SISTER BAY, Wis. (AP) — Republican Mark Savard has dropped out of 8th District congressional race. Savard said Monday he doesn’t have the money or staff to continue in the race. Savard farms in Door County and is a painting ...

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By Caley Clinton An extension to a federal tax benefit for equipment purchases could kill the market urgency the measure was designed to create. The bonus depreciation law, which was in effect during the 2008 and 2009 tax years and ...

Tagged with: Association of Equipment Manufacturers Congress economy equipment recovery Riley Construction stimulus tax

Brian Johnson Dolan Media Newswires Minneapolis — The Caterpillar plant in Brooklyn Park was humming with manufacturing activity. During a recent media tour of the company’s Paving Products Plant, scores of Cat employees went about the business of producing pavers, ...

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By Matt Pommer Strange events can have a long-range effect on government and politics. Consider the 42-year congressional service of U.S. Rep. David Obey, who has announced he won’t seek re-election in November. When he was 30, Obey scored an ...

Tagged with: candidate Congress David Obey democrat election House of Representatives Pommer Republican

By Jeannine Aversa AP Economics Writer Washington (AP)- A Miami woman who exhausted her unemployment aid needs to pay bills. A Phoenix job-seeker wants a greater sense of purpose. The economy absorbed a flood of 805,000 new job-seekers last month ...

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Andrew Taylor AP Writer Washington — 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. Obama ...

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Los Angeles (AP) — The homebuilding industry’s main trade association spent $1.1 million in the fourth quarter lobbying Congress, the White House and several government agencies on housing, taxes, health care and other issues, according to a disclosure report. The ...

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By Martin Crutsinger AP Economics Writer Washington — Sales of existing homes fell for a third straight month in February, pushing sales down to the lowest level since last July. There is concern the fragile housing rebound is faltering, making ...

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By Sean Ryan The federal government will hemorrhage $11.1 billion in 2010 highway money if Congress doesn’t pass a bill by Sunday to temporarily plug the leak. Wisconsin has $200.7 million at stake in the Congressional debate over jobs bills ...

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By Sean Ryan A Wisconsin congressman is joining a chorus of boos over a federal agency’s decision to limit bidding to two out-of-state companies for an Onalaska stimulus project. U.S. Rep. Ron Kind, D-Wis., has asked the White House to ...

Tagged with: American Recovery and Reinvestment Act Congress Market & Johnson Ron Kind U.S. Fish and Wildlife Service