With many cities now preoccupied with other crushing costs — pension obligations, retiree health care, accumulated unpaid bills — a sudden call to honor a long-forgotten bond guarantee can be a bolt from the blue, precipitating a crisis. The New York Times reports.
The Supreme Court has reaffirmed its 2-year-old decision allowing corporations to spend freely to influence elections and has backed Arizona police checks of immigration status.
New financial filings show that super PACS supporting Mitt Romney and his party are widening the money gap over struggling pro-Democratic organizations.
One of the biggest banks in the world wants the president's favorite banker muzzled, The New York Times reports.
With the presidential race largely focused on the economy and the budget, both candidates are at times stretching the truth, using statistics without context, exaggerating their own records and misrepresenting their opponent’s, the New York Times reports.
The system of political campaigning in the United States is tantamount to legalized bribery, former Minnesota Gov. Jesse Ventura said Tuesday.
A senior at Stephen F. Austin University is the founder of a political action committee that is shaking up House races in Texas.
When Mitt Romney picks his running mate, odds are he'll select someone with far less wealth than his own. Unless he chooses Meg Whitman, one of the richest women in America.
If health care reform is not thrown out entirely, House GOP leaders plan to force an immediate vote to repeal President Obama's signature law, The New York Times reports.
President Obama and Mitt Romney battle it out in the battleground state of Ohio, offering starkly different views about the nation's economic woes.
Sheldon Adelson and his wife have given $10 million to a super PAC backing Mitt Romney, making them by far the nation's biggest campaign donors, The New York Times reports.
For the second-straight day, Mitt Romney's campaign released a web video attacking President Obama for his comment that the nation's "private sector is doing fine."
Jeb Bush says his father and Ronald Reagan would find themselves out of step with today’s ideologically minded Republican Party.
The presidential campaigns and their allies are zeroing in mainly on nine swing states, bombarding them with commercials in the earliest concentration of advertising in modern politics, The New York Times reports.
Bill Clinton has been going off-message lately. In a way, he's like former House Speaker Newt Gingrich – a senior statesman who says what he thinks, perhaps without thinking through the implications for his 'team,' and gets in trouble. In fact, an entire literature has sprung up around why Mr. Clinton appears, at times, to be acting as a double agent for Mr. Romney, the Christian Science Monitor reports.
The final fundraising score for May: Mitt Romney and the GOP $76 million, President Barack Obama and the Democratic Party $60 million.
While all eyes on Wisconsin, two less noticed local elections in California could have bigger ramifications for struggling state and local governments and for organized labor.
A high-profile California cigarette tax initiative backed by cycling legend Lance Armstrong that once seemed like a sure thing teetered on the brink of defeat, a testament to the efficacy of a $50 million campaign backed by Big Tobacco.
In a battle pitting Big Tobacco and small business groups against health advocates, California voters are deciding whether to increase the state's cigarette tax by $1 a pack. The vote was too close to call Wednesday, The Associated Press reports.
In San Diego and San Jose, voters appeared to approve ballot measures designed to help balance ailing municipal budgets by cutting retirement benefits for city workers.