The latest local news, weather and high school sports in and around Columbia and Jefferson City

Monday, March 11, 2013  The Jefferson City council met again Monday night to mull over the budget deficit.

Thursday, March 07, 2013  City council members in Jefferson City met recently to go over the budget situation, and major cuts have been proposed to widely-used services.

Thursday, January 10, 2013  Erskine Bowles, co-chairman of the U.S. deficit commission, calls failure to agree on a plan to reduce the national debt "the most disappointing thing in my life."

Tuesday, November 13, 2012  Obama to meet with labor leaders about impending 'fiscal cliff,' prospect of taxes on wealthy

Tuesday, April 03, 2012  Obama calls House GOP budget plan a Trojan horse for 'radical' change

Tuesday, February 14, 2012  Obama's $3.8 trillion budget attacked by GOP for higher taxes, failure to cut spending more

Tuesday, September 13, 2011  Already handed a tough task, congressional debt panel faces complications from Obama jobs plan

Friday, June 24, 2011  Biden-led budget talks suspended as Cantor bolts over Democratic demands on taxes

Thursday, June 02, 2011  Job gains boost state tax revenue for 2nd straight year, helping lawmakers narrow budget gaps

Thursday, March 10, 2011  Over the past three months KRCG has been bombarded with emails and calls about the state's new multi-million dollar phone system. State employees said they're worried money is being wasted while the state grapples with a budget deficit in the hundreds of millions of dollars.

Tuesday, February 22, 2011  A House Committee has endorsed a plan that would allow Missouri to accept and distribute a $189 million federal education stimulus.

Friday, July 23, 2010  The new estimates paint a grim unemployment picture as the economy experiences a relatively jobless recovery. The unemployment rate, presently averaging 9.5 percent, would average 9 percent next year under the new estimates.

Tuesday, July 13, 2010  The federal deficit has topped $1 trillion with three months still to go in the budget year, showing the lasting impact of the recession on the government's finances.

Tuesday, June 22, 2010  White House Budget Director Peter Orszag says he's stepping down next month, positioning him to be the first high-profile member of President Barack Obama's team to depart the administration.

Tuesday, April 27, 2010  President Barack Obama said Tuesday Washington must urgently confront unpleasant truths about deficits, while the Federal Reserve chairman said failure to mop up red-ink spending would "ultimately do great damage" to the country.