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Source Match State News

States continue to wrestle with federal funding issues, budget shortfalls

The Fiscal Times: "Nationally, the number of Medicaid beneficiaries has risen by 8 percent a year since 2008, and 44 states have reported that they will exceed their enrollment and spending growth projections this year, the Kaiser Commission on Medicaid and the Uninsured reported. A dozen other states, including Arizona, Utah, Wisconsin and Maryland, have experienced double-digit annual ...

Asia stocks rise, yen steady but outlook unclear (Reuters)

People are reflected in a stock index board outside a brokerage in Tokyo August 31, 2010. REUTERS/Kim Kyung-HoonReuters - Asian stocks edged up and the yen held below a 15-year high on Thursday, after a small rally on Wall Street driven by successful European bond auctions gave investors an excuse to lighten up on their bets.


China prepares further property tightening (Reuters)

Reuters - Some Chinese cities are preparing fresh property tightening steps as housing transactions and prices show signs of a rebound, reinforcing market expectations that Beijing will not ease its grip on the sector any time soon.

Goldman Sachs fined $30.9 million in UK: report (Reuters)

Traders work in the Goldman Sachs stall on the floor of the New York Stock Exchange July 16, 2010. REUTERS/Brendan McDermidReuters - Goldman Sachs has been fined 20 million pounds ($30.9 million) by the UK's financial regulator for failing to disclose it was under fraud investigation by its U.S. counterpart, the BBC reported on Wednesday.


Australia regulator blocks NAB's $12 billion AXA unit bid (Reuters)

The AXA Asia Pacific logo sign is seen on a signboard at its headquarters in Melbourne September 9, 2010. Australia's competition regulator has blocked National Australia Bank's $12 billion bid for AXA Asia Pacific for a second time, dealing a blow to NAB's efforts to cement its dominance in the world's fourth-largest wealth management market. REUTERS/Mick TsikasReuters - Australia's competition regulator blocked National Australia Bank's $12 billion bid for AXA Asia Pacific for a second time, dashing NAB's efforts to cement its dominance in the world's fourth-largest wealth management market.


Study urges US to scale back Afghan troops, goals (AFP)

US soldiers take cover during a patrol in the Arghandab Valley on September 6. The United States should scale back troops and goals in Afghanistan as its military campaign has backfired and boosted the Taliban, according to a study billed as a Plan B for President Barack Obama.(AFP/File/Patrick Baz)AFP - The United States should scale back troops and goals in Afghanistan as its military campaign has backfired and boosted the Taliban, according to a study billed as a Plan B for President Barack Obama.


Highway deaths fall to lowest level since 1950 (AP)

AP - The number of people dying on the nation's roads has fallen to its lowest level in six decades, helped by a combination of seat belts, safer cars and tougher enforcement of drunken driving laws.

AP Exclusive: Backers of NYC mosque appear divided (AP)

Moving a Muslim community center and place of worship from its planned location near the site of the September 11, 2001 attacks in New York could fuel extremist violence, Imam Feisal Abdul Rauf, who is behind the project, said late Wednesday.(AFP/Pool/File/Hasan Jamali)AP - The group of Muslims planning to build a 13-story Islamic center and mosque near ground zero appears plagued by divisions that raise questions about the future of the project, with one major investor saying he is prepared to sell some or all of the site if the price is right.


BP report blames itself, others for oil spill (AP)

A British Petroleum (BP) logo is seen  at a petrol station in south London April 27, 2010. BP deflected much of the blame for a rig blast that led to the United States' worst-ever oil spill, releasing an internal report on Wednesday which said that drilling contractor Transocean had missed danger signs. REUTERS/Toby Melville/FilesAP - BP took some of the blame for the Gulf oil disaster in an internal report issued Wednesday, acknowledging among other things that it misinterpreted a key pressure test of the well. But in a possible preview of its legal strategy, it also pointed the finger at its partners on the doomed rig.


