When Washington residents voted in 1998 to raise the state’s minimum wage and link it to the cost of living, opponents warned the measure would be a job-killer. The prediction hasn’t been borne out.
The Washington city council voted to decriminalize marijuana consumption in private homes, adding the nation’s capital to a growing list of states that have loosened sanctions for using the drug.
The threat from Washington to the $3.7 trillion municipal market’s tax break won’t go away.
The tax break for some investors in the $3.7 trillion municipal bond market would be curbed under changes proposed by the top House tax writer, a shift that may diminish the appeal of buying local-government debt.
Gary Howell has a vision, and it’s a grim one, involving a cat. A motorist is driving down the road, wearing his Google Glass. He decides to watch a feline video and breaks into laughter.
Motorists in at least six states may be barred from using Google Glass, the eyewear device under test that can access the Internet and take photos with a blink.
President Barack Obama told governors that a decision over whether to approve the Keystone XL oil pipeline from Canada probably will be made within “a couple” of months.
Colorado Democrat John Hickenlooper has a firm answer to other U.S. governors asking him about marijuana as source of revenue: Just say no.
U.S. governors, many flush with surpluses after years of austerity, say they won’t make the mistake of overspending as they face re-election in less than nine months.
Selway, Kraft Discuss Municipal Bonds, Bankruptcy