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States sell bonds to investors for everything from meeting day-to-day cash-flow needs to funding major capital improvements. A U.S. default on its debt, or a lowering of the country's bond rating, will have a ripple effect in states and communities across the nation.

Builders project that $300 million in local, state and federal revenue would also be lost during the project's life.

The Alabama legislature has approved a bill making it legal to brew beer at home, a practice that had been forbidden in the state. If Gov. Robert Bentley signs the bill, as is expected, homebrewing will soon be legal in all 50 states.

The California state legislature passed more than 700 new laws last year - most of them take affect January 1st. The laws range from banning people from openly carrying hand guns - to preventing minors from using tanning beds. There are also a number of new laws protecting the rights of gays and lesbians.

Officials have forcibly medicated suspect Jared Lee Loughner because they said he posed a danger at the prison. Defense attorneys argue that prosecutors have not shown Loughner’s mental condition can be improved so that he can go to trial.

San Diego's County Board of Supervisors voted to begin public hearings on a proposed $5 billion budget for the next fiscal year. We break it down with Supervisor Greg Cox.

After decades of cajoling Americans to know their cholesterol level and get it down as low as possible, the nation's leading heart specialists are changing course.

Now a fixture on the education landscape, TFA faces new challenges — from inside and out.

California residents are changing behaviors and opinions because of high gas prices, according to key findings in a Consumer Federation of America poll.

Bureaucracy and mammoth student loans weren't part of the package for Dr. Michael Sawyer's father and grandfather. Still, like them, he feels medicine is a calling. A fourth generation of Sawyers is thinking about whether to carry on the tradition.