BP report blames itself, others for oil spill (AP)

A British Petroleum (BP) logo is seen  at a petrol station in south London April 27, 2010. BP deflected much of the blame for a rig blast that led to the United States' worst-ever oil spill, releasing an internal report on Wednesday which said that drilling contractor Transocean had missed danger signs. REUTERS/Toby Melville/FilesAP - BP took some of the blame for the Gulf oil disaster in an internal report issued Wednesday, acknowledging among other things that it misinterpreted a key pressure test of the well. But in a possible preview of its legal strategy, it also pointed the finger at its partners on the doomed rig.


Appeals court lets government halt torture lawsuit (AP)

FILE - A woman waits to get into the 9th U.S. Circuit Court of Appeals building in San Francisco, in this Sept. 22, 2003 file photo. A sharply divided 9th U.S. Circuit Court of Appeals Wednesday Sept. 8, 2010 threw out a lawsuit that challenged Boeing Co.'s role flying terrorism suspects to secret prisons and raised questions about the government's ability to quash lawsuits when state secrets are involved. (AP Photo/Paul Sakuma, File)AP - A sharply divided federal appeals court on Wednesday threw out a lawsuit challenging a controversial post-Sept. 11 CIA program that flew terrorism suspects to secret prisons.


Colorado wildfire destroys more than 130 homes (AP)

A tanker flies through smoke as a wildfire burns outside of Boulder, Colo. on Wednesday Sept. 8, 2010. Firefighters encountered a tangle of rattlesnakes, downed power lines and combustible propane tanks Wednesday as they struggled to get an upper hand on a wildfire that has destroyed dozens of homes.(AP Photo/Matt McClain)AP - A wildfire burning in the canyons and steep mountainsides near Boulder became one of the most destructive blazes in Colorado history Wednesday as authorities determined it had destroyed at least 135 homes in just three days.


Obama firm, won't yield on tax hike for wealthiest (AP)

President Barack Obama delivers remarks on the economy, Wednesday, Sept. 8, 2010, at the Cuyahoga Community College West Campus in Parma, Ohio.  (AP Photo/Pablo Martinez Monsivais)AP - Politically weakened but refusing to bend, President Barack Obama insisted Wednesday that Bush-era tax cuts be cut off for the wealthiest Americans, joining battle with Republicans — and some fellow Democrats — just two months before bruising midterm elections.


Obama firm, won't yield on tax hike for wealthiest (AP)

President Barack Obama delivers remarks on the economy, Wednesday, Sept. 8, 2010, at the Cuyahoga Community College West Campus in Parma, Ohio.  (AP Photo/Pablo Martinez Monsivais)AP - Politically weakened but refusing to bend, President Barack Obama insisted Wednesday that Bush-era tax cuts be cut off for the wealthiest Americans, joining battle with Republicans — and some fellow Democrats — just two months before bruising midterm elections.


Fla. minister determined to hold 9/11 Quran burn (AP)

Pastor Terry Jones, right,  of the Dove World Outreach Center arrives at a news conference with an armed escort in Gainesville, Fla., Wednesday, Sept. 8, 2010. Jones stated that he is going forward with a scheduled burning of copies of the Quran at his church on Saturday, Sept. 11.  (AP Photo/John Raoux)AP - A top general, the secretary of state, the White House and political and religious leaders from around the world have decried a plan by the leader of a small Florida church to burn copies of Islam's holiest text to mark the 9/11 attacks. The Rev. Terry Jones is not backing down.


States seek federal money for big bay cleanup plans

Complex pollution reduction roadmaps get mixed reactions Chesapeake Bay watershed states that have submitted hefty plans to reduce pollution are looking to the federal government to cover much, if not most, of the added expense of completing the troubled estuary's restoration.

