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Government Debt

A collection of news and information related to Government Debt published by this site and its partners.

Top Government Debt Articles

Displaying items 67-77
  • CPS gives pink slips to 200 lunchroom workers

    CPS gives pink slips to 200 lunchroom workers
    Chicago Public Schools began laying off 200 lunchroom workers Friday in the latest round of pink slips issued by the cash-strapped district. CPS officials said in  a press release that the layoffs would save $4 million and are part of  “an...
  • Social Security without permanent leader

    Social Security without permanent leader
    Six months after former Social Security Administration commissioner Michael J. Astrue left his post, the Obama administration has yet to nominate a replacement — leaving a leadership gap as the agency wrestles with shrinking budgets and hard...
  • Santa Ana hires Phoenix's city manager for $500,000

    Santa Ana hires Phoenix's city manager for $500,000
    The city of Santa Ana has hired away Phoenix's city manager and has agreed to a salary and benefits package of more than $500,000, making him one of the highest paid city employees in California. David Cavazos is a long-time Phoenix city employee who...
  • Pentagon cuts civilian furlough days

    Pentagon cuts civilian furlough days
    The Pentagon on Tuesday cut the number of furlough days for 650,000 Defense Department civilians from 11 to six — a welcome surprise for workers who have been saddled with a 20 percent pay cut since early July. But defense officials and some...
  • Tesla Motors' second-quarter operating profit sends shares soaring

    Tesla Motors' second-quarter operating profit sends shares soaring
    Tesla Motors Inc. shares soared in after-hours trading after the Palo Alto automaker reported a surprise operating profit in its automotive operations. Excluding one-time expenses, the maker of high-end electric cars squeezed out an operating profit...
  • Glendale standardized test scores dip

    Glendale schools experienced a slight dip in test scores in English and math, keeping pace with a statewide trend that some education officials blame on drastic budget cuts in school districts throughout California. In Glendale, 70% of students tested...
  • Mixed data on STAR exams for Burbank schools

    Local public schools saw modest gains in English but a small dip on math test scores, according to data released this week by the California Department of Education. In Burbank, 69% of students tested as proficient or advanced in the English-language...
  • Japan economy slows in second quarter, spurring sales tax debate

    Japan economy slows in second quarter, spurring sales tax debate
    Japan's economic growth slowed in the second quarter, spurring debate over whether the country should raise its sales tax in order to more quickly pay down its public debt.  The country's gross domestic product grew at an annualized 2.6%, coming in at a...
  • Inequality is hindering economic growth

    Inequality is hindering economic growth
    Everyone has heard that tackling poverty and inequality is bad for the economy. This is the dilemma that economist Arthur Okun, writing in the 1970s, called "The Big Trade-Off" — equality and efficiency are at odds. Yet more and more research and...
  • Apodaca: Let's not overreact to dip in test scores

    The Newport-Mesa school district recently reported that its most recent standardized test scores declined slightly from a year earlier, the first drop in a decade. The results mirrored similar declines statewide, a development that led to a spasm of...
  • White House warns of Head Start cuts in California

    White House warns of Head Start cuts in California
    WASHINGTON — The Obama administration announced Monday that about 5,600 low-income California children would be shut out of federally funded Head Start preschool programs because of Washington budget gridlock. But the announcement bewildered state...