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Government & Politics

  • Senate advances $26B in state aid

    Mainebiz News Staff August 5, 2010

    Maine's two U.S. senators have helped to move forward a $26 billion aid package that would provide long-awaited education and Medicaid funds to the states.

    Mainebiz News Staff August 5, 2010
  • MSEA files discrimination suit against state

    The Mainebiz News Staff August 3, 2010

    The Maine State Employees Association has filed a lawsuit against the state alleging its decision to cut longevity pay for state workers last year discriminates against older workers.

    The Mainebiz News Staff August 3, 2010
  • Nominees named for PUC, ed. commish

    The Mainebiz News Staff August 3, 2010

    Gov. John Baldacci has nominated David Littell, commissioner of the state's Department of Environmental Protection, to serve on the Maine Public Utilities Commission.

    The Mainebiz News Staff August 3, 2010
  • ME tops nation for state startup investment

    The Mainebiz News Staff August 2, 2010

    Maine leads the nation for investing in startups through state-run grant programs, according to data from a firm that tracks the venture capital industry.

    The Mainebiz News Staff August 2, 2010
  • Taxes indicate rise in smoking

    Mainebiz News Staff July 30, 2010

    Taxes collected on cigarettes show a surprising spike in the sale of the tobacco products, an indication that smoking is on the rise in Maine.

    Mainebiz News Staff July 30, 2010
  • Budget shortfall could exceed $1B

    The Mainebiz News Staff July 28, 2010

    Legislators learned Tuesday the state's shortfall for the next two-year budget could be more than $1 billion.

    The Mainebiz News Staff July 28, 2010
  • Bill targets pension problems

    The Mainebiz News Staff July 26, 2010

    An Oxford lawmaker has introduced a bill that he hopes will spark attention toward resolving the state's $4 billion unfunded liability problem.

    The Mainebiz News Staff July 26, 2010
  • Waiting on the feds

    Mal Leary July 26, 2010

    State eyes budget targets

    Mal Leary July 26, 2010
  • Money manager | The state's new finance chief dives into budget tumult

    Jackie Farwell July 26, 2010

    Ellen Schneiter spent her second day this month as Maine’s new top budget official sending out curtailment notices to state departments, seeking to fill a $100 million shortfall. The wisecracks soon rolled in.

    Jackie Farwell July 26, 2010
  • Popping the lid off pot | Dispensaries bring medical marijuana from the shadows to Main Street

    Whit Richardson July 26, 2010

    Leo Trudel has written hundreds of business plans during his 25-year career in business and economic development.

    Whit Richardson July 26, 2010
  • Congress passes jobless benefits extension

    The Mainebiz News Staff July 23, 2010

    Following weeks of debate, Congress yesterday passed extended unemployment benefits that could help nearly 10,000 jobless Mainers.

    The Mainebiz News Staff July 23, 2010
  • State sees $70M surplus for '10 budget

    The Mainebiz News Staff July 21, 2010

    The state ended the 2010 fiscal year with a surplus of a little more than $70 million, Gov. John Baldacci announced yesterday.

    The Mainebiz News Staff July 21, 2010
  • New report targets business costs

    Mainebiz News Staff July 20, 2010

    The Maine Development Foundation and Maine State Chamber of Commerce have issued a report on how to grow the state's economy based on an analysis of hundreds of previous economic development plans and a survey of 1,000 Maine businesses.

    Mainebiz News Staff July 20, 2010
  • Council: Logging law hurts ME mills

    The Mainebiz News Staff July 19, 2010

    Debate is stirring over whether a new Maine law prohibiting Canadian loggers from receiving unemployment during the off-season will lead to a shortage of wood supply for the state's mills.

    The Mainebiz News Staff July 19, 2010
  • Congress passes financial reform

    The Mainebiz News Staff July 16, 2010

    With the help of Maine's two U.S. senators, Congress yesterday passed a financial reform bill aimed at cracking down on lending practices and boosting consumer protection.

    The Mainebiz News Staff July 16, 2010
  • Kofman seeks health care waiver

    The Mainebiz News Staff July 16, 2010

    Maine's insurance chief is asking the federal government to waive a provision of the health reform law, arguing it could drive away one of the state's insurance providers.

    The Mainebiz News Staff July 16, 2010

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Today's Poll

Is your business affected by the government shutdown?
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Poll Description

Sponsored by Kennebunk Savings Bank

The federal government shut down at midnight on Oct. 1 over a budget stalemate. The standoff in Washington comes on top of changing policies on tariffs and trade.

The shutdown curtailed the release of monthly reports on the country's trade balance, consumer prices, retail sales and producer price. In Maine, much of the Acadia National Park staff was put on furlough, though roads and campgrounds were still accessible. 

The last shutdown stretched over 35 days from Dec. 22, 2018, to Jan. 25, 2019.

A shutdown of less than two weeks is "unlikely to have a material impact on the economy or household finances," the president of a Maine credit union told Mainebiz last week.

But there's growing anxiety over how a protracted shutdown would affect the economy.