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  • Headlines: Arizona

    Arizona House rejects bill limiting total state pensions to $120,000

    The Republic | April 23, 2014

    The Arizona House has rejected a bill that would have limited the size of state pensions for people hired after this summer.

  • Headlines: Virginia

    Lawmakers return for veto session with budget at standstill

    The Richmond Times-Dispatch | by Jim Nolan | April 22, 2014

    Lawmakers return to Richmond Wednesday to consider Governor Terry McAuliffe's vetoes and amendments with the most important piece of legislation -- the budget -- still unresolved, and unlikely to shift from its partisan standoff.

  • Headlines: Delaware

    Delaware budget writers look for ways to plug shortfall

    Newsworks.org | April 22, 2014

    The Delaware Office of Management and Budget is trying to plug the state's projected fiscal year 2014 revenue shortfall with money that has not been used by other departments.

  • Headlines

    Lawmakers Jockey Over Budget Surpluses

    Stateline | by Elaine S. Povich | April 22, 2014

    According to NASBO, Kentucky and many other states have put the emphasis on restoring funding to education this year. A still incomplete survey of states showed that the vast majority are increasing elementary and secondary education funding, along with transportation and infrastructure.

  • Headlines: Kansas

    Medicaid expansion in Kansas on hold until at least 2015

    Washington Post - GovBeat | by Niraj Chokshi | April 21, 2014

    If Kansas opts to expand Medicaid, it won’t happen until at least next year.

  • Headlines: New York

    DiNapoli: Some good, some bad in state budget

    The Rochester Democrat & Chronicle | by Joseph Spector | April 21, 2014

    New York state ended last fiscal year in its best financial position in years, but the state will rely on borrowing, one-shot revenue and uncertain funding to do it, a report Monday from state Comptroller Thomas DiNapoli found.

  • Headlines: Maine

    Maine Lawmakers working to balance state budget

    NewsMaine.net | by Hunter Hackney | April 21, 2014

    Lawmakers in Maine have united on the issue of a new budget aiming to bring the state budget into balance amid much debate relating to medicaid expansion, tax policy and labour laws.

  • Alaska

    Senate passes new approach to pension obligation

    The Anchorage Daily News | by Becky Bohrer | April 21, 2014

    The Alaska Senate unanimously passed legislation setting out a new approach for addressing the state's pension obligation Saturday, less than three hours after the plan emerged from the Senate Finance Committee.

  • Headlines: Michigan

    House appropriations committee signs off on $36 billion state budget

    The Detroit Free Press | by Kathleen Gray | April 18, 2014

    The first action taken by the House Appropriations committee as it considered the state's $36.3 billion budget for the 2014-15 fiscal year, was to add $110 million to the Department of Community Health budget to fix a shortfall in Health Insurance Claims Assessment Medicaid reimbursement payments.

  • Headlines: Connecticut

    GOP: Cut state budget by $55M, stop 'gimmicks'

    CTPost.com | by Ken Dixon | April 18, 2014

    Republicans unveiled their alternative budget Thursday, offering to cut $55 million from the bottom line of majority Democrats while increasing municipal aid, reducing taxes on pensions and eliminating the state's Earned Income Tax Credit program.

  • Headlines: Missouri

    Missouri income tax cut goes to Nixon, with veto likely

    StLToday.com | by Virginia Young | April 18, 2014

    The Republican-led Missouri House set up a showdown with Gov. Jay Nixon over tax policy, sending him a bill cutting income taxes by $620 million and predicting a quick override if he vetoes it.

  • Headlines: Alaska

    House Approves $3 Billion Transfer To Pension System

    Alaska Public Radio | by Alexandra Gutierrez | April 18, 2014

    The bill uses $3 billion from the state's reserve funds to help pay off the $12 billion unfunded liability. It also directs the Legislature to put $500 million into the retirement system every year, until the obligation is paid off.

  • Headlines

    Rich States, Poor States

    ALEC | by Arthur B. Laffer, Stephen Moore and Jonathan Williams | April 15, 2014

    Using years of economic data and empirical evidence from each state, the authors identify which policies can lead a state to economic prosperity. Rich States, Poor States not only identifies these policies but also makes sound research-based conclusions about which states are poised to achieve greater economic prosperity and those that are stuck on the path to a lackluster economy.

  • 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.


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