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Articles from newspapers and websites around the nation

  • 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.

  • Headlines: Illinois

    Votes not there yet on extending state tax hike

    Crain's Chicago Business | May 22, 2014

    Illinois Gov. Pat Quinn tried yesterday to persuade House Democrats to extend the state's temporary income tax increase to avoid what he says would be "savage" budget cuts, but he emerged from a roughly three-hour meeting with lawmakers still well short of the votes he needs for approval.

  • Headlines: Oklahoma

    Oklahoma Senate approves $7.1B state budget bill

    Businessweek | by Sean Murphy | May 21, 2014

    The bill would appropriate about $102 million less than the current budget, but would still boost funding for public schools by $80 million.

  • Headlines: Louisiana

    Proposal seeks to plug holes in state budget

    The Shreveport Times | by Mike Hasten | May 21, 2014

    Spending needs have changed since Louisiana's 2013-14 budget was adopted a year ago, leaving holes in the plan, and some things ended up being overfunded, providing money to plug those holes.

  • Headlines: Massachusetts

    Massachusetts tax collections beat estimates, state budget 'in good shape,' Deval Patrick's finance director says

    MassLive.com | May 21, 2014

    Gov. Deval Patrick's proposed fiscal 2015 budget totals $36.37 billion, a 4.9 percent increase in spending.

  • Headlines: New Jersey

    Chris Christie to reduce pension payments to balance NJ budget

    NJ.com | by Salvador Rizzo | May 21, 2014

    In a stunning reversal, Gov. Chris Christie today announced plans to grab, over two years, $2.43 billion meant for public workers' pensions to balance New Jersey's ailing state budget.

  • Headlines: Florida

    Scott receives state budget, but most bills haven't reached desk

    The Tampa Bay Times | by Steve Bousquet | May 20, 2014

    A light touch will be welcomed by lawmakers but not by fiscal conservatives.


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