A Pew study finds a $1 trillion gap in state obligations for pensions and health benefits of government workers. Rather than a federal bailout, many states need to follow the reforms of more frugal states.
Ten states from Arizona to Oregon now face a fiscal crisis, says a Pew report. Some economists say additional stimulus is needed to soften the economic impact of impending state budget cuts.
Thursday's ruling makes it the second state to legalize same-sex marriage.