FROM Dean Martin
Will the Recession Push State Governments to Shut Down? The recession is wreaking havoc with state governments all over the country by vastly reducing the revenues they depend on from taxes on property, sales and income. Last night, Illinois, Pennsylvania, Connecticut , North Carolina , Ohio and California failed to pass balanced budgets by the start of the fiscal year.
Will the Recession Force State Government Shutdowns? States all over the country are losing revenue. Last night, North Carolina and five other states failed to resolve disputes over taxes and spending in time for the start of the new fiscal year. Without balanced budgets, Pennsylvania and Illinois face partial shutdowns; Connecticut and Ohio are barely limping along. California has run out of money, and the biggest state in the union plans to pay its bills with IOU’s starting tomorrow. Last night in Sacramento, Republican Governor Arnold Schwarzenegger made a $24 billion shortfall $3 billion worse by blocking a stop-gap agreement with Democrats. What are the consequences for education, medical care and public health? Or is it a blessing in disguise if it forces fiscal responsibility on state capitols?
Trump's intelligence disclosures cause chaos On the eve of departure for his first trip overseas, President Trump is embroiled in another controversy. It's about reports that he shared highly classified information with two high-ranking Russians.
Trump's 'America First' goes missing abroad In the Middle East, President Trump is changing some policies of the Obama Administration—and reversing his own campaign attacks on Islam as a religion that "hates us." We hear about his visit to Saudi Arabia and what's at stake for the rest of his foreign excursion.
Future of the Palestinians as Trump welcomes Abbas President Trump says there's "no reason there can't be peace" between Israel and the Palestinians… but the first step will have to be unity between the West Bank and Gaza. Are the Palestinian Authority and Hamas any closer to speaking with one voice?