Posts Tagged Government business and finance

Senate, House on collision course on border money

In this July 12, 2014, photo, Central American migrants ride a freight train during their journey toward the U.S.-Mexico border in Ixtepec, Mexico.   The last time so few people were arrested at the country’s borders was 1973, when the Border Patrol recorded just fewer than 500,000 arrests. And the volume of people being arrested at the border remains dramatically lower than the all-time high of more than 1.6 people in 2000.  (AP Photo/Eduardo Verdugo)

WASHINGTON (AP) — Senate Democrats prepared Tuesday to whack $1 billion from President Barack Obama’s emergency spending request for the border, while leaving out policy changes Republicans have demanded as their price for agreeing to any money. The developments pointed to a hardening stalemate over the crisis in South Texas with lawmakers preparing to leave Washington for their annual summer recess at the end of next week.

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Report: Film production generated 15,900 jobs

SANTA FE, N.M. (AP) — New Mexico has created one job for every $8,519 spent on tax incentives to attract film and television productions during the past five years, according to a state-commissioned study released Tuesday.

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Detroit retirees back pension cuts by a landslide

In a Thursday, July 3, 2014 file photo, Detroit retirees Mike Shane, left, and William Davis protest near the federal courthouse in Detroit. Workers and retirees approved pension cuts in Detroit's bankruptcy by a landslide, the city reported Monday, a crucial step to emerging from the largest municipal insolvency in U.S. history. The city disclosed results from two months of balloting, which ended July 11. Judge Steven Rhodes still must hold a trial in August to determine if Detroit's overall bankruptcy plan is fair and feasible to all creditors, from Wall Street to Main Street, but support from retirees is vital. (AP Photo/Paul Sancya, File)

DETROIT (AP) — Companies that insure Detroit bonds and stand to lose millions repeated a pledge Tuesday to aggressively challenge the city’s bankruptcy plan, a day after retirees endorsed pension cuts and qualified for a bailout led by the state.

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Report: Film production generated 15,900 jobs

SANTA FE, N.M. (AP) — One job was created in New Mexico for every $8,519 spent on tax incentives to attract film and television productions over nearly five years, according to a state-commissioned study released Tuesday.

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Clarification: GM-Recalls-Rental Cars story

WASHINGTON (AP) — In a story July 16, The Associated Press reported that General Motors became the first big automaker to support legislation barring rental-car companies from renting or selling vehicles subject to a recall. The story should have specified that current law bans car dealerships only from selling new cars under recall, not used recalled cars.

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