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Illinois Governor Strikes $4 Billion From Cash-Short Budget
©2015 Bloomberg News NQIMUY6TTDS8 (Bloomberg) — Illinois Governor Bruce Rauner vetoed $4 billion from next year’s budget, calling the Democratic legislature’s spending plan “unbalanced and therefore unconstitutional.” The Republican governor’s action Thursday raises the stakes in a budget stalemate less than a week before the July 1 start of the
Consumer Spending in U.S. Increases by Most in Three Months
©2015 Bloomberg News NZSEL06KLVRB (Bloomberg) — Consumer purchases climbed in November by the most in three months, indicating the biggest part of the U.S. economy was gaining momentum heading into the holiday shopping season. Spending advanced 0.3 percent, matching the median forecast in a Bloomberg survey, to $12.43 trillion at
