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Local Budgets

Police May Ignore '911' Calls If They Don't Get More Gas Money

Posted 01.01.2012 | Business

In one North Carolina town, some residents may not get an answer to their 911 calls because the police are running out of gas money. In a town cou...

Strapped Cities Hit Nonprofits With Fees

Wall Street Journal | Posted 05.25.2011 | Impact

Facing budget gaps and an aversion to new debt and taxes, states and local governments are slapping residents with an array of new fees--and some are ...

States Passing Budget Cuts Onto Local Governments

AP | DAVID A. LIEB | Posted 05.25.2011 | Politics

JEFFERSON CITY, Mo. — Confronted with severe revenue shortfalls, some states have found a convenient way of softening painful cutbacks and avoid...

Chistina Romer, Obama Economic Adviser, Urges Futher Moves To Boost The Economy

AP | Posted 05.25.2011 | Business

PARIS — It would be a mistake for the U.S. to rapidly wind down fiscal stimulus measures to bring down the deficit, one of President Barack Obam...

The Nexus and the Fiscal Crisis

Harry Moroz | Posted 05.25.2011 | Business
Harry Moroz

It is not the current recession that has put the fiscal condition of state governments at risk. The primary driver of these fiscal challenges is "the growth in health-related expenditures."