Hawaii governor’s administration seeks to add $334.7 million in spending
By Jim Dooley | Hawaii Reporter
HONOLULU – State departments want to expand the budget by some $334.7 million, Budget and Finance Director Kalbert Young said in the first of a series of money briefings to lawmakers planned for this week and next.
Young said new general fund requests from Gov. Neil Abercrombie’s administration total nearly $120 [...]
Report says states now in worse fiscal shape than earlier believed
By ANNE KNOWLES
A new report on the financial outlook for the nation’s states says Montana could reach a debt-driven “tipping point” in 2038.
The Fiscal Health of the U.S. States, a report by Jeffrey Miron with the Mercatus Center at George Mason University, says a more sober assessment of states’ pension funds liabilities as well as projected growth [...]
Calif. Gov. Jerry Brown debt gimmicks ‘balance’ budget
By WAYNE LUSVARDI
Most knowledgeable people realize that California’s debt emperor has no clothes. Even if the mainstream newspaper media continue to clothe the emperor in the robes of an all-wise Buddhist monk who has taken a vow of poverty.
The good news is that California is “drying out” from its addiction to Federal Stimulus monies, which [...]
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