“The finances of many states have deteriorated so badly that they appear to be in a recession, regardless of whether that’s true for the nation as a whole, a survey of all 50 state fiscal directors concludes.” [AP]

“After struggling with soaring heating costs through the winter, millions of Americans are behind on electric and gas […]

The US House of Representatives passed the Senate version of the economic stimulus package with a vote of 380-34. The AP reports that the President indicated he will sign the measure, which could allow most tax payers to begin receiving rebate checks as early as May.
The stimulus package will add $168 billion to the deficit […]

Senate conservatives, on Wednesday, blocked an economic stimulus package which added support for millions of low-income households, seniors, veterans, and unemployed workers to the House version of the bill. The aid package failed by one vote. John McCain, who was in Washington, has previously stated that the “first thing we gotta do is pass the […]