Headlines: South Carolina
The budget plan expands 4-year-old kindergarten and school reading initiatives but de-prioritizes money to local governments.
Plummeting revenues, underfunded pensions and millions in court-ordered school spending led Moody's Investors Service to cut the state's credit rating by a notch.
The tax break passed in the middle of filing season has revenue officials scrambling.
Headlines: New York
New York state's highest court ruled Wednesday that the names but not the addresses of retirees who receive public pensions must be disclosed according to the provisions of New York's Freedom of Information Law.
GOP leaders boasted of $3 billion in reserves, along with $500 million in tax and fee reductions - an election-year plum Gov. Rick Scott has been touting for months.
Pushed into a corner by a lag in tax revenues, Gov. Malloy and the majority Democrats in the General Assembly are using gimmicks of their own in passing what they say is a balanced budget for the fiscal year that begins July 1.
Wisconsin lawmakers will consider Tuesday paying off a pile of snowplowing and salt charges from a brutal winter and giving local governments additional money to help fill potholes left over from the cold.
In 2013, KRS reported a 12.7 percent return on its investment portfolio. KTRS, meanwhile, earned 19.7 percent, well above the national average of 16 percent on returns and placing it within the top 4 percent of pensions nationwide with assets over $1 billion.
During the past two weeks, all three major credit rating agencies have issued stern warnings to Pennsylvania policymakers in advance of the coming budget season.
Headlines: North Carolina
Proposed pay raises for teachers and state employees could be threatened by a North Carolina state budget shortfall.