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    State Net Capitol Journal – October 22, 2012

    Budget & Taxes TAX DODGERS DOGGING CA: California's budget is so in the red that Gov. Jerry Brown (D) has placed a multi-billion tax measure on the state's November ballot to try to avoid having to make deep cuts to education and public...

    State Net Capitol Journal – April 2, 2012

    Budget & Taxes PENSION SANCTITY MAY BE TESTED IN CA BANKRUPTCY: Financially troubled Stockton, California is currently in mediation with its creditors to determine whether it will file for Chapter 9 bankruptcy. The bankruptcy process is typically...

    State Net Capitol Journal – March 5th, 2012

    Budget & Taxes STATES DIVERTING FORECLOSURE SETTLEMENT MONEY: Last month, the nation's five largest mortgage lenders signed a $25 billion settlement with the attorneys general of 49 states addressing loan servicing abuses that contributed to...

    State Net Capitol Journal – September 3, 2012

    Budget & Taxes LA LOOKING TO COLLECT ON OUTSTANDING DEBTS: The government of Louisiana is owed more than $1.5 billion by businesses, municipalities and others. And last month, a trio of financial experts offered the state advice on how it should...

    State Net Capitol Journal – August 6, 2012

    Budget & Taxes CA STATE PARK DONORS CRY FOUL: Last month California officials revealed that the state Department of Parks and Recreation had stashed away $54 million it had not reported to the state Department of Finance. The news came as quite...

    State Net Capitol Journal – May 14, 2012

    Budget & Taxes STATES' FISCAL HEALTH CONTINUING TO IMPROVE: State fiscal conditions are continuing their slow and mostly steady improvement, according to the National Conference of State Legislatures' Spring 2012 budget update. For the...

    State Net Capitol Journal – July 9, 2012

    Budget & Taxes AMERICA'S ON-SHORE CORPORATE TAX HAVEN: The unassuming office building located at 1209 North Orange Street in Wilmington, Delaware may not look like it, with its faded awning and parking garage view, but it's home to some...

    Budget & Taxes – State Net, August 1st, 2011

    STATES SHIFTING VETS' MEDICAID COSTS: Several years ago, the state of Washington came up with a clever idea to save money on Medicaid: shift veterans from its Medicaid rolls to the U.S. Department of Veterans Affairs'. Using a federal...

    State Net Capitol Journal – August 13, 2012

    Budget & Taxes STATE BUDGETS STILL IMPROVING BUT NOT YET SECURE: Year-end balances are on the rise. Revenues are returning to pre-recession levels. Spending is in line with budget projections. That's what state legislative fiscal directors...

    Budget & Taxes – State Net, March 14, 2011

    HIGH SPEED RAIL DEAD IN FL - FOR NOW: Last week, FLORIDA Gov. Rick Scott (R) got his way on his effort to kill high-speed rail in the state. Scott formally declared last month that he was rejecting the $2.4 billion in federal funding for a high-speed...

    State Net Capitol Journal – August 20, 2012

    Budget & Taxes MA LEADS WAY AGAIN ON HEALTH REFORM: Massachusetts' 2006 health care reform law - upon which the federal Affordable Care Act was patterned - has arguably achieved its primary aim of reducing the number of residents without...

    State Net Capitol Journal – July 23, 2012

    Budget & Taxes CA'S 'CHARTER CITIES' BANKRUPTCY PRONE? The last three major California cities to file for bankruptcy or announce plans to do so - including Stockton last month and San Bernardino two weeks ago - have something in...

    Budget & Taxes – State Net, March 7, 2011

    INTERNET GAMBLING PUSH SHIFTS TO STATES: New Jersey Gov. Chris Christie (R) vetoed a measure last week (SB 490) that would have made his state the first in the country to legalize online gambling. The governor cited "significant concerns"...

    State Net Capitol Journal – June 11, 2012

    Budget & Taxes NC AGENCY LIFELINE FOR LOCAL GOVERNMENTS: North Carolina has the fourth highest state unemployment rate in the nation, according to the Bureau of Labor Statistics' April rankings. But unlike other states with job markets that...

    Budget & Taxes – State Net, April 18th, 2011

    FIVE BIG STATES PURSUING FIVE DIFFERENT BUDGET FIXES: The country's five most populous states - California, Florida, Illinois, New York and Texas - collectively account for about a third of total state spending nationwide, according to a report...

    Budget & Taxes – State Net, May 16th, 2011

    GOP PUSHING FOR RIGHT-TO-WORK: A legislative season marked by efforts to curb union power is nearing its end in many states, but possibly not before further restrictions are imposed. So-called right-to-work bills that would allow workers to...

    State Net Capitol Journal – October 1, 2012

    Budget & Taxes NATION NEARING SEQUESTRATION CLIFF: The automatic federal budget cuts that were part of the 11th-hour debt-ceiling deal Congress reached in August of last year - cuts no one really wants - are set to take effect in a few months...

    State Net Capitol Journal -- February 20th, 2012

    Budget & Taxes SODA TAXES FIZZLE: Two years ago, when concern over obesity, especially among children, had states from California to New York debating excise taxes on soft drinks, it appeared as though they might become the new sin taxes of choice...

    State Net Capitol Journal – October 15, 2012

    Budget & Taxes HARRISBURG HEARINGS REVEAL FISCAL PROBLEMS BUT NOT CONSENSUS: Six hours of testimony this month failed to produce any consensus on what caused the financial crisis that has gripped Pennsylvania's capital city. But the first...

    State Net Capitol Journal – June 18, 2012

    Budget & Taxes STATES' MEDICAID COSTS RISING FASTER THAN SPENDING: The National Association of Budget Officers (NASBO) and National Governors Association's (NGA) most recent survey of state fiscal health is not particularly encouraging...

    State Net Capitol Journal -- December 20, 2011

    Budget & taxes NY RAISES TOP TAX RATE: This month New York Gov. Andrew Cuomo (D) agreed to do what he had repeatedly said he would not: raise taxes on his state's highest earners. Under the agreement passed by the Legislature, those making over...

    State Net Capitol Journal -- January 9th, 2012

    Budget & taxes STATES SEEKING BIGGER PENSION FUND RETURNS: Over the past few years, states have been cutting pension benefits for public workers in an effort to get a handle on unfunded pension liabilities estimated at between $1.26 trillion...

    Budget & Taxes – State Net, June 6th, 2011

    PROSTITUTION FALLS SHORT OF LEGITIMACY IN NV: Nevada is the only state where prostitution is legal. But its relationship with the industry isn't entirely cozy. For one thing, prostitution is illegal in Las Vegas and Reno. For another, the state...

    State Net Capitol Journal – March 12th, 2012

    c Budget & Taxes FL JUDGE SIDES AGAINST STATE IN PENSION CASE: A Florida circuit court ruled last week that Gov. Rick Scott (R) and Republican legislative leaders' decision last year to cut public employee salaries to offset the state's...

    State Net Capitol Journal – July 16, 2012

    Budget & Taxes POLITICAL DIVIDE ON ECONOMIC RECOVERY: States finally emerging from the long economic downturn are now faced with the dilemma of deciding the best way to facilitate their recovery. Two states in particular are taking approaches...