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  • Headlines: Illinois

    State Lawmakers Continue 2015 Budget Talks

    CBS Chicago | May 29, 2014

    Illinois lawmakers continued to grapple with a new state budget, as Republicans ripped majority Democrats for spending beyond their means with a plan even Democrats acknowledge leaves "big unanswered questions" about the state's finances.

  • Headlines: Pennsylvania

    Bipartisan panel backs hybrid state pension plan

    Philly.com | by Amy Worden | May 29, 2014

    The bipartisan panel backed legislation to create a hybrid pension system for state and school employees, and Gov. Corbett said he would support it.

  • Headlines: New York

    Six-figure state pensions are on the rise

    The New York Post | by Pat Bailey | May 29, 2014

    The number of state employees collecting an annual pension of at least $100,000 jumped by 259 last year, according to a government watchdog says.

  • Headlines: New Jersey

    Blame Game on Pensions in New Jersey

    The Wall Street Journal | by Josh Dawsey And Heather Haddon | May 29, 2014

    Governors Disagree Over Reasons for State's Pension Troubles

  • Headlines: Florida

    Big money for the big top: America's Most Outrageous State Spending Proposals

    State Budget Solutions | by Joe Luppino-Esposito | May 29, 2014

    Florida legislators are clowning around with the state budget, allocating $1 million of the state budget to the Circus Arts Conservatory.

  • Headlines: Illinois

    State budget would put off tough decisions until after election

    The Chicago Tribune | by Ray Long, Monique Garcia and Maura Zurick | May 28, 2014

    Illinois Democrats rolled out a new state spending plan that puts off many tough decisions until after the November election by relying on a series of time-tested budget tricks.

  • Headlines: Arizona

    Phoenix ends pension spiking for police officers, firefighters

    AZCentral.com | by Dustin Gardiner | May 28, 2014

    Phoenix's new contracts with its employee unions will end the controversial practice of pension spiking for police officers and firefighters and cap it for other city workers, saving taxpayers an estimated $233 million over 25 years, according to a city report.

  • Headlines: New Jersey

    NJ state budget primer: It's more than you think

    The Daily Record | by Michael Symons | May 27, 2014

    In general, the bottom-line number that gets used - which for the 2015 state budget, starting in July, was trimmed nearly 5 percent last week to $32.7 billion - reflects state appropriations, meaning the spending the state controls through the taxes it collects for general purposes. Federal funds and dedicated funds, all of which are required to be used for a specific purpose or program, aren't included in that number.

  • Headlines: Virginia

    Va. officials plan for possible state shutdown

    Associated Press | by Alan Suderman | May 27, 2014

    Some local government officials in Virginia are starting to consider contingency plans for worst case scenarios as a budget impasse drags on toward a possible unprecedented state shutdown on July 1.

  • Headlines: Louisiana

    Louisiana Senate Committee undoes many House adjustments to the state budget

    NOLA.com | by Julia O'Donoghue | May 27, 2014

    The Louisiana Senate Finance Committee on Sunday afternoon reversed many of the adjustments made by their colleagues in the state House of Representatives to next year's proposed $25 billion state spending plan. The new budget is supposed to take effect July 1.

  • Headlines: South Carolina

    Competing state budget plans move toward finish line at S.C. General Assembly

    The Post & Courrier | by Jeremy Borden | May 27, 2014

    The S.C. House and Senate have passed versions of the state's $7 billion general fund budget plan, but much could change as the two bodies negotiate a final version to send to Gov. Nikki Haley, who will also have a chance to weigh in through vetoes.

  • Headlines: New Jersey

    Analysis: Christie Administration Eyes Shift to 'Hybrid' Pension System

    NJSpotlight.com | by Mark Magyar | May 27, 2014

    Treasurer cites Rhode Island's unique defined-benefit/defined-contribution pension plan as ‘interesting model.'

  • Headlines

    States Push Annual Park Passes to Raise Revenue

    Stateline | by Sandy Johnson | May 23, 2014

    As the Memorial Day holiday opens the 2014 summer vacation season, state parks have had to get creative about ways to raise money because budget officers are being chintzier with tax revenue.

  • Headlines: Massachusetts

    State Senate passes its version of budget plan

    The Boston Globe | May 23, 2014

    The Massachusetts Senate has approved a $36.2 billion state budget for the fiscal year that begins July 1 on a 39-1 roll call vote.

  • Headlines: Oklahoma

    Oklahoma House approves $7.1 billion state budget bill

    NewsOK.com | by Randy Ellis | May 23, 2014

    The state House of Representatives on Thursday approved a $7.1 billion state appropriations bill that allocates about $80 million in new revenue for common education and $37.1 million for pay raises to some of the state's must underpaid state employees.

  • Headlines: New Jersey

    Fitch Warns NJ Over Cuts to Pension Payments

    Fox Business | by Dunstan Prial | May 23, 2014

    Fitch Ratings said that New Jersey Gov. Chris Christie's plan to use money from the state's public pension system to help cover a gaping budget deficit would hurt the state's credit rating.

  • Headlines: Michigan

    $200 Million Could Curb Pension Cuts in Detroit

    The New York Times | by Monica Davey | May 23, 2014

    In a series of votes that could be critical for Detroit's emergence from bankruptcy, the Michigan State House on Thursday agreed to contribute nearly $200 million in state money for a deal to spare Detroit's retirees from larger pension cuts and to avoid selling artworks from the city's museum.

  • Headlines: Alabama, Mississippi

    Public pension systems in Alabama and Mississippi face financial peril

    Mississippi Watchdog | by Steve Wilson | May 22, 2014

    A new report on Alabama's public pension system offers some startling facts on the system's woes, but offers a prescription for reform that could be a blueprint for Mississippi's system.

  • Headlines: New Jersey

    Christie Stands Firm on Pension Plan

    The Wall Street Journal | by Josh Dawsey | May 22, 2014

    New Jersey Treasurer sees bleaker financial outlook for the state.

  • Headlines: Virginia

    State Budget Shutdown Deadline July 1st

    Newsplex.com | May 22, 2014

    On July 1st the two year state budget comes to an abrupt end. Delegate Rob Bell says if that deadline comes and goes, there is no precedent for what happens next.


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