Tag Archive | "deal"

Detroit's emergency manager Kevyn Orr gestures as he speaks during an interview with Thomson Reuters in New York

Detroit pension deal approved by one retirement system

The board of Detroit's General Retirement System on Wednesday approved economic terms of a settlement with the city that include cuts to pension benefits, putting in place another key component of Detroit's effort to exit bankruptcy by October. The city also has reached a tentative pact with the city's other pension fund, the Detroit Police […]

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A man rides his bike past graffiti in Detroit

Detroit nearing pensions deal, newspapers say

Detroit is near striking agreements on pension cuts for retirees, a key hurdle for a city trying to exit America's biggest municipal bankruptcy, local newspapers said on Tuesday. A deal calling for pension cuts with groups representing former city employees could come as early as Tuesday, the Detroit Free Press said on its website. "The […]

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Kansas Murder Suspect Is Hate Leader Who Cut Deal With Feds

An Anti-Semite To The Core, But Tainted By Plea Deal Frasier Glenn Cross, 73, the alleged triple murderer who defiantly yelled “Heil Hitler” from the back of a rain spattered patrol car in Overland Park, KS on Sunday afternoon is a notorious, though exiled, hate group leader with a criminal record that dates back decades. […]

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Rhode Island Pension Deal Falls Apart

A fight over Rhode Island’s 2011 pension overhaul is headed to trial after a tentative agreement between state officials and public-sector unions to soften the law collapsed Friday, the two sides said. Full News here – WSJ.com: Politics And Policy

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State Budget Deal Reached; $300 Million for New York City Pre-K

The agreement will finance the expansion of prekindergarten in New York City without the tax increase on high-earning residents sought by Mayor Bill de Blasio.      Full News here – NYT > Politics

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New York State Governor Andrew Cuomo smiles as he pauses during his fourth State of the State address from the New York State Capitol in Albany, New York

N.Y. lawmakers, Governor Cuomo, strike budget deal before Monday vote

(Reuters) – New York state legislators and Governor Andrew Cuomo reached a deal on the state's 2014-15 fiscal year budget after several weeks of negotiating behind closed doors, according to state officials on Saturday. The $ 137.9 billion budget keeps growth in all spending levels below 2 percent and provides funding for statewide pre-kindergarten programs. […]

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Letter From Washington: The Big Deal if the Senate Turns Right

With the Senate likely to fall under the control of Republicans in the next election, profound policy implications are in store.      Full News here – NYT > Politics

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People enter and leave the headquarters building of Brazilian state oil company Petrobras in Rio de Janeiro

Brazil Congress to investigate Petrobras deal, senator says

Brazil's Congress will likely move forward with a special investigation of state-run oil company Petroleo Brasileiro SA, the Senate's leader said on Thursday in a move that could impair President Dilma Rousseff's chances for re-election. A proposal from opposition lawmakers to investigate the controversial purchase of a Texas refinery approved in 2006 by Petrobras, as […]

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Virginia Gov McAuliffe attends National Governors Association meeting in Washington

Virginia lawmakers recess without Medicaid, budget deal

By Gary Robertson RICHMOND, Virginia (Reuters) – Virginia's legislature has recessed without reaching agreement with Democratic Governor Terry McAuliffe over a budget or Medicaid expansion. McAuliffe, a former Democratic Party fundraiser, and the Republican-dominated House of Delegates are deadlocked over a two-year pilot expansion of Medicaid, the federal healthcare program for the poor the governor […]

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Virginia Gov McAuliffe attends National Governors Assoc discussion on Growth and Jobs in America during its Winter Meetings in Washington

Virginia governor, lawmakers fail to reach Medicaid deal

By Gary Robertson RICHMOND, Virginia (Reuters) – Virginia's Democratic governor, Terry McAuliffe, and the state's Republican-dominated House of Delegates on Monday failed to reach an agreement over Medicaid expansion during the first day of a special session called in hopes of reaching a budget deal. The impasse over Medicaid, the federal health care program for […]

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