Line-Item Veto Expected
- California expected to approve budget deal. Marois, Michael B. // Bond Buyer;08/11/97, Vol. 321 Issue 30206, p2
Reports on the consequences of a budget deal in California following a deadlock on how to spend the state's surplus. Signing over by Governor Pete Wilson of the surplus to the state's retirement fund; Absence in the deal of relief for fiscally strained cities; Effect of the deadlock on the...
- Economist fears downgrading of UK credit rating. Phillips, Lucy // Public Finance;3/19/2010, p7
The article reports on the risks of receiving a downgraded credit rating due to the inability of the government to manage the public deficit in Great Britain.
- Staggering Indiana Steel Town Hit With Downgrade to Junk Bond Status. Carvlin, Elizabeth // Bond Buyer;10/19/2001, Vol. 338 Issue 31247, p4
Focuses on the downgrading of the issuer credit rating of East Chicago by Standard and Poor in Indiana. Influence of LTV Corp. and Ispat Inland Inc. on the economic condition of the city; Impact of LTV bankruptcy filings on city finances; Details on the general fund deficit of the city at the...
- Deficit Continues to Hound Tennessee as S&P Puts Debt on CreditWatch. DeSue, Tedra // Bond Buyer;05/08/2000, Vol. 332 Issue 30886, p6
Reports that Tennessee lawmakers may be risking the state's triple-A credit rating by failing to come up with a permanent fix to its budget deficit. Failure to place the bonds on CreditWatch; State's use of Band-Aid methods to balance its budget.
- California's ratings not yet affected by delayed budget. Marois, Michael B. // Bond Buyer;07/03/97, Vol. 321 Issue 30180, p1
Reports that California's credit ratings are not affected despite its failure to meet the deadline for adopting a budget. Budget proposed by Governor Pete Wilson for fiscal 1997-98; Negotiations between the governor and the legislature over the state's spending plan; Other states procrastinating...
- Raters confident D.C. will avoid fiscal 2000 deficit. Vadum, Matthew // Bond Buyer;01/10/2000, Vol. 331 Issue 30804, p4
Focuses on favorable credit ratings for Washington, D.C. in the year 2000 brought by its capacity to avoid a fiscal budget deficit. Details of projected financial health of the city; Departmental shortfalls which are possible causes of a fiscal deficit.
- S & P Drops Coral Gables, Fla., to AA-Plus, Ending 5 Triple-A Years. Sigo, Shelly // Bond Buyer;12/29/2003, Vol. 346 Issue 31789, p4
Reports that the Standard & Poor has lowered the issuer credit rating on Coral Gables, Florida. Reduction of the level of general fund balance reserves and budgetary practices; Corporate profile of Coral Gables; Assessment of financial position.
- RISK SUMMARY: CAMBODIA. // Asia Monitor: South East Asia Monitor Volume 1;Jan2012, Vol. 23 Issue 1, p6
The article presents an overview of the political, economic, and business environment risks in Cambodia in which the country's 2012 budget was passed through the National Assembly amid boycott and the sovereign credit rating was downgraded to B.
- Budget Impasse Comes as No Surprise. Bell, Rick // San Diego Business Journal;7/07/2003, Vol. 24 Issue 27, p42
Editorial. Comments on the budget deficit faced by state lawmakers in California. Consequences of failing to meet budget deadline; Credit rating of the state; Impact of partisan politics on the government.