In 26 states, revenues today are lower than they were at their early-recession peak, according to a new Pew analysis.
Virginia's protracted budget dispute has taken a surprising turn for the worse. New tax data suggests a $300 million shortfall this fiscal year, and that could compel fractious legislators to redouble efforts to find an elusive compromise.
The non-hazardous pension under the Kentucky Employee Retirement System has about 25 percent of the money it would need to cover obligations to retirees.
Alabama's state pension funds could run out of money within a decade if lawmakers do not address a looming shortfall, a new study from Troy University's free market think tank warns.
Headlines: North Carolina
The state Senate is diving into the details of North Carolina Gov. Pat McCrory's proposed $21 billion budget and will put out its own version in two or three weeks.
Headlines: New Jersey
With a budget time bomb ticking down and just six weeks left on the clock to find $800 million in revenue, state officials are warning of very tough choices that could affect payments to schools, hospitals, and the state pension system.
Budget deal includes pay raises for thousands of troopers, prison guards child welfare workers and other state employees, and a plan to fix crumbling Oklahoma Capitol.
Governor Corbett's longstanding opposition to an extraction tax on natural gas in Pennsylvania is running up against the reality of weak state revenue collections and election-year spending pressures.
The $5.5 billion price tag is about 4.1 percent more than the current year, which ends June 30.
Headlines: New Mexico
New Mexico state government got 37.9 percent of its revenue from the federal government in FY12.