Louisiana projects $1.2 billion budget shortfall

Louisiana will likely face another billion-dollar budget gap next year, which could bruise Gov. Bobby Jindal’s chances for the White House in 2016.

For the first time in four years, state tax revenues declined in the first quarter

Early data for the second quarter suggest that the declines continued.


McAuliffe announces $2.4 billion projected budget gap in Va.; blames defense cuts

(Bob Brown / AP)

The governor cited defense cuts due to sequestration, especially in Northern Va. and Hampton Roads.

Social Security clients hurt by staff, office-hour cuts

Staffing and office hour cuts lead to longer waits for service for Social Security recipients.

Postal Service reports $2 billion loss for third quarter

The agency also announced Monday that it will default for a fourth consecutive year on its $5.7 billion prefunding payment for retiree health benefits.

Lawmakers back IGs concerned about timely access to records

The heads of the House and Senate oversight committees issued a letter expressing “grave concerns” about agencies limiting access to records requested by inspectors general.

Postal Service to release third-quarter numbers Friday. Here’s how the agency has been trending.

The agency’s numbers have been negative for years, but they’ve trended in a positive direction for the past few quarters.

The United States is stuck on the ‘wrong track’

Polls show unhappiness approaching shutdown levels -- again.

Kansas bond rating downgraded after tax cuts

Big tax cuts and no spending cuts means Kansas has to pay more to borrow.

Conservative benefactor Art Pope stepping down as North Carolina’s budget chief

Pope’s wide-ranging influence has made him a politically charged figure in the state.