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Articles from newspapers and websites around the nation

  • Headlines: New Mexico

    NM's revenue from feds tenth highest among states, study says

    Albuquerque Business First | by Dennis Domrzalski | May 16, 2014

    New Mexico state government got 37.9 percent of its revenue from the federal government in FY12.

  • Headlines: Illinois

    AG Madigan defends state pension law

    The Chicago Tribune | by Rick Pearson | May 16, 2014

    Illinois Attorney General Lisa Madigan filed the state's first response to a series of challenges to the new law aimed at resolving the state's government worker pension debt, arguing that changes in retirement benefits were a "valid exercise" of the state's authority.

  • Headlines: North Carolina

    McCrory unveils $21B NC budget for next year

    The News & Observer | May 15, 2014

    The Republican governor said what's still included is the signature piece of his plan he announced last week- raises for public school teachers and almost all state employees.

  • Headlines: Illinois

    Madigan: Pass budget now, round up tax hike votes later

    The Chicago Tribune | by Monique Garcia and Ray Long | May 15, 2014

    Illinois Democrats are taking a spend first, find-the-money-later approach as they craft a new state budget.

  • Headlines

    Fitch: State pension plans' funding climbs in 2013 despite low contributions

    Pensions & Investments | by Rob Kozlowski | May 15, 2014

    While the funding ratios of U.S. state defined benefit pension plans improved in fiscal year 2013, significant challenges remain, according to a Fitch Ratings report.

  • Headlines: Illinois

    Judge halts Illinois pension reform law

    The Chicago Tribune | by Ray Long | May 15, 2014

    Retiree groups and a union coalition called We Are One Illinois won a temporary restraining order and preliminary injunction in Sangamon County Circuit Court that will put the law on hold and prevent it from taking effect on June 1.

  • Headlines: Michigan

    Dropping revenue forecasts may rein in Michigan spending plans

    The Detroit News | by Gary Heinlein | May 15, 2014

    State lawmakers and Gov. Rick Snyder likely will have to rein in their spending plans for next year - including extra money to fix potholed roads and crumbling bridges - based on lower-than-expected revenue forecasts.

  • Headlines: New Hampshire

    Hassan to issue freeze on hiring, out-of-state travel in response to low revenues

    The Concord Monitor | by Kathleen Ronayne | May 15, 2014

    April revenue from business taxes and the interest and dividend tax came in well below projections.

  • Headlines: California

    Gov. Brown's revised budget proposal boosts spending for Medi-Cal

    The Los Angeles Times | by Chris Megerian | May 14, 2014

    Enrollment in the state's healthcare program for the poor has soared past expectations as a result of President Obama's federal overhaul, Gov. Jerry Brown said Tuesday, and by next year about a third of Californians will be covered, costing hundreds of millions of dollars more than anticipated.

  • Headlines: New Jersey

    Moody's downgrades NJ debt as Christie's budget problems grow

    NJ.com | by Salvador Rizzo | May 14, 2014

    Moody's Investors Service downgraded the state's debt on Tuesday night, the latest Wall Street credit-rating agency to sound the alarm this year about New Jersey's finances.


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