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State Fiscal Health: Pew/NCSL Summary

 

The National Conference of State Legislatures and the Pew Center on the States hosted a valuable webinar yesterday on the fiscal health of the states. Led by Barb Roscwicz, lead researcher for Pew’s Fiscal 50: State Trends and Analysis, the  webinar compared states’...

Government Pension Problems in the News

Two of the biggest stories in the past year involving state and local governments are the Illinois pension problem, with an estimated $100 billion unfunded liability, and the largest American city to ever declare bankruptcy, Detroit.  Both are in the news again today. ...

Detroit Bankruptcy: Uncharted Territory

As someone who lived and worked in Michigan in the past, the recent developments in which the City of Detroit filed the largest municipal bankruptcy in American history are not only historic but of significant personal interest. The process will be fascinating, especially...

Mid-Year State Budget Update

Over my morning coffee, the CNBC news ticker referenced a state budget report on improving revenues.  Upon arriving in the office, I found a Reuters article that referenced the Rockefeller Institute of Government study showing tax revenue growth of 9% for the first...

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