Articles from newspapers and websites around the nation

  • Headlines: Wisconsin

    Wisconsin budget surplus nears $1 billion

    Businessweek | by Scott Bauer | January 17, 2014

    Wisconsin's budget surplus was projected to reach nearly $1 billion, money that Gov. Scott Walker and Republican legislative leaders are eyeing for income and property tax cuts.

  • Headlines: North Carolina

    Commission to consider reforms to NC pension fund structure

    News & Observer | by David Bracken | January 17, 2014

    State Treasurer Janet Cowell announced Thursday the creation of an independent, bipartisan commission to review the state's governance structure for investment management.

  • Headlines: Pennsylvania

    Pennsylvania Pension-Fix Impasse Punishes Investors: Muni Credit

    Bloomberg | by Romy Varghese | January 17, 2014

    Pennsylvania, which shoulders one of the biggest pension burdens among U.S. states, is bucking the wave of local governments trimming the benefits. Its bondholders are paying the price.

  • Headlines: Rhode Island

    Chafee's $8.5B budget holds tax rates, boosts K-12 | by Ted Nesi | January 16, 2014

    The governor's proposed budget would increase Rhode Island's state spending by 4% to $8.5 billion in the 2014-15 fiscal year that starts July 1, with about a third of the money coming from the federal government.

  • Headlines: Maryland

    Analysis: Putting a different spin on $39 billion state budget

    The Maryland Reporter | by Len Lazarick | January 16, 2014

    The budget has record spending on K-12 public schools ($6.1 billion) and health care ($8.9 billion), the largest share of the budget.

  • Headlines: Louisiana

    No mid-year budget cuts will be required as Louisiana revenue dips only slightly | by Julia O'Donoghue | January 16, 2014

    For the first time in six years, Gov. Bobby Jindal's administration will not have to make mid-year budget cuts because of less than projected state revenue.

  • Headlines: California

    Some Good News, and Some Big Challenges, for State Pension Funds | by Dan Brekke | January 16, 2014

    Beyond the CalPERS report, though, looms the reality that the state's public sector retirement funds are still facing hundreds of billions of dollars in future retirement obligations that it hasn't yet figured out a way to pay for.

  • Headlines: Massachusetts

    Major agreements reached before state budget debate | by Matt Murphy | January 15, 2014

    The budget chiefs in the House and Senate and Gov. Deval Patrick's top budget aide have agreed on a major pension system funding change ahead of this year's budget debate, and the Patrick administration on Tuesday also raised its estimate of available tax revenues for the current fiscal year.

  • Headlines: Maryland

    O'Malley to release state budget proposal

    The Washington Post | January 15, 2014

    The governor's office says the budget plan does not include new taxes or fee increases.

  • Headlines: New Jersey

    Christie's Call For Pension Concessions Sets Up Budget Battle With Sweeney

    NJ Spotlight | by Mark J. Magyar | January 15, 2014

    Gov. Chris Christie used his State of the State speech to argue that “further pension changes are needed” because the annual payments required to restore the pension system to solvency prevent the state from increasing the funding for education, crime prevention, infrastructure, and other needed programs or enacting a tax cut.

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