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Government Spending
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Spain Financial Crisis
Protesters hold up an effigy of Spain's Prime Minister Mariano Rajoy holding a large pair of scissors during a demonstration against education cuts in Madrid Tuesday May 22, 2012. Teachers and students from every level of Spain's education system went on strike Tuesday to protest wide-ranging government spending cuts. The impact of the budget cuts has been brutal, however, and unemployment has swelled to nearly 25 percent. Among people under age 25 it is a staggering 52 percent. The situation is likely to get worse before it improves, with the economy in its second recession in three years and the full impact of new austerity measures yet to hit the country. Spanish words on effigy read ' Teachers eliminated'. (AP Photo/Paul White)
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NC lawmakers mull how much schools should pay back
Some House Republicans would like to slash by more than half the amount North Carolina public school districts will be required to return to the state next year, but it's unclear whether they'll have enough money to do it, a budget-writer said Tuesday.
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Economists more upbeat about job growth, housing
A new survey shows economists are growing slightly more optimistic about recovery in the job and housing markets but expect other pillars of the economy to remain weak.
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Obama sees 'emerging consensus' on economic fix
Confronting an economic crisis that threatens them all, President Barack Obama and leaders of other world powers on Saturday declared that their governments must both spark growth and cut the debt that has crippled the European continent and put investors worldwide on edge.
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Analysis: G-8 stresses growth, but means are scarce
President Barack Obama and other leaders of wealthy nations underscored an increasing consensus that their countries need to adopt growth measures alongside relentless budget cutbacks to work their way out of their debt troubles.
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US consumers hold back, even as gas prices fall
Lower gas prices in April weren't enough to embolden U.S. consumers to spend more elsewhere.
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Gay Marriage Conservatives
FILE - In this May 10, 2012, file photo Republican presidential candidate, former Massachusetts Gov. Mitt Romney, greets supporters in the overflow area of a campaign stop in Omaha, Neb. Introducing Romney, Nebraska Gov. Dave Heineman, left, reminded supporters that "the economy, jobs and health care" will decide the presidential race. Romney thanked mothers and entrepreneurs, targeted President Barack Obama on health care and big- government spending , but stayed silent on Obama’s embrace of gay marriage. (AP Photo/Jae C. Hong, File)
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Europe Austerity .JPEG
In this Monday Nov. 14, 2011, photo, a man begs at the street in Barcelona city, Spain. Austerity has been the main prescription across Europe for dealing with the continent's nearly 3-year-old debt crisis, brought on by too much government spending . The Spanish government has raised income and property taxes, cut spending on health care and education and made it easier for companies to fire workers. (AP Photo/Emilio Morenatti, File)
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Europe Austerity.JPEG
FILE - In this Nov. 21, 2011 file picture taken with a fisheye lens, flames from a fire set alight in a container by activists of the Frankfurt Occupy movement are seen in front of the European Central Bank and a sculpture of the euro symbol in Frankfurt, Germany. Austerity has been the main prescription across Europe for dealing with the continent's nearly 3-year-old debt crisis, brought on by too much government spending . (AP Photo/Michael Probst,File)
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Europe Austerity.JPEG
This Tuesday, Feb. 14, 2012 file photo, shows a worker cleaning a sign for the Bank of Greece from red and black paint, after Sunday's riots, in Athens. Austerity has been the main prescription across Europe for dealing with the continent's nearly 3-year-old debt crisis, brought on by too much government spending . Greece, one of three eurozone nations to need an international bailout, has cut spending on just about everything it can public sector salaries, pensions, education, health care and defense. (AP Photo/Thanassis Stavrakis)
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