Maryland enacted changes to save billions of dollars on health care coverage for retired pubic employees. But a rollback of prescription drug benefits has led to a court challenge.
Low Federal Reserve interest rates are a concern as well when it comes to how the nation will respond to the next recession.
The National Conference of State Legislatures is asking leaders on Capitol Hill to refrain from legislating around the recent South Dakota v. Wayfair, Inc. Supreme Court decision.
Pennsylvania state Rep. Seth Grove is pushing for consensus budget forecasting.
An Important Pension Lesson: Why You Shouldn’t Use ‘Discount Rate’ and ‘Investment Rate’ Interchangeably
COMMENTARY | New Jersey’s former state comptroller and budget director discusses why pension rules for the discount rate are confusing, not comparable and troubling.
New research shows that some states have improved their ability to cope with a recession. Others remain less prepared.
Many states are looking at how they can tax more online sales. But for states that don't collect sales tax, the issue is different.
That's according to the latest National League of Cities fiscal conditions report.
Oil and gas production increased by nearly half in New Mexico over the past year, 29 percent in Texas and Colorado, and 19 percent in North Dakota and Oklahoma, according to federal figures as of June.
Some state and local government leaders have chafed at the cap on the so-called SALT deduction.
COMMENTARY | County officials say that "payments in lieu of taxes" are necessary for providing key services, including fighting wildfires.
Several states started to allow sports betting after the U.S. Supreme Court's decision overturning a federal ban. More are expected to follow.
Two senators are working on a proposal meant to get local governments in logging country off a funding "rollercoaster."
New research shows public educators face a growing “compensation penalty.”
Four states have passed financial packages to help bolster nuclear plants.
A new Moody’s report shows that a combination of reconstruction, continued population growth and federal assistance have helped.
Total rainy-day balances have improved since their low point but still have fallen short of pre-recession levels.
Regional colleges and universities may be harder hit financially by an enrollment decline, because they don’t have other sources of revenue—such as multibillion-dollar endowments—to cushion the blow.
The U.S. Treasury Department and IRS released their highly anticipated regulatory proposal on Thursday.
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