New York (CNNMoney) - More than one in three Americans lived in households that received Medicaid, food stamps or other means-based government assistance, according to a new report.
And when Social Security, Medicare and unemployment benefits are included, nearly half of the nation lived in a household that received a government check, according to the analysis of third-quarter 2010 Census data done by the Mercatus Center at George Washington University. That's more than 148 million Americans.
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New York (CNNMoney) - The Great Recession has dealt Nevada a losing hand.
The Silver State, which will hold the Republican caucus on Saturday, has the dubious distinction of leading the nation in unemployment, foreclosure filings and share of homes worth less than the mortgages on them.
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New York (CNNMoney) – Senior citizens will soon get their first raise in three years, the government announced Wednesday.
Social Security recipients will receive a cost of living adjustment of 3.6% starting in January.
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New York (CNNMoney) – Both Republican presidential candidates and President Obama think many Americans aren't paying their fair share of income tax.
They just have very different ideas of who should be paying more.
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NEW YORK (CNNMoney) - Texas Governor Rick Perry likes to brag that his state is an economic powerhouse. But don't tell that to the nearly one in five Texans who are living below the poverty line.
While it's true that Texas is responsible for 40% of the jobs added in the U.S. over the past two years, its poverty rate also grew faster than the national average in 2010.
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NEW YORK (CNNMoney) - Texas has created a lot of jobs over the 10 years that Rick Perry's been governor - there's no doubt about it.
Perry, who is formally launching his presidential candidacy on Saturday, is making his state's economic prowess a centerpiece of his campaign. Already he's been bragging about his state being the "epicenter of job growth."
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NEW YORK (CNNMoney) - Social Security payments aren't the only federal lifeline that could grind to a halt if the debt ceiling impasse continues beyond Aug. 2.
The federal government supports myriad safety net programs, such as unemployment insurance, tuition grants, food stamps, child care subsidies and housing assistance. That's not to mention the nation's massive health insurance programs: Medicare and Medicaid.
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NEW YORK (CNNMoney) - The Minnesota shutdown is over.
Governor Mark Dayton signed a $35.7 billion budget on Wednesday, ending the longest state shutdown in recent history.
The signing came shortly after lawmakers approved a two-year spending plan in the wee hours of the morning. It ended a impasse that shuttered much of the state government for the past 19 days.
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NEW YORK (CNNMoney) - There won't be any happy hours at The Independent in Minneapolis during the government shutdown.
The restaurant's liquor license expired just as a budget impasse in Minnesota put most state operations on hold. So both the state licensing bureau and the eatery had to shut their doors Friday.
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New York (CNNMoney) -- California Governor Jerry Brown vetoed Thursday the budget passed by state lawmakers that relied on spending cuts, fund transfers and one-time revenue boosts. But he allowed legislators to keep collecting their paychecks.
Brown, who has promised for months that he wanted to present Californians with a gimmick-free budget that would solve the state's $26 billion deficit with a combination of tax extensions and spending cuts, said this budget was not a balanced solution.
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