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The Senate voted Friday night to make education pay its share of the state's budget problems, reviving legislation to take $4 billion out of public schools' funding. Read More »
AUSTIN — Lawmakers struggling to agree on education funding welcomed a $1.2 billion revenue increase from the state comptroller Tuesday, but leaders noted it's not enough to bridge the wide gap in House and Senate budget proposals. Read More »
The Texas Senate approved a bill on Friday to bring in about $4 billion through the next two years through tax collection speedups, state payment delays and other revenue measures. Read More »
Senate budget-writers also backed a variety of fee increases and, in a 9-6 vote, approved allowing health-related higher education institutions to liquidate their share of an endowment set up with part of the state's tobacco lawsuit settlement. Read More »
Obama is also continuing to prod the Senate to pass the small business bill that calls for about $12 billion in tax breaks and a $30 billion fund to help unfreeze lending. Read More »
S&P 1500 Pension shortfalls rose to an all-time high in August. Read More »
State leaders said Tuesday they have identified $1.2 billion in cuts as a way to address Texas' budget shortfall. Read More »
A lawmaker's unusual appearance before the committee came as state budget-writers confronted a dark fiscal picture. Read More »
$12-billion annually is what aid experts are daring to dream about, now that maternal health is gaining prominence as issue for G8, G20. Read More »
That's up from an earlier price tag of $13 billion for helicopters built by Lockheed Martin. That plan was scrapped by the defense secretary. Read More »
The Senate approved the money on a 60-37 vote after administration officials said an initial $1 billion had run out in only 10 days. Read More »
California didn't record the most number of bank failures, but they cost more than any other state's. Read More »
Buffett's decision to help Goldman out by buying $5 billion in preferred shares has paid off handsomely. Read More »
Under pressure to pay for his ambitious reshaping of the nation’s health-care system, President Barack Obama on Saturday outlined $313 billion in Medicare and Medicaid spending cuts over the next decade. Read More »

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