Budget insiders see worse ahead in Calif., Mich.

Stateline.org

This summer, the state paid its contractors for several months with IOUs because it ran out of cash. Genest said the situation earlier this year was so ...

Report: 10 states face looming budget disasters The Associated Press

Wisconsin budget rated in worst 10 Milwaukee Journal Sentinel

Study: Hawaii in worse fiscal shape than many states Honolulu Advertiser

CBS 4  - OregonLive.com  - Tampa Tribune

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New York avoids dubious top 10

Albany Times Union

California had to issue ious to state employees and contractors and close down state offices several Fridays a month. Lawmakers there closed a $24 billion ...

SIU President Calling For Freeze on Spending

WSIL TV

carbondale -- SIU administrators say these are desperate times because of so many IOUs from the state. Money's so tight the university is freezing spending. ...



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Mallahan not the only loser; power structure defeated, too

Seattle Post Intelligencer

Politics is built around IOUs and McGinn's debt is to his corps of volunteers, not to the business, labor and political elite that supported his opponent, ...



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Give the 'geezers' government IOUs

Dayton Daily News

Many dealers are still holding government IOUs . Maybe the president could save a lot of cash, administrative costs and red tape by just sending us IOUs ...

Terry Savage

Chicago Sun-Times

That's money we borrow by selling IOUs -- Treasury bills, notes and bonds. The real problem with all that debt is that 47 percent of it is owed to ...



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Bethlehem to use host fees from Sands to pay off debts under budget plan

Allentown Morning Call

Now the casino is here and it's time for the city to start paying off its IOUs . Callahan on Friday unveiled a $71.6 million budget that keeps taxes level ...



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Retailers gun-shy after last year's sales debacle

Eagle Tribune

She said stores will often issue ious or rain checks so shoppers can return after the Christmas rush to pick up those hard-to-find items. ...



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When IOUs become due

Inquirer.net

when it rains, it pours, so the saying goes. And this adage has never gained more credence than in recent days. ...

Ron Holland The Decline of the Dollar and Swiss Investments

Right Side News

... as the world's reserve currency, Americans will no longer be able to entice foreign governments, central banks and private investors to buy their IOUs . ...

Peninsula Township keeps full-time planner

Traverse City Record Eagle

Revenue sharing cuts trouble Manigold, who worries the state may cover future funding obligations in IOUs . He cited California as an example of a state that ...

second opinion: Just say yes

Milford Daily News

This resulted in receiving no nickels, many IOUs and meager success. What is the etiology of this malady that is so resistant to treatment? ...



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Business Highlights

The Associated Press

Drastic financial remedies are no longer limited to California, where a historic budget crisis earlier this year grew so bad that state agencies issued IOUs ...

AP Business NewsBrief at 4:35 pm EST TMCnet



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Understanding why the dollar will devalue

Business Mirror

So the next time the butcher wants to exchange chickens for medical care, the doctor wants three IOUs . The butcher has reduced the value of his IOU , ...

California's faulty electoral system is main cause of crisis

UConn Daily Campus

The Golden State learned this lesson all too well this year when, in July, California was forced to issue IOUs to its creditors to help cover its $26 ...

If it stays the course, New York State won't be able to pay its bills next month

The Post-Standard - Syracuse.com

California ordered furlough days for employees, wrote ious when it didn't have enough money to pay bills, and just this month began withholding 10 percent ...

Failed states: California is overregulated, overtaxed, and just plain over

Washington Examiner

The state's fiscal plight is so bad that earlier this year it had to resort to issuing IOUs when state coffers ran dry. According to the governor, ...



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Climate talks stall over aid to poor countries

Europolitics.info

... of the botched deal in Luxembourg, Instead of making a clear commitment on climate financing, the EU is still dealing in postponed promises and IOUs . ...

European People's Party and European Democrats (EPP-ED) - Press release - EU ... DeHavilland (press release) (subscription)



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The ultimate demise of dollar reserve status

Business Report

Roughly and approximately: the United States Government, through its Treasury, issues IOUs of various sorts. The United States Federal Reserve System, ...

Debate ignores debt

Pittsburgh Tribune-Review

It is filled with IOUs from -- who else? -- you, the American taxpayer. That's right, Social Security is technically broke. Fellow Americans, it is time for ...