The rate at which foreclosures are processed varies widely depending on the state. In New York, for example, it's taking about three years on average, compared with three months in Texas. The difference often has to do with whether courts are overseeing the process.
Montgomery County executive Isiah Leggett released an ambitious budget for the next year that includes dozens of new positions and bonuses for county workers without raising taxes -- but things could change if Maryland foists teacher pension costs on counties.
Millions of Americans are still out of work. Many homeowners are underwater or facing foreclosure. But the Labor Department reports that that February marked the best three months of hiring in two years. And housing is slowly picking up.
Rising gas prices pushed consumer costs up in February but overall inflation remained mild; the Senate passed a two-year, $109 billion transportation and infrastructure bill on Wednesday, which now moves to the House; Republican presidential candidate Rick Santorum won both Alabama and Mississippi primaries, prompting calls for Newt Gingrich to exit the race; and Federal Reserve "stress tests" on major banks showed all but a few would survive a major economic downturn. John King of CNN, Jackie Calmes of The New York Times and David Chalian of Yahoo News join Diane for analysis of the week's top national news stories.
After the latest Greece bailout, Europe's attention has turned to Spain, which has been breaking European Union spending rules for years. But the Spanish government has now caved to pressure to lower its deficit.
As gas prices rise, more people who need to get around rural areas are boarding local transit buses and vans. Many of the low-income riders can't afford to drive. But the cost of transporting the riders is bursting town budgets.
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