S&P: Pension Costs Put Squeeze on States
- Illinois Lawmakers Advance Budget, But Pension Action Awaits. Shields, Yvette // Investment Management Mandate Pipeline;6/ 3/2013, p14
The article reports on the action of House and Senate Democratic leaders on the fiscal 2014 budget before the adjournment in June 2013. It also offers an overview of the House and Senate versions of the pension reform bill which allegedly were not voted upon, citing concerns of reduction in...
- Medicaid in the States: A PROACTIVE APPROACH. Hallahan, Thomas J. // ASHA Leader;7/22/2003, Vol. 8 Issue 13, p4
Reports on the growth of .the state Medicaid program in the U.S. Annual budget for the funding of the Medicaid program; Provision of vital information to state Medicaid agencies; Lack of adequate reimbursement for the fitting of hearing aids.
- Newest batch of reports show the states' budget pressures are easing. // State Health Watch;Feb2004, Vol. 11 Issue 2, p1
Focuses on the reports from the National Governors Association (NGA), National Association of State Budget Officers and the National Conference of State Legislatures (NCSL) which showed lesser pressures on state budgets in the U.S. at the end of 2003. Result of the November 2003 budget update...
- Report Finds Good News On State Budget Front. Johnston, Robert C. // Education Week;5/5/2004, Vol. 23 Issue 34, p30
Seven states are projecting a total deficit of $720 million by the close of the current fiscal year, finds a new report that highlights the dramatic turnaround in state budgets from this time last year, when 27 states faced a cumulative deficit of $21.5 billion. Due to austere spending policies...
- States: Despite Stronger Budgets, Officials Still Wary. // ENR: Engineering News-Record;1/1/2007, Vol. 258 Issue 1, p9
The article reports that despite state budgets got healthier in fiscal 2006 in the U.S., officials are keeping an eye on stresses from Medicaid, pensions and old infrastructure according to the National Governors Association and the National Association of State Budget Officers. Officials are...
- Gambling Hits the Jackpot in a Few States. // State Legislatures;Oct/Nov2003, Vol. 29 Issue 9, p4
Focuses on states in the U.S. that have authorized gambling to fill state budget shortfalls. Purpose of Oklahoma for authorizing lottery; Ways of some states in bringing in more money through legalized gambling; Estimated amount of money collected by Nevada and North Carolina from legalized...
- RAINY DAY FUNDS RUN FOR SHELTER. Bilem, Jamil // State Legislatures;Oct/Nov2003, Vol. 29 Issue 9, p20
Focuses on the rainy day funds, also called budget stabilization funds, of U.S. states. Impact of economic decline on state budget; Estimated budget of the states in 2000 and 2003; Differences in the states' rainy day funds.
- The Fiscal Crisis Continues. // Government Technology;Jan2004, Vol. 17 Issue 1, p22
Discusses the 2005 fiscal crisis of the U.S. States that will face budget shortfalls for 2005; Estimation of the budget deficit for 2005 and 2004 budgets; Measure adopted by states to close budget gaps; Decrease in real per-capita state spending.
- RESEARCH DIGEST. // Bond Buyer;1/25/2006, Vol. 355 Issue 32305, p7
This article presents information about new developments related to the field of public finance in the U.S. According to a UBS Financial Services report, the rapid growth of pension and other post-employment benefit costs are likely to reduce any positive effects municipalities would have got on...