State Budget Deficits

Janell Ross

California, Maryland Governors Call for Permanent Tax Hike On Wealthy

HuffingtonPost.com | Janell Ross | Posted 01.24.2012

This week, a pair of governors called for something that just two years ago might have been politically untenable: permanent targeted state tax increa...

Alice Hines

The Tax Hike Both Parties Support

HuffingtonPost.com | Alice Hines | Posted 12.01.2011

State governments, pushed to the brink of default, may finally get their way in a battle with Amazon.com. At a congressional hearing Wednesday, repres...

State's Budgets: You Don't Know the Worst

Mark Muro | Posted 05.25.2011

Mark Muro

States need to make the sound policy decisions necessary to putting their fiscal house back in order, or prolong over many years a world of hurt.

New York's State Deficit Problem Solved: EBAY

Posted 05.25.2011

New York has the solution to the deficit problem: EBAY. The Daily News reported that the government made "$1.3 million last year by selling its unwan...

WATCH: Jon Stewart Rips Ridiculous State Budget Cutting Ideas

Posted 05.25.2011

Taking a break from the national budget crisis, Jon Stewart used a segment of "The Daily Show" this week to discuss some local budget woes. In the s...

Despite Tea Party Rhetoric, Many Cities Are Embracing Tax Hikes

AP | ROBIN HINDERY | Posted 05.25.2011

SACRAMENTO, Calif. — Forget all the talk about voters being fed up with high taxes: In hundreds of cities and counties across the country, they are ...

Social Security 'Under Greater Threat Now Than Under President Bush'

Christian Science Monitor | David R. Francis | Posted 05.25.2011

The Social Security system today faces a threat greater than the drive for partial privatization by George W. Bush....

States Desperately Need Financial Rescue, Nearly 1 Million Jobs Could Be Lost Across The Country

Washington Post | Michael A. Fletcher | Posted 05.25.2011

Nothing less than the nation's nascent economic recovery hangs in the balance. States say that if they do not find financial rescue they will have to ...

State Pensions Plans Face $1 TRILLION Shortfall: Pew Center

Posted 05.25.2011

HARRISBURG, Pa. ( BY MARK SCOLFORO, AP) -- States may be forced to reduce benefits, raise taxes or slash government services to address a $1 trillion ...