Articles from newspapers and websites around the nation

  • Headlines: Louisiana

    Louisiana retirement legislation focuses on cost-of-living increases, alternative debt reduction methods

    The Times Picayune | by Lauren McGaughy | February 28, 2014

    Louisiana lawmakers are seeking alternative methods to pay down state pension debt this year, by filing legislation ahead of the 2014 session to raise the retirement age for new hires and even tax marijuana if it should ever be legalized.

  • Headlines: Alabama

    Alabama Senate approves education budget that includes 1 percent teachers' bonus, cut for ASU | by Mike Cason | February 28, 2014

    The $5.9 billion budget would provide $10 million to hire about 250 more middle school teachers statewide.

  • Headlines: Minnesota

    Minnesota budget surplus grows to $1.23 billion

    The Minneapolis Star Tribune | by Baird Helgeson | February 28, 2014

    Legislators have been in session less than two weeks and are already figuring out ways to spend the money.

  • Headlines: Michigan

    Coalition wants $275M more in direct state aid for classrooms

    The Detroit News | by Chad Livengood | February 28, 2014

    A coalition of public school advocates on Thursday proposed an alternative to Gov. Rick Snyder's education budget that would give school districts $250 to $291 more per student next year.

  • Headlines: Maine

    Maine lawmakers forge ahead on supplemental budget without LePage

    The Bangor Daily News | by Scott Thistle | February 27, 2014

    The state's constitution requires a balanced budget and devoid a supplemental budget offering from Republican Gov. Paul LePage, committee members have been left largely on their own as they attempt to craft the spending document.

  • Headlines: Maryland

    Franchot, Kopp fight transfer of pension money

    The Baltimore Sun | by Michael Dresser | February 27, 2014

    Maryland State Treasurer Nancy K. Kopp and Comptroller Peter Franchot warned senators Wednesday that Gov. Martin O'Malley's proposal to divert $100 million a year from the state pension fund to next year's budget threatens the long-term health of the retirement system.

  • Headlines

    Study rates public pension overhauls in other states

    Sacramento Bee - State Worker | by Jon Ortiz | February 27, 2014

    Public pension-change efforts in states that have rolled back benefits share some common characteristics, according to a paper issued today by the influential Brookings Institution in Washington, D.C.

  • Headlines: New Jersey

    Christie proposes $34.4B budget, warns of looming pension costs | by Maddie Hanna and Andrew Seidman | February 26, 2014

    Touting "an era of fiscal restraint" while warning that soaring pension costs would demand changes, Gov. Christie on Tuesday proposed a $34.4 billion budget for next year without pitching the income-tax cut he has long sought.

  • Headlines: Kentucky

    Proposed state budget would divert $76 million away from cash-strapped student aid programs

    The Lexington Herald-Leader | by Linda B. Blackford | February 26, 2014

    Kentucky lawmakers diverted more than $100 million in lottery proceeds away from state financial aid programs for college students since 2009, and might take an additional $76 million over the next two years.

  • Headlines: Michigan

    In Detroit Bankruptcy, a Battle Over Speed

    The Wall Street Journal | by Matthew Dolan | February 26, 2014

    Days after Detroit filed its financial-reorganization plan in court, the city and its creditors are battling over how quickly the judge should move to resolve the nation's largest municipal bankruptcy case.

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