A dozen Senate Democrats joined Republicans in voting against a stimulus package that would add about $80 billion to the deficit. President Obama says it will save state and local jobs.
New York State lawmakers are likely to approve another short-term fix to prevent a threatened government shutdown. Delay in closing an $8.5 billion budget gap is only making things worse, some analysts say.
For most states, new taxes are off the agenda next fiscal year, according to reports from the National Governors Association. The recovering economy will yield higher tax revenues for states, but not to pre-recession levels.
Rand Paul, Republican candidate for US Senate from Kentucky, is perhaps the closest thing there is to a 'tea party' candidate. In that light, his recent controversial comments are telling.
Visiting a manufacturing plant in Youngstown, Ohio, President Obama said the $787 billion Recovery Act helped avert a possible depression. Critics – especially Republicans – aren't so sure.
The bad news is that Washington has to make hard choices now to avert disaster. The good news is that some members of Congress are showing real political courage.