LA police chief booed at community meeting (AP)

A man yells as he listens to Los Angeles police Chief Charlie Beck during a community meeting in Los Angeles, Wednesday, Sept. 8, 2010. Los Angeles police  Chief Charlie Beck has been greeted by boos, whistles and chants of 'justicia!' by an angry crowd at a community meeting intended to calm residents after the fatal police shooting of a knife-wielding man. (AP Photo/Jae C. Hong)AP - Police Chief Charlie Beck was greeted with boos, whistles and chants of "justicia" by an angry crowd at a community meeting Wednesday intended to quell violence that erupted over the past two nights after police fatally shot a knife-wielding man.


Clinton: Dems battling anger, apathy and amnesia (AP)

FILE - In this May 28, 2010 file photo, former President Bill Clinton looks on as Sen. Blanche Lincoln, D-Ark. in Little Rock, Ark. The days of Barack Obama traipsing the country in freewheeling campaign mode — with sky-high popularity serving as an asset to all Democratic candidates — are long over. And the White House knows it.  (AP Photo/Brian Chilson, File)AP - Former President Bill Clinton said Wednesday it would be a mistake for voters to give in to "anger, apathy and amnesia" and deprive Arkansas of the Senate Agriculture chairmanship by defeating Democratic Sen. Blanche Lincoln.


Economists cut U.S. growth forecast again (Reuters)

Reuters - Projected U.S. economic growth for the rest of this year and next was revised down for a third month in a row by a panel of about 50 economists.

Economists cut U.S. growth forecast again (Reuters)

Reuters - Projected U.S. economic growth for the rest of this year and next was revised down for a third month in a row by a panel of about 50 economists.

FDIC's Bair warns of government "exposure" in mortgages (Reuters)

Reuters - A key U.S. banking regulator raised concern on Wednesday about the risk of "exposure" the government is taking on in the mortgage market and urged more stringent standards for underwriting mortgages.

Bank of Korea keeps interest rate near record low (AP)

Kim Choong-soo, governor of the Bank of Korea, bangs the gavel to preside over a meeting to decide a benchmark call rate at its headquarters in Seoul, South Korea, Thursday, Sept. 9, 2010.  South Korea's central bank left its key interest rate near a record low Thursday for a second straight month amid a weakening outlook for the global economy.(AP Photo/Ahn Young-joon)AP - South Korea's central bank left its key interest rate near a record low Thursday for a second straight month as the risk of slowing global growth outweighed a buoyant outlook for the local economy.


U.S. slips in WEF's competitiveness rankings (Reuters)

Reuters - Switzerland remains the world's most competitive economy, while the United States has fallen from second to fourth, according to the World Economic Forum.

U.S. slips in WEF's competitiveness rankings (Reuters)

Reuters - Switzerland remains the world's most competitive economy, while the United States has fallen from second to fourth, according to the World Economic Forum.

Wind-whipped fires add to Detroit's economic woes (AP)

Burned cars and property are seen on the west side of Detroit, Wednesday, Sept. 8, 2010. A wind-swept fire swept through at least three Detroit neighborhoods, destroying dozens of homes, including many that were vacant, officials said. (AP Photo/Carlos Osorio)AP - For a city already struggling with high unemployment, widespread foreclosures and deep budget cuts, here was another crisis: Wind-whipped fires tearing through row after row of homes, some of them abandoned.


Wind-whipped fires add to Detroit's economic woes (AP)

Burned cars and property are seen on the west side of Detroit, Wednesday, Sept. 8, 2010. A wind-swept fire swept through at least three Detroit neighborhoods, destroying dozens of homes, including many that were vacant, officials said. (AP Photo/Carlos Osorio)AP - For a city already struggling with high unemployment, widespread foreclosures and deep budget cuts, here was another crisis: Wind-whipped fires tearing through row after row of homes, some of them abandoned.


