Detroit Files Debt Restructure Plan
City has $18 billion worth of debt
Deficits
Postal Service Losses Shrinking
Still losing hundreds of millions of dollars, but it's a decrease
Calif. Gov. Brown to Propose Billions in New Spending
Plus much smaller amount toward state's massive debt
China's Massive Local Debts Stir Concerns
Municipalities within the country owe and estimated $3 trillion
Detroit May Sue Banks to Get Better Debt Deal
Over controversial credit swap meant to deal with pension problems
Detroit's Bankruptcy Ruling Doesn't Spare the Pensions
But it's up to politicians and voters to fight for reforms
How Special-Interest Legislation Created a Government Behemoth
From farm subsidies to NEA grants, the federal budget is littered with needless programs.
Americans Aren't Bound To Pay the Government's Debts
If the "consent of the governed" is a sacred American principle, how does the government borrow money in our names and compel us to repay the debt?
Senate Unanimously Calls for Cloture to Proceed on Temporary Spending Bill
Following Sen. Cruz's marathon speech
Judge Encourages Detroit Creditors to Look for Deals
Says years of litigation would be "horrendous"
CBO Predicts Unsustainable Debt
Government making the wrong kinds of spending cuts (as in, not cutting entitlements)
A Tale of Two Detroits: What Union Leaders See Vs. What History Shows
The loss of jobs and development is the symptom, not the disease
Rolling Stone on Jerry Brown: Best Governor or Bestest Governor Ever?
California's recovery is a miracle. Somebody go tell San Bernardino and Stockton.
US Court Orders Argentina to Pay $1.4 Billion Over Debt Default
From financial crisis back in 2001
