Finance

Is Illinois on the Brink of a Financial Armageddon?

The state's lawmakers have until the end of the week to pass a budget -- something they haven't been able to do in years. If they don't, the consequences are dire.

Uncertain of the Future, States Save and Save Some More

Governors and legislatures are keeping spending growth at its lowest level since the recession to make sure they're prepared for the next one.

In Scranton, Pa., Fiscal Progress Comes With Political Costs

The city is on the brink of making a speedy turnaround. Many worry that the tough financial decisions it took to get there could reverse some of its political progress.

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