LexisNexis® Legal Newsroom
State Net Capitol Journal – June 8, 2015; New Rules Could Swell States' Unfunded Liabilities

Budget & Taxes New Rules Could Swell States' Unfunded Liabilities According to a report last year from bond-rating company Standard & Poor’s, states have $529.8 billion in unfunded liabilities for health care and other benefits separate from pensions. But that figure could go...

State Net Capitol Journal – August 24, 2015; Breakthrough on North Carolina Budget

Budget & Taxes Breakthrough on NC Budget North Carolina Gov. Pat McCrory (R) and legislative leaders have finally agreed to spend $21.74 billion this fiscal year. The state has been operating without a budget - running on continuing resolutions instead - since the new fiscal year began on July...

State Net Capitol Journal – February 22, 2016; Oil Price Collapse Pressures State Budgets

Budget & Taxes Oil Price Collapse Pressures State Budgets The collapse of oil prices is taking a toll on energy-producing states. As job losses mount in the nation’s oil patch, depressed oil and commodity prices are having a ripple effect on state budgets. As many as a dozen states...