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Economists: State, local pension funds understate shortfall by $1.5 trillion or more

The Washington Post - Top News - Fri, 2011-03-04 06:00
The pension funds for state and local workers in the United States are understating the amount they will owe workers by $1.5 trillion or more, according to some economists who have studied the issue, meaning that the benefits are much costlier than many governments and taxpayers thought.
Categories: U.S. News

Obama officials, attorneys general closer to possible deal with banks in foreclosure mess

The Washington Post - Top News - Fri, 2011-03-04 06:00
Senior Obama administration officials, newly joined by state attorneys general, were on the brink Thursday of finalizing major elements of a possible settlement with large U.S. banks accused of flawed and fraudulent foreclosure practices, sources familiar with the discussions said.
Categories: U.S. News

European Central Bank signals interest rate hike over inflation fears

The Washington Post - Top News - Fri, 2011-03-04 06:00
The European Central Bank is poised to raise interest rates next month as concerns about inflation touch off a new and potentially tricky challenge for policymakers trying to sustain the global recovery: how to temper rising prices without discouraging growth in countries with weaker economies.
Categories: U.S. News

Block grants could face major cuts as federal funds to fight poverty tighten

The Washington Post - Top News - Fri, 2011-03-04 06:00
Community development block grants have been a vital source of federal anti-poverty money for decades, supporting affordable housing, job training and an array of other programs serving low-income residents.
Categories: U.S. News

Wordly advice to Rumsfeld, from Gingrich, Wolfowitz & Co.

The Washington Post - Top News - Fri, 2011-03-04 06:00
The Rumsfeld Papers are an absolute treasure trove for scholars and citizens looking for insights into both the inner workings of the George W. Bush administration's foreign policy apparatus and the mind of the former SecDef, Donald Rumsfeld , and his pen pals.
Categories: U.S. News

Republicans try to oust Medicare administrator

The Washington Post - Top News - Fri, 2011-03-04 06:00
Unable to repeal President Obama's health-care law, Republicans are trying to oust the official who is quarterbacking the overhaul of the nation's medical system.
Categories: U.S. News

More carry-ons costing TSA millions each year

The Washington Post - Top News - Fri, 2011-03-04 06:00
Choosing to carry luggage onto a plane instead of checking it with an airline might save a few bucks at the ticket counter, but it is costing taxpayers about a quarter-billion dollars a year.
Categories: U.S. News

TOM TOLES

The Washington Post - Top News - Fri, 2011-03-04 06:00
Categories: U.S. News

CORRECTION

The Washington Post - Top News - Fri, 2011-03-04 06:00
The March 2 editorial "Righting a judicial wrong" incorrectly asserted that Abdullah al-Kidd planned to travel to Saudi Arabia on a one-way, first-class ticket. Mr. Kidd purchased a round-trip, coach ticket.
Categories: U.S. News

Spiders' penchant for Mazdas spurs recall

The Washington Post - Top News - Fri, 2011-03-04 06:00
Mazda has some creepy crawly culprits in its new safety recall.
Categories: U.S. News

Republicans decry SEC chairman's response to Madoff fraud

The Washington Post - Top News - Fri, 2011-03-04 06:00
Two senior Republicans accused Securities and Exchange Commission Chairman Mary L. Schapiro on Thursday of mishandling potential conflicts of interest during her agency's response to Bernard Madoff's epic Ponzi scheme.
Categories: U.S. News

Regulators craft mortgage-lending rules

The Washington Post - Top News - Fri, 2011-03-04 06:00
Federal regulators are considering two options that would require lenders making certain types of mortgages to retain a stake in those loans, an effort designed to avert a repeat of the mortgage market meltdown and encourage prudent lending.
Categories: U.S. News

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