Crony capitalism is a term very much in vogue because of Mitt Romney's accusations that President Obama has engaged in the practice, allegedly rewarding the business interests of political supporters with federal taxpayer dollars.
The city of San Bernardino, Calif., is expected to declare a fiscal emergency, and officially file for bankruptcy on Wednesday. The declaration would be the third by a California city in recent weeks. Some analysts believe San Bernardino's problems may be more about its dysfunctional local politics.
A new report by the Brennan Center for Justice finds that more than 10 million potential voters in states that require photo ID at the polls live more than 10 miles from offices that issue such ID. Nearly 500,000 of these voters don't have access to a car or other vehicle.
House Republicans today released a preliminary spending bill that would slash more than six billion dollars from the budgets of the Departments of Labor, Health and Human Services and Education.The draft bill also bans NPR member stations from using federal funds to buy NPR programming.
Several presidential battleground states are moving quickly to reach agreements with federal officials to access a U.S. immigration database to purge noncitizens from voter rolls.
The states, including some with large Latino populations, are following Florida, which last week reached its own pact with the Department of Homeland Security to use a database that contains information about immigrants who are in the U.S. legally. The states' efforts had initially been blocked by DHS until the agency relented.
Over half of U.S. states will have to close a combined budget gap of 55 billion dollars, according to a report by the Center on Budget and Policy Priorities in the 2013 fiscal year. To avoid raising taxes, most states are implementing continued cuts to deal with budget shortfalls.
Republican presidential candidate Mitt Romney continued Tuesday to push back on calls to release more years of tax returns and defended keeping investments in offshore accounts — both issues that have been dogging his run for the White House.