111th United States Congress

State Budget Woes A Drag On Growth, And Will Get Worse

On Friday February 12, 2010, 7:03 pm EST
http://finance.yahoo.com/news/State-Budget-Woes-A-Drag-On-ibd-483598023....
As Washington works to rev up the economy and spur hiring with yet another dose of stimulus, state and local governments are busily applying the fiscal brakes.

Tax hikes, spending cuts and layoffs top the agenda as states continue to wrestle with severe budget crises that largely can't be deferred by borrowing.

Japan Alters 'Clunkers' Program Amid US Autos' Concerns

UPDATE: Japan Alters 'Clunkers' Program Amid US Autos' Concerns
Dow Jones
January 19, 2010: 05:28 PM ET
http://money.cnn.com/news/newsfeeds/articles/djf500/201001191728DOWJONES...
By Josh Mitchell
Of DOW JONES NEWSWIRES
WASHINGTON -(Dow Jones)- Japan said it would loosen the rules of its car- buying incentive program so that more imports would qualify for the government- funded rebates, a change pushed by U.S. officials and auto makers who accused the program of an anti-American bias.

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