Chicago mulls future without Daley power at helm (AP)

Chicago Mayor Richard M. Daley laughs as he meets with the media after a city council meeting, Wednesday, Sept. 8, 2010. Daley, who announced Tuesday, that he would not seek re-election in 2011 said he will not endorse anyone to replace him as leader of the nation's third-largest city as speculation grew about who would emerge as a front-runner from a long list of potential contenders. (AP Photo/M. Spencer Green)AP - The last time Chicago was left without a Daley at the helm, the next mayor was thrown out of office by voters angry because he couldn't keep snow off the streets.


Parties Prepping for Castle to Be Senate Nominee (CQPolitics.com)

CQPolitics.com - Even as the tea party movement vows to spend $250,000 in the coming days to defeat Rep. Michael N. Castle, campaign officials from both sides of the aisle concede that Castle should capture the Republican Senate nomination in next week's Delaware primary.

Congress Must Save Stem Cell Research (CQPolitics.com)

CQPolitics.com - The 111th Congress has a lot to do before it gives way to the 112th next year, but one thing it certainly should do is make clear where it stands on embryonic stem cell research.

DSCC reserves $2M for Murray (Politico)

Politico - The DSCC has bought upwards of $2 million in airtime across Washington state for the incumbent.

Remnants of Hermine flood Texas; buffet Oklahoma (AP)

Visitors to Salado, Texas snap photos of a submerged truck under the main street bridge on Wednesday morning, Sept. 8, 2010 as waters begin to receed from excessive rainfall caused by Tropical Storm Hermine. (AP Photo/Temple Daily Telegram, Rusty Schramm) MANDATORY CREDIT; TV OUTAP - The remnants of Tropical Storm Hermine swept northward through Texas and into Oklahoma on Wednesday, forcing more than 100 high-water rescues, swamping city neighborhoods, spawning tornadoes and killing at least two people.


Financial crisis panel tells NV leaders to be bold (AP)

Members of the Financial Crisis Inquiry Commission, from left, John Thompson and Phil Angelides listen to testimony from banking executives, analysts and public officials Wednesday, Sept. 8, 2010, in Las Vegas as part of its national effort to examine causes for the financial meltdown that led to the Great Recession.  (AP Photo/Julie Jacobson)AP - From mortgage problems to education and budget issues, Nevada leaders on Wednesday delivered a sobering assessment of the state's future as a result of the Great Recession during seven hours of testimony before a federal panel investigating the country's financial meltdown.


Obama: U.S. can't afford to extend tax cuts for rich (Reuters)

US President Barack Obama walks to the Oval Office at the White House in Washington, DC. Obama admitted Wednesday if US voters in the upcoming midterm elections make their choices based on their opinion of the economy, his Democratic Party could be in big trouble.(AFP/Jim Watson)Reuters - President Barack Obama, fighting to keep Democrats in charge of Congress, said on Wednesday the United States could not afford to extend Bush-era tax cuts for the rich and accused Republicans of being fiscally irresponsible.


Obama: Democrats in trouble if election based on economy (AFP)

US President Barack Obama walks to the Oval Office at the White House in Washington, DC. Obama admitted Wednesday if US voters in the upcoming midterm elections make their choices based on their opinion of the economy, his Democratic Party could be in big trouble.(AFP/Jim Watson)AFP - President Barack Obama admitted Wednesday if US voters in the upcoming midterm elections make their choices based on their opinion of the economy, his Democratic Party could be in big trouble.


CHP: Murder suspect strangled woman during pursuit (AP)

AP - A murder suspect linked to four deaths in Northern California strangled his girlfriend while being pursued by police at speeds of around 100 mph on a blown-out tire last week before being shot and killed by officers, authorities said Wednesday.

FBI: Bomb threat on Thai Airways plane was hoax (AP)

A KTLA-TV grab shows passengers leaving a Thai Airways Airbus A-300 following a bomb scare at Los Angeles International Airport.(AFP/KTLA-TV)AP - The threatening note found in the restroom of a Thai Airways plane was a hoax, FBI officials said Wednesday.


