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  • Headlines: Maine

    State budget panel approves $50 million package of jobs, water bonds

    The Bangor Daily News | by Mario Moretto | April 17, 2014

    Maine voters could be asked to approve $50 million worth of bonds at the ballot box this November, if all the proposals by state leaders from both parties survive upcoming votes in the Legislature.

  • Headlines: Washington

    State budget is only balanced on paper

    The News Tribune | by Jordan Schrader | April 17, 2014

    A new budget outlook projects the state to be in the black at that point by a bare $19.5 million, in a projected budget of more than $36 billion.

  • Headlines: New Jersey

    Christie 'will force' legislators to address state pensions

    BenefitsPro | by Lisa Barron | April 17, 2014

    New Jersey Governor Chris Christie told a town hall meeting that the state's public pension system is unsustainable and that he plans to force legislators to tackle the issue during his last term.

  • Headlines: North Carolina

    Nation's Seventh Largest State Pension Can't Afford Financial Audit

    Forbes | by Edward "Ted" Siedle | April 17, 2014

    It's hard to believe that there are no audited financial statements for the North Carolina state pension, the seventh largest public fund in the nation with $87 billion in assets.

  • Headlines

    State government dependence on federal funding growing at alarming rate

    The Washington Examiner | by David Freddoso | April 15, 2014

    Only 11 states depended on the federal government for more than one-third of their total revenues in 2001. By 2012, 24 states found themselves in this situation. SBS partnered with the Washington Examiner partnered to expose this trend of increased state dependency.

  • Headlines: New York

    NY gets federal OK to reinvest $8B in Medicaid savings

    The Albany Times Union | by Claire Hughes | April 15, 2014

    The long-awaited waiver is $2 billion short of what the state had asked for in 2012.

  • Headlines

    Pace of pension reform ebbs after 49 states change laws

    Hazel Bradford | by Pensions & Investments | April 15, 2014

    While the sense of urgency has diminished, reform attempts have become a legislative staple, as public retirement systems continue to grapple with unfunded liabilities and political pressure to change.

  • Headlines: Rhode Island

    Raimondo: Losing pension case would be catastrophe

    Boston.com | April 15, 2014

    General Treasurer Gina Raimondo said Monday that it would be catastrophic for Rhode Island to lose the legal challenge over the state's pension overhaul but that she has a ‘‘high degree of confidence'' that won't happen.

  • Headlines: Louisiana

    Louisiana state budget discussed by public

    The Times Picayune | April 14, 2014

    The Appropriations Committee held public testimony day, letting people talk about what they like or don't like about Gov. Bobby Jindal's budget recommendations for the 2014-15 fiscal year that begins July 1.

  • Headlines: Hawaii

    Lawmakers to sort out state budget this week

    KITV Honolulu | April 14, 2014

    After the state revised its revenue projections, the Senate made cuts to what the governor and House proposed.

  • Headlines: Alaska

    Governor's plan to address pension obligation gets municipal support

    The Anchorage Daily News | by Becky Bohrer | April 14, 2014

    Under the plan, about $1.9 billion would go to the public employees' system and the rest to the teachers' retirement system.

  • Headlines: Florida

    House and Senate not in sync on state pension reform

    The Gainesville Sun | by Lloyd Dunkelberger | April 14, 2014

    House Speaker Will Weatherford said the changes, which will not directly impact current public employees, are needed to reduce the state's long-term costs for the retirement system.

  • Headlines: Rhode Island

    RI pension case will go forward in court; mediation fails

    The Providence Journal | by Randal Edgar | April 11, 2014

    In a joint statement, Governor Chafee and state General Treasurer Gina Raimondo said that while they there was a strong effort to reach a mediated settlement, the rejection of that settlement "by a small group of union members" means the process "has failed and the mediation process has ended."

  • Headlines: California

    Judge's decision could safeguard billions for state budget

    The Los Angeles Times | by Chris Megerian | April 11, 2014

    A Superior Court judge in Sacramento upheld the state's push to recoup $20 million from Brentwood, part of Brown's effort to collect money from defunct redevelopment agencies.

  • Headlines: Tennessee

    Tennessee House passes budget without state raises

    The Tennessean | by Chas Sisk | April 11, 2014

    The Tennessee House of Representatives approved the state's $32 billion budget Thursday afternoon, without once-promised raises for teachers and other state workers.

  • Headlines: Arizona

    State budget returns to unsustainable deficits

    The Arizona Republic | by Robert Robb | April 11, 2014

    The spending lobby had the usual complaints about what the recently adopted state budget doesn't fund. The real news, however, is that the spending that was approved probably puts the state back into the position of having an unsustainable structural deficit.

  • Headlines: Massachusetts

    Massachusetts House releases $36.2B state budget

    Boston.com | by Steve LeBlanc | April 10, 2014

    House Ways and Means Chairman Brian Dempsey said the proposal is about 5 percent higher than the estimated spending in the current fiscal year and $191 million less than the Gov. Deval Patrick's proposed 2015 fiscal year budget.

  • Headlines: Ohio

    Provisions on higher education in state budget review pass Ohio House

    The Cleveland Plain Dealer | by Sam Howard | April 10, 2014

    Provisions in House Bill 484 would make funding for state community, community and technical colleges incentivized based on student success. Rep. Cliff Rosenberger said the bill would help Ohio lead the nation in tying funding to academic performance.

  • Headlines: Rhode Island

    Rhode Island is considering options on pension deal, Chafee says

    The Boston Globe | April 10, 2014

    Governor Lincoln Chafee said Rhode Island is considering various options on how to proceed with lawsuits brought over the state's landmark pension overhaul, after a proposed deal was rejected by members of police unions.

  • Headlines

    Rebounding economy fills state coffers with record tax revenues

    Washington Post - GovBeat | by Reid Wilson | April 10, 2014

    State governments collected more than $846 billion in tax revenue in the last fiscal year, the highest amount ever reported, as a rebounding economy boosted coffers hit hard by the recession.


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