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Headlines: Ohio
Revising Kasich's budget will require rebalancing revenue
Changes would punch varying-size holes in Gov. John Kasich's proposed two-year, $63.3 billion budget. But unlike some of the more recent budgets, lawmakers would have choices in how to fill those holes.
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Headlines: Minnesota
Minnesota legislators brace for more bad budget news Thursday
Slowly improving economy and uncertainty in D.C. won't ease $1.1 billion hole forecast in November.
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Headlines: Montana
Bullock on state budget: Governor prepares for looming cuts, Medicaid debate
Montana stands to lose more than $10 million in federal funding and grants if automatic budget cuts go through Friday, but Gov. Steve Bullock says he is not making any changes to his budget plans at this point.
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Headlines: South Dakota
Appropriations committee to begin planning state budget for FY 2014
Complicating matters for the South Dakota state budget will be the unresolved matter of federal sequestration and how federal cuts might require replacement by state funds and how those cuts might affect economic activity.
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Headlines: New Jersey
Christie unveils $32.9B N.J. budget that expands Medicaid, covers pension payment
Gov. Chris Christie today unveiled a $32.9 billion election-year budget, including an expansion of Medicaid for uninsured residents, a $1.67 biliion payment into the state's troubled pension fund and a $97 million rise in spending on education.
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Headlines: Indiana
Indiana House passes state budget along party line vote
Gov. Mike Pence has blasted his own party because the budget does not includes a 10-percent income tax cut he campaigned upon.
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Headlines: Washington
Washington Senate explores shift to 401(k) retirement plans
The majority leader of the state Senate has developed a plan under which the state would transition away from offering government employees pensions. Instead, new employees and those younger than 45 would have a 401(k) system.
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Headlines: Texas
Automatic budget cuts could cost Texas $334 million in federal funds
The Texas state budget will lose $334 million because of the budget battle in Washington, mostly in cuts to public education programs, according to an analysis presented to lawmakers Monday.
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Research
Municipal Bankruptcy: An Overview for Local Officials
This guide serves as an overview of the basics of municipal bankruptcy, and boils down the municipal bankruptcy process so that officials and citizens have a framework within which to discuss whether bankruptcy is a viable option. It outlines who, what, where and when, as well as costs and benefits.
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Headlines: Louisiana
La. budget proposal released
The Jindal administration kicked off a months-long state budget debate by presenting a $24.7 billion budget that relies on the finalization of contracts involving public hospitals, property sales and other unresolved issues.
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Headlines: New Jersey
Christie's budget hinges on federal aid for storm relief
Governor Christie is banking on the billions in federal aid for superstorm Sandy to help rebuild New Jersey and boost the state budget he'll pitch Tuesday.
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Headlines
As Governors Meet, White House Outlines Drop in Aid to States
In an effort to put pressure on Congressional Republicans, the White House warned on Sunday that automatic budget cuts scheduled to take effect this week would have a devastating impact on programs for people of all ages in every state.
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Headlines: Virginia
Virginia lawmakers approve sweeping transportation plan
The Virginia General Assembly ended its annual session Saturday with passage of a sweeping transportation deal, handing Gov. Robert F. McDonnell a qualified victory on an issue that has vexed the state for a generation but that also puts him at odds with the conservative wing of his party.
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Headlines: Tennessee
Tennessee treasurer introducing changes to public employee retirement plan
Tennessee may be contributing much less to state employee retirement accounts in the future based on a state plan to convert to a defined contribution plan.
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Headlines
Ohio Treasurer Josh Mandel says entitlement spending expected to consume all federal revenue by 2045
In 2045, federal revenues could equal 18.5 percent of the nation's gross domestic product, according to this CBO view. That includes all sources of federal revenue, including income taxes and corporate taxes as well as payroll taxes that are supposed to cover Social Security and a portion of Medicare.
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Headlines: Illinois
Illinois Medicaid cuts fall short of projected savings
Savings from cuts to the Illinois Medicaid program have fallen short by $464 million, about 30 percent of the expected $1.6 billion in projected savings that Gov. Pat Quinn pushed for last year.
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Headlines: California
LAO has 'serious concerns' with Governors' Prop. 98 calculation
The LAO report calls this approach "a serious departure from our longstanding view of how revenues are to be treated for the purposes of Proposition 98," and says it "is directly contrary to what the voters were told in the official voter guide as to how the revenues would be treated."
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Headlines: California
California Fire Chief Defends Secret Fund
Since 2005, the Department of Forestry and Fire Protection, also known as Cal Fire, has paid the nonprofit California District Attorneys Association to house a special fund for training seminars and high-tech investigatory equipment. The fund collected $3.6 million overall and is being dissolved this month at the nonprofit's request.
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Research
Federal Aid to the States 2008-2011
It is well understood that the federal government must make spending cuts-these cuts will most likely drastically change the amount of federal dollars that are allocated to the states. Unfortunately for most states, dependence on federal funding has continually risen since 2008.
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Headlines: Florida
Florida Governor Rick Scott Supports Medicaid Expansion
Gov. Rick Scott said Wednesday he supports expanding Medicaid and funneling billions of federal dollars to Florida, a significant policy reversal that could bring health care coverage to 1 million additional Floridians.
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