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  • Headlines: Florida

    Weatherford's base shows up to give him boost before pension battle

    The Miami Herald | by Michael van Sickler | March 4, 2014

    Pushing pension reform has been no easy task for Florida House Speaker Will Weatherford in the last two years, yet Weatherford persists, listing it at the top of his legislative agenda for this year's session, which begins Tuesday.

  • Headlines: Michigan

    Detroit reaches settlement over controversial debt deal

    USA Today | by Nathan Bomey and Brent Snavely | March 4, 2014

    The city of Detroit revealed a proposed settlement with two banks late Monday to pay off a controversial debt deal called swaps, which helped plunge Detroit into bankruptcy.

  • Headlines: Louisiana

    Lawmakers look to lock down health care funding in state budget

    NOLA.com | by Julia O'Donoghue | March 4, 2014

    The Louisiana State Legislature will once again consider legislation to limit their own ability to move around money in the state budget this year, a move that critics say say will tie lawmakers hands to deal with revenue shortfalls in the future.

  • Headlines: Illinois

    Civic Federation Releases Plan to Balance State Budget

    NBC Chicago | by Mark W. Anderson | March 4, 2014

    The plan relies on a mix of new taxes, spending cuts and completely paying down Illinois' $5.4 billion backlog of bills. The five-year plan also calls for building a "rainy day" fund and restoring municipalities' full share of revenue generated by taxes.

  • Headlines: Minnesota

    Dump the 'inflation bias' in state budget forecasts

    Minneapolis Star Tribune | by William C. Melton | March 3, 2014

    The $2.6 billion number cited for the surplus in the planning estimates for the next biennium is far too optimistic — and the distortion is probably going to get worse in the future.

  • Headlines: Nebraska

    Property taxes, state parks eyed in Neb. budget

    KETV.com | March 3, 2014

    The Legislature's Appropriations Committee is expected to finish its work this week on changes to the state budget.

  • Headlines

    Buffett Says Pension Tapeworm Means Decade of Bad News

    Bloomberg News | by Noah Buhayar and Zachary Tracer | March 3, 2014

    "Local and state financial problems are accelerating, in large part because public entities promised pensions they couldn't afford," Buffett said. "Unfortunately, pension mathematics today remain a mystery to most Americans."

  • Headlines: Louisiana

    Critics say Jindal's budget strategies amount to 'accounting gimmicks'

    Baton Rouge Advocate | by Michelle Millhollon | March 3, 2014

    With revenue failing to prop up the heavy weight of a poor state’s obligations, critics say, Jindal seems only too ready to swipe the credit card and let a future governor deal with the fallout.

  • Headlines: Oklahoma

    Oklahoma House wants to link state pension overhaul, pay increases

    The Tulsa World | by Randy Ellis | March 3, 2014

    Members of the state House of Representatives would like a commitment from the governor and Senate to fund targeted pay increases this year before signing off on a pension overhaul bill, said state Rep. Leslie Osborn.

  • Headlines: Washington

    State Senate adds education money to budget; no teacher raises

    The Seattle Times | by Lisa Baumann | February 28, 2014

    Senate Bill 6002 passed on a 41-8 vote. Under the spending plan, the State Need Grant Program would receive an additional $5 million related to the immigrant financial-aid bill known as the Dream Act or Real Hope Act. Gov. Jay Inslee signed the related bill into law Wednesday.


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