Category: Government

By Kathy Canavan Delaware casino operators give about 55 percent of their combined revenue to the state, horsemen and video lottery vendors under the current revenue-sharing agreement. They keep 45 percent. Pennsylvania operators pay 55 percent of slot revenue and 14 percent of table-games revenue. New Jersey casino operators pay 9.25 percent of gross revenues.…

Travel and tourism experts estimate that the 2016 Democratic National Convention being hosted in Philadelphia will generate well over $200 million for the local economy.  Not to be outdone, the Pope’s visit will provide more than $400 million in financial impact to the region when the pontiff visits for the World Meeting of Families in…

Ricardo Alonso-Zaldivar Associated Press WASHINGTON (AP) It’s lasted six years. But now welcome relief from rising U.S. health care costs seems to be winding down. Health care spending will outpace the nation’s overall economic growth over the next decade, the government forecast on Tuesday, highlighting a challenge for the next president, not to mention taxpayers,…

WASHINGTON (AP) – Looking at the big picture, the financial health of Social Security and Medicare doesn’t appear to have worsened. The annual check-up found that Social Security’s retirement trust fund has enough money to pay full benefits until 2035, a year later than previously projected. Medicare’s giant trust fund for inpatient care won’t be…

Editor’s Note: Sen. Coons originally posted this column on LinkedIn. LinkedIn has become a critical part of the 21st century American economy because it’s a one-stop-shop. Workers come here looking for new jobs, new opportunities, and new ways they can improve their careers.  Businesses come here to scout out talented employees, improve their capacity, and…

BILLINGS, Mont. (AP) — Coal companies and their supporters scored a courtroom victory with a U.S. Supreme Court decision that said the Obama administration failed to take potential costs into account when it decided to regulate toxic emissions from many power plants. But officials from New England states downwind of coal plants expressed disappointment, and…

By Sam Waltz “Don’t eat your seed corn” was an expression oft heard around our Illinois sharecropper’s family farm when I grew up in the 1950s and 1960s. It was an everyday expression in East Central Illinois farm country and most likely, farm country anywhere. Non-farm business managers and owners may not know that expression,…