House Speaker John Boehner's bill would raise the debt limit by $1 trillion while making cuts to federal spending of $1.2 trillion. He faced criticism from some conservatives in advance of an expected vote Wednesday.
The president spoke a few hours after first Republicans, then Democrats drafted rival fallback legislation Monday to avert a potentially devastating government default.
A June poll revealed that Americans' debt-related stress is up since the fall, but about half only charge items to credit cards when they can afford to pay for them at month's end.
Despite the large loss of jobs, the seasonally adjusted unemployment rate for the state was not significantly altered.
Nationally, charitable donations declined in 2008 and 2009, then rose an estimated 3.8 percent across the board in 2010, according to the recently released Giving USA report. Locally, however, many nonprofits brought in percentage increases higher than the national average.
The new law will require grain dealers to set aside more money as a safeguard against insolvency.
Some Republican officials have begun to ask whether Gov. Jay Nixon is inappropriately citing the Joplin tornado as a reason to hold on to state dollars that had been due to public schools and other government programs.
Coupon clipping has helped some people save up to 90 percent on groceries. But on the other hand, it brings increased levels of frustration, long lines and sometimes empty shelves.
Loans through the Missouri Linked Deposit Program have affected about 4,000 jobs and farmers in Missouri this year, and participation is about 50 percent higher than it was last year.
The recovery from the Great Recession has been longer and tougher than any recent recession.
Gov. Jay Nixon followed through with the long-held plan to close the Missouri Film Office. Missouri's filmmaking community remains concerned about the fate of the industry and the loss of potential revenue.
Public transportation systems across the country are aging, but tight budgets are making improving them a challenge.
Ameren Missouri contends customers benefit from a new Taum Sauk reservoir and wants to raise its rates for electricity to help pay for it.
The additional disaster aid will be funded by better-than-expected state tax revenues. Missouri's financial commitment now stands at $150 million.
Due to customer demand, PROFoermance Powertrain Products plans to more than double its workforce.
The economic loss could reach $156.7 million when other economic changes besides the crop values are factored in. The estimate is based on U.S. Department of Agriculture records.
Budget and fiscal data show that cumulative revenue available for the coming fiscal year has dropped.
The rate was at the same level in April. The number of nonfarm jobs fell by 1,500, however.
VA Mortgage Center.com, which provides home loans to veterans and active members of the military, will add 300 jobs to Columbia by the end of 2016. Positions will include loan processors, loan officers and credit consultants, the center's manager said.
Mother Kylie Nichols has been "barely making it" since losing her job, but she wants to do better than barely. Nichols is among the mid-Missourians whose stories are told in Project 573, an in-depth look at the recession by a group of students from the Missouri School of Journalism.