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Pension, Medicaid changes sought in Illinois budget22 February 2012, 6:31 pm
SPRINGFIELD, Illinois (Reuters) - Illinois Governor Pat Quinn will call for cuts to escalating pension and Medicaid costs in his budget address on Wednesday to stop the two programs from devouring more of the cash-strapped state's general funds budget, top officials in his office said on Tuesday. The state's fiscal 2013 pension payment will hit nearly $5.25 billion or 15 percent of projected revenue. That is more than three times the $1.7 billion the state budgeted in fiscal 2008, when pensions ...
Pension, Medicaid changes sought in Illinois budget22 February 2012, 6:31 pm
SPRINGFIELD, Illinois (Reuters) - Illinois Governor Pat Quinn will call for cuts to escalating pension and Medicaid costs in his budget address on Wednesday to stop the two programs from devouring more of the cash-strapped state's general funds budget, top officials in his office said on Tuesday. The state's fiscal 2013 pension payment will hit nearly $5.25 billion or 15 percent of projected revenue. That is more than three times the $1.7 billion the state budgeted in fiscal 2008, when pensions ...
Obama calls black museum symbol for all Americans22 February 2012, 6:02 pm
WASHINGTON (Reuters) - Political and cultural figures joined to break ground for a new museum celebrating black Americans on Wednesday, with President Barack Obama calling it a symbol of Americans' shared history. The $500 million National Museum of African American History and Culture will be the only national museum devoted solely to black life, art, history and culture. The site is scheduled to open in 2015 on the National Mall, the two-mile-long stretch of parkland between the Capitol and th...
Obama calls black museum symbol for all Americans22 February 2012, 6:02 pm
WASHINGTON (Reuters) - Political and cultural figures joined to break ground for a new museum celebrating black Americans on Wednesday, with President Barack Obama calling it a symbol of Americans' shared history. The $500 million National Museum of African American History and Culture will be the only national museum devoted solely to black life, art, history and culture. The site is scheduled to open in 2015 on the National Mall, the two-mile-long stretch of parkland between the Capitol and th...
Supreme Court sends back California Medicaid cuts case22 February 2012, 5:54 pm
WASHINGTON (Reuters) - The Supreme Court sent back to a lower court a case on whether Medicaid recipients and medical providers can sue California for cutting reimbursement rates in the healthcare program for low-income Americans. The high court said on Wednesday that after it heard oral arguments in the case on October 3, federal government officials approved the state's statutes as consistent with federal law. Justice Stephen Breyer said in the majority opinion the case was sent back to a U.S....
Supreme Court sends back California Medicaid cuts case22 February 2012, 5:54 pm
WASHINGTON (Reuters) - The Supreme Court sent back to a lower court a case on whether Medicaid recipients and medical providers can sue California for cutting reimbursement rates in the healthcare program for low-income Americans. The high court said on Wednesday that after it heard oral arguments in the case on October 3, federal government officials approved the state's statutes as consistent with federal law. Justice Stephen Breyer said in the majority opinion the case was sent back to a U.S....
Mother pushing stroller in Texas hit with bullet from Mexico22 February 2012, 5:44 pm
EL PASO, Texas (Reuters) - A woman pushing her child in a stroller in downtown El Paso, Texas, was struck by an assault rifle bullet fired from across the border in Ciudad Juarez, Mexico, on Tuesday, mayor John Cook said. After Juarez police responded to a carjacking about half a mile from the border, a gunfight broke out between police and the carjackers, Cook said. A bullet -- a type used in assault weapons such as M16s -- penetrated and exited the woman's calf, he said. ......
Pennsylvania university heads paint bleak tuition outlook22 February 2012, 5:40 pm
HARRISBURG, Pennsylvania (Reuters) - The heads of Pennsylvania's four largest universities pleaded with lawmakers on Wednesday to ignore Governor Tom Corbett's proposal to cut state subsidies on higher education by 30 percent. During budget hearings early on Wednesday, University of Pittsburgh Chancellor Mark Nordenberg called Corbett's proposal "deep, dramatic and disproportionate," adding that if enacted, Pitt would have to raise tuition by $3,000 annually. Corbett unveiled the cuts in a $27.1...
Pennsylvania university heads paint bleak tuition outlook22 February 2012, 5:40 pm
HARRISBURG, Pennsylvania (Reuters) - The heads of Pennsylvania's four largest universities pleaded with lawmakers on Wednesday to ignore Governor Tom Corbett's proposal to cut state subsidies on higher education by 30 percent. During budget hearings early on Wednesday, University of Pittsburgh Chancellor Mark Nordenberg called Corbett's proposal "deep, dramatic and disproportionate," adding that if enacted, Pitt would have to raise tuition by $3,000 annually. Corbett unveiled the cuts in a $27.1...
Obama urges corporate tax cut, closing loopholes22 February 2012, 5:34 pm
The Obama administration on Wednesday will propose cutting the top tax rate for corporations to 28 percent, and pay for it by eliminating dozens of tax loopholes companies now use to lower their rates, a senior administration official said. ...

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