Tag: Government finance

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International

Toronto mayor admits he has bought illegal drugs

Toronto Mayor Rob Ford holds a Rob Ford bobblehead doll at Toronto city hall on Tuesday, Nov. 12, 2013. Up to 300 people lined up at City Hall Tuesday to buy the “Robbie Bobbie” dolls for $20 each, with the proceeds going to charity. The mayor has been dogged by accusations of drug and alcohol abuse. (AP Photo/The Canadian Press, Frank Gunn) by Rob Gilles and Charmaine NoronhaAssociated Press Writers TORONTO (AP) — Toronto Mayor Rob Ford admitted during a heated City Council debate Wednesday that he had bought illegal drugs in the past two years, but he firmly refused to step down from his job even after nearly every councilor stood up to ask him to take a leave of absence.

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Generation Y

‘Bama Greeks in $202 million building boom despite racism controversy

In this photo taken Oct. 26, 2013, guests and residents of the Delta Kappa Epsilon fraternity gather on the lawn prior to an NCAA college football game in Tuscaloosa, Ala. (AP Photo/Dave Martin) by Jay ReevesAssociated Press Writer TUSCALOOSA, Ala. (AP) – New multimillion-dollar mansions with white columns, wide balconies and grand foyers line the streets at the University of Alabama, and more are under construction to accommodate the school’s booming enrollment and record membership in Greek-letter groups. But with the powerful Greek system embroiled in controversy over claims of racism and electioneering, some wonder whether the massive expansion serves only to consolidate their power.

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Health

What’s up with Obamacare and my healthcare?

In this Oct. 30, 2013 file photo, President Barack Obama speaks at Boston’s historic Faneuil Hall about the federal health care law. Now is when Americans start figuring out that President Barack Obama’s health care law goes beyond political talk, and really does affect them and people they know. (AP Photo/Charles Dharapak, File) by Jen Christensen (CNN) — As the politicians fuss and fight over the merits of the biggest overhaul of the health insurance system in this country, you may be wondering, “What does this all mean to me?” Here’s what we know so far about what’s up with your healthcare.

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Metro

Casey warns of more cuts to medical research funds

Sen. Bob Casey, D-Pa., speaks during a news conference at 30th Street Station in Philadelphia. (AP Photo/Matt Rourke) PITTSBURGH (AP) — U.S. Sen. Bob Casey said new spending cuts to federally funded medical research will take effect in January if Congress does not stop them, and he blamed an earlier round of funding cuts for massive job losses in Pennsylvania.

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National

Obama: Shutdown exposed clash of political visions

President Barack Obama, accompanied by Education Secretary Arne Duncan, right, laughs as he visits a classroom at Pathways in Technology Early College High School (P-TECH) in Brooklyn borough of New York, Friday, Oct. 25, 2013, to highlight the importance of education in providing skills for American workers in a global economy. (AP Photo/Charles Dharapak) by Josh LedermanAssociated Press Writer NEW YORK (AP) — Regrouping with Democrats after a bitter budget fight, President Barack Obama on Friday cast the recent spending-and-debt standoff with Congress as “a symptom of a larger challenge” but one offering Democrats the chance to show voters the virtues of their vision for government ahead of the 2014 midterm elections.

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Business

Teshome gives business forecast to Chamber

PREDICTIONS—PNC VP and Market Analyst Mekael Teshome tells the African American Chamber of Commerce’s PowerBreakfast audience that he sees modest but positive economic growth ahead. (Photo by Christian Morrow) As an economist and assistant vice president at PNC, Mekael Teshome’s specialty is risk analysis. So it wasn’t unexpected that the economic forecast for the coming year he presented at the African American Chamber of Commerce’s October 18 PowerBreakfast was relatively conservative, but positive.

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National

Kennedy’s vision for mental health never realized

In this Oct. 31, 1963 file photo, President John F. Kennedy signs a bill authorizing $329 million for mental health programs at the White House in Washington. (AP Photo/Bill Allen, File) by Michelle R. SmithAssociated Press Writer PROVIDENCE, R.I. (AP) — The last piece of legislation President John F. Kennedy signed turns 50 this month: the Community Mental Health Act, which helped transform the way people with mental illness are treated and cared for in the United States.

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National

Obama taps Black former Pentagon senior attorney to head Homeland Security

President Barack Obama stands with Jeh Johnson, his choice for the next Homeland Security Secretary, in the Rose Garden at the White House in Washington, Friday, Oct. 18, 2013. Johnson was general counsel at the Defense Department during the wars in Iraq and Afghanistan. (AP Photo/Charles Dharapak) by Avis Thomas-LesterFor New Pittsburgh Courier (NNPA)–President Barack Obama has selected Jeh Johnson, a graduate of Morehouse and Columbia Law School, as secretary of the Department of Homeland Security. If confirmed, Johnson, who retired from government to go into private practice, would come to the position with substantial experience, officials said.