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State Budgets

A collection of news and information related to State Budgets published by this site and its partners.

Top State Budgets Articles

Displaying items 1-11
  • Democrat John Chiang elected California treasurer, AP reports

    Democrat John Chiang has won the contest for California treasurer, defeating Republican Greg Conlon. The treasurer is responsible for managing the state's debt, such as selling bonds that fund major projects.  The campaign was one of the quietest...
  • Proposition 1, a water bond measure, passes

    Proposition 1 has passed, AP reports. It authorizes state officials to borrow $7.12 billion and repurpose $425 million in bonds approved earlier to pay for new water projects. The measure includes $2.7 billion for storage projects, such as dams; $800...
  • Californians OK Proposition 2, on rainy day fund

    Proposition 2, to strengthen California's rainy day fund, has passed, AP reports. A constitutional amendment with bipartisan support, the measure was placed on the ballot by the Legislature and Gov. Jerry Brown. Under the measure, state officials will...
  • Hollywood's new financiers make deals with state tax credits

    Hollywood's new financiers make deals with state tax credits
    ATLANTA — Ric Reitz makes movies. He helped bankroll the Matt Damon thriller "Contagion," Clint Eastwood's "Trouble With the Curve" and the Robert Downey comedy "Due Date." Reitz, an energetic 58-year-old, doesn't hang out at the Polo Lounge, red-...
  • Tax system desperately needs retooling

    Tax system desperately needs retooling
    SACRAMENTO—Gov. Jerry Brown's proposed rainy-day reserve is better than nothing, but it falls far short of what the state really needs to fix its cockeyed tax system. The governor is attempting to treat the symptoms of revenue instability rather...
  • Malloy Forced To Shift From Rebate To Reality

    The end of the legislative session has featured an unusual amount of gear-shifting by the state's leading policy-makers. The most notable came last week when reality forced Gov. Dannel P. Malloy to abandon his $55-a-person income tax refund under pressure...
  • Keep tax hike or face stark cuts, Quinn says

    Keep tax hike or face stark cuts, Quinn says
    Gov. Pat Quinn and ruling Democratic lawmakers united Wednesday around what they say is a stark election-year choice — vote now to make permanent the temporary income tax increase they installed three years ago or face major cuts in state spending...
  • The $431 million payoff [Editorial]

    The $431 million payoff  [Editorial]
    The number of jobs in Maryland decreased by 9,800 in January. The statewide unemployment rate remains high at around 6 percent (compared to 3.6 percent at the start of 2008), and projected state tax revenues have recently been adjusted downward by $238...
  • Business as usual for Jerry Brown the day after primary victory

    The morning after taking a major step toward an unprecedented fourth term, Gov. Jerry Brown held no public events, nor did he rally with other Democratic candidates before a bank of cameras. Instead, Brown went to his office Wednesday morning and worked...
  • Should states restore recession cuts? Four arguments for and against

    Does spending less money on state government stimulate the economy? That’s a question raised in a Los Angeles Times story Friday about states that have not restored budget cuts made during the belt-tightening of the recession. The story focuses on...
  • Consumer advocates shifting focus to foreclosure's aftermath

    Consumer advocates shifting focus to foreclosure's aftermath
    The General Assembly will consider a handful of bills related to the mortgage crisis, but unlike in previous years, many focus on what happens to borrowers after foreclosure. The bills — most of which would limit the risks of debt that can linger...