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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 45-55
  • 401(k) withdrawals can be made without penalty

    401(k) withdrawals can be made without penalty
    Question: I retired from Lockheed Martin this year, I am older than 55 but younger than 59 1/2. Can I make withdrawals from my 401(k) that are not equal periodic payments without paying a 10 percent penalty? — J. V., Orlando ƒz Answer: You can avoid...
  • Council fights to save redevelopment money

    CITY HALL — The City Council acted quickly Friday to protect local redevelopment revenue from being rerouted to Sacramento as part of Gov. Jerry Brown's budget proposal. Faced with another massive state budget deficit, Brown's budget proposes to...
  • Malloy To Offer No-Increase Budget

    Malloy To Offer No-Increase Budget
    HARTFORD — Gov. Dannel P. Malloy said Tuesday that the state budget he unveils next month will fully fund state pensions and not rely on borrowing money to pay operating expenses — two departures from recent years. He also said he would steer...
  • Readers talk tax money, veterans issues and columnist confusion

    Readers talk tax money, veterans issues and columnist confusion
    It's time to hear what you guys have to say — about everything from big payouts at the Sanford airport to shoddy treatment of veterans. Plus, we have an abundance of strange and funny notes from confused readers. Mr. Maxwell: I want to ask you...
  • Assembly fails to pass tax bill, adopts 'Doomsday' budget

    Assembly fails to pass tax bill, adopts 'Doomsday' budget
    The Maryland General Assembly's regular 90-day session ended in disarray Monday at midnight as legislators failed to approve an income tax measure to which their leaders had agreed. The lack of action meant that a so-called "doomsday" budget —...
  • A tough budget

    A tough budget
    Gov. Martin O'Malley today submitted what is likely to be among the most controversial budget proposals in his two terms in office. Faced with a $1 billion gap between projected spending and revenues, and committed to a goal of finding real solutions to...
  • Malloy Makes Budget Cuts To Close Gap

    With tax collections lagging and the state teetering on a deficit, Gov.  Dannel P. Malloy  is enacting more than $78 million in budget cuts to keep the state in the black. The cuts, known at the state Capitol as rescissions, are hitting virtually every...
  • With Tax Increases Kicking In, State Budget Surplus Projected At $101 Million

    With Tax Increases Kicking In, State Budget Surplus Projected At $101 Million
    With the largest tax increase in Connecticut history kicking in, the state is projected to generate a surplus of more than $100 million in the current fiscal year - finally pushing the state into the black. While the number might seem surprising after...
  • Maryland spending growth tops in the region? Not really.

    Maryland spending growth tops in the region? Not really.
    Maryland Business for Responsive Government this week slammed the state government for its profligacy based on a new report from the National Governors Association and the National Association of State Budget Officers showing Maryland has the largest...
  • Digging a pension hole

    Digging a pension hole
    Illinois' pension system was in precarious enough shape in 1994 that Democrats and Republicans came together to solve a crisis threatening the state's financial future. The agreement they forged was supposed to take politics out of pension funding by...
  • New OFA Projection Puts Budget Deficit At $144.5 Million

    In more bad financial news for the state, the legislature's nonpartisan fiscal office now says the state budget deficit has grown to a projected $144.5 million. The Office of Fiscal Analysis released new numbers Wednesday night that say the state is...