June 2003
More Headlines
States could take steps to curb their revenue losses from the
aggressive use of corporate tax planning. They haven't.
Two major drug companies agreed to pay $345 million in fines in the largest Medicaid fraud settlement ever. The federal government, 49 states and Washington, D.C., will split most of the settlement, with the states divvying up $147 million in amounts per state that will range from tens of milions to a few thousand. California, for instance, will receive $32.2 million; Maine, $2.5 million, and South Dakota, $260,000.