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  • Headlines

    Six Ways States Should Spend Their Surpluses

    The Fiscal Times | by Eric Pianin and Rob Garver | February 4, 2014

    The nice thing about pension obligations is that they are extremely predictable and are therefore easy to plan for. The bad thing about them is that they don't go away. The bill is coming due, and states ought to dedicate some of their surpluses to making sure they will be able to pay it.

  • Headlines: Pennsylvania

    Gov. Corbett's $2 billion elephant

    Philly.com | by Eric Boehm | February 4, 2014

    Pensions are the largest area of the growth in the state budget, threatening to swamp the state's books with red ink.

  • Headlines: Illinois

    Quinn wants to delay budget speech

    The Chicago Tribune | by Ray Long | February 4, 2014

    Instead of unveiling his budget on Feb. 19 as provided by law, Gov. Pat Quinn wants to hold off until March 26, the week after the primary.

  • Headlines: Tennessee

    Haslam releases budget, delivers State of the State address

    WBIR.com | February 3, 2014

    The Republican governor has described this upcoming budget as the most difficult of his tenure. Tennessee collected $176 million less in taxes than it expected this year, leaving a gap that must be filled before the new budget year starts in July.

  • Headlines

    Battles Loom in Many States Over What to Do With Budget Surpluses

    The New York Times | by Rick Lyman | February 3, 2014

    After so many years of sluggish revenues, layoffs and draconian service cuts, governors and legislators are eager to use the newfound money to cut taxes, restore spending or, in some cases, pay down debts or replenish rainy-day funds for future recessions.

  • Headlines: New Jersey

    State Watch: New Jersey's pension money pit

    The Trentonian | by Dave Neese | February 3, 2014

    Experts who look into the finances of New Jersey's public-employee pension plans often wind up making the same observation. "The chickens are coming home to roost," they say.

  • Headlines: Pennsylvania

    Democrats unveil proposals for more money for schools

    Philly.com | by Martha Woodall | January 31, 2014

    Democrats from Philadelphia's state Senate delegation unveiled a plan Thursday to provide $300 million more for education across the state.

  • Headlines: Delaware

    Gov. Markell calls for pay raises, higher taxes

    The Washington Post | January 31, 2014

    Gov. Jack Markell on Thursday proposed an operating budget for the upcoming fiscal year that is 3 percent higher than this year's budget and relies on tax hikes and funding shifts to cover expenses.

  • Headlines: Michigan

    Michigan Supreme Court to decide whether state pension system is legal

    The Detroit Free Press | January 31, 2014

    The Supreme Court says it will decide whether the law is constitutional. The law signed by Gov. Rick Snyder gives employees with pensions a choice: pay 4 percent to stay in the plan or freeze the pension benefit and move to a 401(k).

  • Headlines: Massachusetts

    Massachusetts House Speaker Robert DeLeo rules out increased taxes, vows to pass minimum wage increase

    MassLive.com | by Shira Schoenberg | January 30, 2014

    Massachusetts House Speaker Robert DeLeo said that the House will not agree to the additional taxes included Gov. Deval Patrick's budget proposal.

  • Headlines: New Jersey

    NJ. Sen. Steve Sweeney: I'll shut down government if Chris Christie reneges on pension payment

    NJ.com | by Susan K. Livio | January 30, 2014

    State Senate President Stephen Sweeney said he is willing to shut down state government if Gov. Chris Christie doesn't support a budget that contains the payment into the public employee pension fund they both promised to make when they approved a major overhaul of the program three years ago.

  • Headlines: Illinois

    Chicago pension tab: $18,596 for every man, woman, child

    The Chicago Tribune | by Hal Dardick | January 30, 2014

    That per-person figure is the highest among the nation's 25 largest cities. It's nearly double that of New York, the city with the second-largest tab.

  • Headlines: Florida

    Florida Gov. Rick Scott proposes $74 billion budget with new money going into tax relief

    The Tampa Bay Times | by Mary Ellen Klas | January 29, 2014

    Gov. Rick Scott packaged together his election-year priorities Wednesday and offered up a $74.19 billion budget proposal to Florida lawmakers that is slightly below the current year budget.

  • Headlines: Oregon

    Oregon lawmakers will have to re-balance budget

    KATU.com | by Jonathan J. Cooper | January 29, 2014

    The opportunity to rebalance the two-year, $16.4 billion state budget in this way was one of the primary justifications lawmakers gave in seeking annual legislative sessions, which voters approved in the 2010 election.

  • Headlines: Illinois

    Major union group sues to overturn Illinois pension law

    The Chicago Tribune | by Ray Long and Rick Pearson | January 29, 2014

    Illinois' largest government employee unions sued to overturn Illinois' new pension law, ripping the long sought, landmark money-saving changes as outright "theft" from workers that won't pass a legal smell test.

  • Headlines: Montana

    GOP Montana legislators at odds on state spending increase

    The Missoulian | by Charles S. Johnson | January 29, 2014

    Republican legislators are using different comparisons to fight over how much the 2013 Legislature increased state spending over the next two years.

  • Headlines

    New data reveals amount of federal aid to states in 2012

    State Budget Solutions | by Joe Luppino-Esposito, Shannan Younger | January 28, 2014

    Surprised to learn that state governments combined received 31.6% of their general revenue from the federal government in 2012, with one state getting a whopping 45.4% from the feds? Click here to learn what percentage of your state's general revenue came from Washington, D.C.

  • Headlines: Iowa

    Iowa Senate panels OK school aid hikes, but Branstad nixes idea

    The Des Moines Register | by William Petroski | January 28, 2014

    The Iowa Senate wants to increase state money provided to public schools by 6 percent , but the proposal is probably going nowhere amid objections from Gov. Terry Branstad and House Republicans.

  • Headlines: Florida

    Scott pitches $542 million school budget increase

    The Tampa Bay Times | by Kathleen McGrory | January 28, 2014

    Facing one of the best state budget outlooks in recent memory, Gov. Rick Scott on Monday made a pitch to increase public school spending by $542 million.

  • Headlines: Washington

    Is it time for state lawmakers to give up their pensions?

    KIROtv.com | by Essex Porter | January 28, 2014

    Monday, the Washington State Senate Ways and Means committee discussed a proposal to eliminate their own pensions beginning in July of 2015.


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