Similar Stories to How Stockton Went Broke: A 15-year Spending Binge on Bing News

Reuters: Top News, Reuters
Tue, 07/03/2012 - 3:52pm

SAN FRANCISCO (Reuters) - The man in charge of the biggest U.S. city ever to file for bankruptcy is clear about the root of the crisis.

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GOP boycotts health care advisory board
House and Senate Republican leaders told President Barack Obama Thursday that they will refuse to nominate candidates to serve on an advisory board that is to play a role in holding down Medicare costs under the new health care act. More
For some Detroit services, call the D.I.Y. Dept.
Detroit may be broke but it will soon have a first-rate motor pool, featuring 23 new ambulances and a fleet of 100 new police cars. Some city parks also are getting tender loving care. New fruit trees and shrubs have been planted, and mowing crews are beginning to make the rounds to keep the green spaces tidy. More
US medicine spending shows rare dip
Total U.S. spending on prescription medicines declined last year, a first in more than half a century. The dip was 1 percent, to $325.8 billion — a 3.5 percent drop after accounting for population growth and economic expansion, according to the IMS Institute for Healthcare Informatics. More
Study Finds Expanded Medicaid Increases Health Care Use
Come January, millions of low-income adults will gain health insurance coverage through Medicaid in one of the farthest-reaching provisions of the Obama health care law. More
One flight closer to space tourism
Virgin Galactic is one flight closer to becoming a commercial "spaceline." The company's passenger spacecraft, SpaceShipTwo, completed its first rocket-powered flight Monday morning above the Mojave Desert in California. More

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