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PRESS RELEASE

  • Press Release: MICHIGAN

    Bankruptcy offers Detroit its best chance at an orderly and fair reduction of debts

    Tuesday, December 3, 2013

    "From pensioners to bond holders, Detroit's bankruptcy will require sacrifices made by all. But the alternative - a city so riddled with debt it is unable to meet the basic needs of its citizens - would be far worse. If anything, Detroit's approval to proceed in the bankruptcy process should serve as a warning to other municipalities whose budgets operate out of touch with reality," said State Budget Solutions President Bob Williams.

  • Press Release: ILLINOIS

    Pension reform plan just not good enough in Illinois

    Monday, December 2, 2013

    "The phrase ‘too little, too late' has applied to most pension reform ideas floated in Illinois for the past two years, and is an apt description of this latest effort to fix Illinois' pension problem," said Bob Williams, President of State Budget Solutions.

  • Press Release: ILLINOIS

    Itís time for Illinois to walk-the-walk on pension reform

    Friday, November 29, 2013

    "After two years of negotiating, Illinois lawmakers should be able to tout great strides toward solving Illinois' huge public pension problem. Instead, lawmakers achieved only baby steps and citizens still face a $251 billion unfunded liability," said SBS President Bob Williams.

  • Press Release: MARYLAND

    Wake up, Maryland: Public Employee Retirement Security at Risk

    Thursday, November 7, 2013

    Maryland, like many other states across are country, is turning a blind eye to underfunded public pensions. The day of fiscal reckoning is upon us, and kicking the can down the road will do nothing to help dig the Free State out of a huge pension hole.

  • Press Release: CALIFORNIA

    Stockton, California hikes taxes without addressing pension promises

    Wednesday, November 6, 2013

    "Stockton's earlier attempts to avoid the costs of its pension promises through pension obligation bonds helped push the city into bankruptcy in the first place. Failing to reform the current defined benefit system only invites future fiscal trouble," said State Budget Solutions' President Bob Williams.

  • Press Release: MICHIGAN

    Medicaid Expansion Is Bad For Michigan

    Monday, August 26, 2013

    The case against Medicaid expansion is clear.  Studies show that expanding Medicaid will do little to improve the health of Michiganders or relieve the state of growing health care costs.

  • Press Release: WASHINGTON

    Bob Williams: WA State making a move in the right direction by cracking down on pension padding

    Wednesday, August 21, 2013

    The day of fiscal reckoning is upon us, and pension systems gone wild are a main driver in bankrupting municipalities and states across this country.

  • Press Release: VIRGINIA

    New report explains dangers of Medicaid expansion to Virginia

    Monday, August 19, 2013

    Medicaid Expansion: The Wrong Prescription for Virginia, details how other states that have expanded Medicaid coverage did not obtain the predicted benefits. 

  • Press Release: ILLINOIS

    Day of Fiscal Reckoning is Here for Chicago

    Tuesday, August 6, 2013

    "We've shouted from the mountain top for years but Chicago officials refused to take notice - the day of fiscal reckoning is here! With an anticipated budget gap of $339 million predicted for next year, and the possibility of $1 billion in 2015, Chicagoans face a harsh reality: Mayor Emanuel and city officials must act now, to reign in spending and reform the public pension system to avoid crippling Chicago."

  • Press Release: WASHINGTON

    Washington state lawmakers need to stop talking about raising taxes and pass a budget that keeps the state government running

    Tuesday, June 25, 2013

    "There is no reason for the deadlock over the Washington state budget," said Bob Williams, President of State Budget Solutions.


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