The US House of Representatives on Thursday approved the Death Tax Repeal Act of 2015, a bill set to end the federal estate tax, by a 240-179 vote. The tax, which Republicans refer to as the death tax, is applied to estates upon passage to an heir after the owner's death. The current top tax rate... ...[read more]
The New Mexico legislature on Saturday passed a bill that will end civil asset forfeiture in the state. The bill, HB 560, was passed in the senate by a vote of 37-0. Civil asset forfeiture is a police practice in which authorities can take an individual's property without charging that person for ...[read more]
Greek voters went to the polls on Sunday to vote in an election that could lead to the renegotiation of bailout terms with international lenders. The leftist party Syriza, which has been leading in the polls, has promised to reopen negotiations with its lenders, as many Greeks consider the terms ...[read more]
US President Barack Obama signed the annual federal defense policy bill into law Friday but expressed dissatisfaction over provisions that limit the his ability to close the detention facility at Guantanamo Bay. HR 3979 authorizes a $585 billion dollar budget for Department of Defense (DOD) ...[read more]
A judge for a Travis County Civil Court in Texas ruled Thursday that the Texas Legislature failed to meet its constitutional duty to provide for Texas public schools because the school finance system is structured, operated, and funded so that it cannot provide a constitutionally adequate ...[read more]
The Wisconsin Supreme Court on Thursday issued a pair of rulings limiting the ability of public sector employees to unionize and requiring voters to present identification. In a 5-2 decision in Madison Teachers, Inc. v. Walker, the court upheld legislation known as the Budget Repair Bill or Act 10 ...[read more]
The US Court of Appeals for the Seventh Circuit on Friday upheld Wisconsin's controversial Budget Repair Bill which significantly limits the collective bargaining rights of public sector unions. Two unions representing the city of Madison and Dane County public workers filed the lawsuit in 2011, ...[read more]
Michigan Governor Rick Snyder unveiled a new state budget on Wednesday that would allocate state funds to be used to cover Detroit workers' pensions, currently the subject of controversy in the city's bankruptcy proceeding. The plan sets aside $17.5 million annually for 20 years from funds the ...[read more]
02/05/2014: Michigan governor included Detroit's pension bailout in budget.
01/16/2014: Detroit 165 million dollar bankruptcy settlement rejected.
12/18/2013: Federal judge ruled Detroit bankruptcy deal too generous towards banks.
12/03/2013: Federal court ruled Detroit eligible for ...[read more]
The US Senate passed a spending bill and presented the legislation to President Obama on Wednesday, scaling back the across-the-board spending cuts that went into place earlier this year. The bill also passed the US House of Representatives with bipartisan support, and is expected to be signed by ...[read more]