reaching an agreement to reduce national debt.
Bouncing a check has never been a good thing to do, and in a strange twist of irony where people are writing few and fewer of them—the penalty for writing a bad one might be harsher than it was before.