Austerity

Senate leaders reach deal to avoid default, end shutdown

Senate leaders reach deal to avoid default, end shutdown

Lawmakers in the Senate are weighing a bipartisan bill that is expected to re-open the United States government and save the country from default. During an early afternoon hearing on Capitol Hill on Wednesday, Senate majority leader Harry Reid (D-Nevada) acknowledged, “The eyes of the world have been on Washington all this week, and that […]

Government plans to euthanize hundreds of threatened desert tortoises it was supposed to protect

Government plans to euthanize hundreds of threatened desert tortoises it was supposed to protect

Federal funds for a Nevada-based desert tortoise conservation center are running dry and wildlife officials plan to close the facility and euthanize hundreds of tortoises that were once classified as “endangered” and are currently considered “threatened.” The desert tortoise can be found in the southwestern United States, but its population has been dwindling. In some […]

Michigan takes over bankrupt Detroit

Michigan takes over bankrupt Detroit

The state of Michigan is taking over America’s poorest city and managing its finances. After years of decline, Detroit has reached a point that has finally prompted Gov. Rick Snyder to order an emergency state takeover of the bankrupt city. “There’s probably no city that’s more financially challenged in the entire United States,” Snyder said earlier […]

New record: 15 percent of Americans on food stamps

New record: 15 percent of Americans on food stamps

Government dependability is continuing to rise, with a record-breaking number of Americans enrolled to receive food stamps. The latest USDA report shows that 47.8 million Americans, which make up 15 percent of the country, are receiving the benefits. The US Department of Agriculture has announced that 47.79 million people were enrolled in the Supplemental Nutrition […]

US unemployment rises in another indication of weak economy

US unemployment rises in another indication of weak economy

The US unemployment rate is on the rise again, with 12,3 million Americans with no job even according to the official statistics, bringing the unemployment rate to 7.9 percent. The unemployment rate rose from 7.8 in December to 7.9 percent in January, leaving 100,000 more Americans unemployed , according to the US Bureau of Labor […]