Debt Market

FRANKFORT — With only days remaining in the 2012 Legislative Session, the pace of consideration and approval of bills picked up this past week. At the top of the list of bills passed in the House is one that offers a tax rebate to those who were...

Usury! Sounds as somber as its meaning. Biblically, lending and borrowing though acceptable practices demand accountability. That said, why is our nation nearly $5 trillion more in debt than just a few years ago? Americans who survived the Depression...

FRANKFORT — The top duty of legislators was taken up this week as the House passed a new two-year budget by a vote of 78-17. The best way to describe the biennial budget for 2012-2014 is bare-boned. I was among the 17 “no” votes,...

We are nowa quarter way through session. Bills are flowing through the committee process and arriving on the Senate floor for consideration before the entire chamber.  Three bills won passage this week and will now head to the House of Representatives....

Danville residents got the first chance Tuesday night to hear about plans for the most expensive public project in city history and to be heard before city commissioners voted on new water rates to fund the treatment plant expansion. City Engineer Earl...

LANCASTER - Lancaster City Council heard a presentation about the future of Lancaster city water based largely on what-if scenarios Tuesday night.   Don Hassall, Bluegrass Area Development District director of infrastructure development, came to the...

The Winchester Municipal Utilities Commission is considering options to finance more than $8.7 million in upcoming expenses this year and will need to finalize a decision by early next month to meet a summer deadline. According to a presentation...

The Winchester Municipal Utilities Commission wants to use a bond program through the Kentucky League of Cities to finance more than $8.7 million in upcoming expenses over the next three years. The commission voted Thursday to send the recommendation to...

As the stock market reaches new highs, companies are trying to get in on the action by raising money through initial public offerings of their shares. So far this year, U.S. companies — and their owners — have tapped $16.1 billion through...

The Berkeley County Building Commission advanced a bond ordinance to second reading Thursday that would allow officials to obtain up to $700,000 in financing to complete the new Hedgesville, W.Va., public library building. The bond ordinance for the...

WASHINGTON — The federal deficit is shrinking more quickly than expected, and the government's long-term debt has largely stabilized for the next decade, the Congressional Budget Office said Tuesday in a report that could strengthen the Obama...

WASHINGTON — President Obama will unveil a budget proposal Wednesday that curbs spending on Social Security, raises the minimum wage, closes tax loopholes for top earners and invests in infrastructure — an overdue document that the White House...