The fiscal 2015 spending plan, a $20.8 billion blueprint which takes effect July 1, puts more than $300 million extra into schools with the goal of eliminating furloughs, lengthening the school year and giving teachers pay raises.
The budget pending in the Republican-led Legislature is about $900 million smaller than the one proposed in January by Democratic Gov. Jay Nixon. The difference is due largely to the fact that lawmakers chose not to include a federally funded Medicaid expansion sought by Nixon.
House lawmakers filed nearly 1,200 amendments in advance of Monday's scheduled debate on the state's $36.2 billion budget, some to restore funds slashed from programs during lean economic times and others to benefit pet projects at the local level.
A major push to change retirement benefits for state employees continues to hang in the legislative balance with just a week to go in the annual session.
Citizens for Pension Reform Committee wants to replace the city's pension system with a 401(k)-style retirement plan for new employees. The initiative states it also would stop "pension spiking" by capping the pension benefits available to current employees.
Washington state lost its waiver from implementing certain parts of the No Child Left Behind education law, an action that could lead to layoffs and program cuts, Gov. Jay Inslee said in a statement Thursday.
Former Lt. Gov. Richard Ravitch, who helped New York City escape bankruptcy 40 years ago, warned Wednesday that the fiscal crisis isn't over in New York and other states, despite election year plans to cut taxes and spend more.
As state senators upheld Gov. Terry McAuliffe's vetoes of two Republican-backed measures on religious expression, their House of Delegates counterparts rejected many of his amendments on other pieces of legislation.
House members voted 54-40 for the Senate-passed measure that is one of the session's top priorities for Republican Gov. Mary Fallin, who is seeking re-election. It now goes to Fallin to be signed into law.
Headlines: North Carolina
A blistering report on the management of the state's $87 billion pension fund commissioned by the State Employees Association of North Carolina reinforces and significantly expands the group's long-standing criticisms of state Treasurer Janet Cowell.