Spartech posts fiscal 3Q loss, misses expectations (AP)

AP - Plastic sheet and packaging maker Spartech Corp. reported a net loss for its fiscal third quarter on Wednesday and said that despite higher revenue, the overall market recover is slower than expected.

Dems' fail-safe plan: Go on offense (Politico)

Politico - An emerging survival strategy depends on winning a handful of GOP-controlled seats.

Obama sees Democratic pain if vote hinges on economy (Reuters)

President Barack Obama speaks about the economy at the Cuyahoga Community College West Campus in Parma, Ohio, near Cleveland, September 8, 2010. REUTERS/Larry DowningReuters - President Barack Obama said on Wednesday that Democrats risked punishment in November's congressional elections if they allow the vote to be just about the U.S. economy, rather than the two parties' policies.


Clinton, Gates denounce planned Quran burning (AP)

Secretary of State Hillary Rodham Clinton speaks at the Council on Foreign Relations in Washington, Wednesday, Sept. 8, 2010.(AP Photo/Alex Brandon)AP - The top two national security advisers in President Barack Obama's Cabinet on Wednesday denounced plans by a small church in Florida to burn the Muslim holy book to commemorate the Sept. 11, 2001, terrorist attacks, saying it would inflame tensions and put Americans abroad at risk.


More stimulus needed for economy: Geithner (Reuters)

Reuters - Treasury Secretary Timothy Geithner said on Wednesday the United States needed more incentives to stimulate job growth and bolster a slow recovery from a "savage" recession.

Ind. activist to head federal anti-carp campaign (AP)

AP - John Goss, an environmental activist and former state official from Indiana, was appointed Wednesday as the Obama administration's point man in the fight to prevent Asian carp from gaining a foothold in the Great Lakes.

Fed survey sees slower growth in East and Midwest (AP)

AP - The economy lost strength in late summer as factory production weakened in areas of the East Coast and Midwest.

Summary Box: More places see slower growth (AP)

AP - ECONOMY LOSES SPEED: A Federal Reserve survey found "widespread signs" that economic growth had slowed in the late summer.

Would raising taxes on the rich help or hurt the economy? (McClatchy Newspapers)

McClatchy Newspapers - WASHINGTON — Raising taxes on the wealthiest Americans, as President Barack Obama proposes to do, probably wouldn't wreck the moribund U.S. economy, but extending the tax cuts they've enjoyed since 2001 could spur some economic benefit.

Obama seeks to mend frayed bond with voters (AFP)

House Minority Leader John Boehner, pictured in May 2010, used a recent visit to Cleveland, Ohio to demand the president sack his top economic aides.(AFP/Getty Images/File/Chip Somodevilla)AFP - US President Barack Obama Wednesday admitted some of his policies were unpopular and had not revived the economy quickly enough, but sought to rekindle his frayed bond with American voters.


Highlights from the Fed's latest economic survey (AP)

AP - Highlights from the Federal Reserve's survey of economic conditions nationwide. The survey, released Wednesday and known as the Beige Book, is based on information collected from the Fed's 12 regional bank districts.

Highlights from the Fed's latest economic survey (AP)

AP - Highlights from the Federal Reserve's survey of economic conditions nationwide. The survey, released Wednesday and known as the Beige Book, is based on information collected from the Fed's 12 regional bank districts.

Consumers cut back on credit card use once again (AP)

AP - Consumer borrowing fell again in July as households cut back on their credit card use for a 23rd consecutive month, adding more drag on an economy struggling to mount a sustained rebound.

Obama: Economy is better off with Democrats in charge (McClatchy Newspapers)

McClatchy Newspapers - WASHINGTON — Trying to persuade voters that he has ideas to strengthen the weak economy — and therefore that they should vote for Democrats in November — President Barack Obama Wednesday proposed major tax incentives for business and accused Republicans of stonewalling in a bid to "ride this fear and anger all the way to Election Day."
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