Press & News

Inside Counsel: Financial Bigwigs Call for Municipal Bond Regulation

Posted on January 16th, 2014 · Posted in Press & News

The State Budget Crisis Task Force issued its final report on January 14, and part of it was devoted to urging more transparency in state and local levels of financial.. Read more

Wall St. Cheat Sheet: What’s to be Done About State Budget Issues?

Posted on January 15th, 2014 · Posted in Press & News

A nation as large as the United States is bound to have steep expenses; things like pensions and healthcare add up quickly. Unfortunately, state revenue isn’t keeping up with costs,.. Read more

PEW Center on the States: States Must Stop Fiscal Gimmicks and Address Liabilities: Report

Posted on January 15th, 2014 · Posted in Press & News

States must stop using one-year budget gimmicks and move to multi-year budgeting and mandatory “rainy day” funds in order to address growing liabilities such as Medicaid costs and pension funds,.. Read more

Businessweek: State Revenue Not Keeping Up with Costs, Report Says

Posted on January 15th, 2014 · Posted in Press & News

U.S. state revenue isn’t rising fast enough to keep up with the cost of funding pensions, health care and public works projects, underscoring financial strains that persist during the economic.. Read more

Chicago Tribune: State Revenue Fails to Keep Pace with Rising Costs, Report Says

Posted on January 14th, 2014 · Posted in Press & News

State revenue isn’t rising fast enough to keep up with the cost of funding pensions, health care and public works projects, underscoring financial strains that persist during the economic recovery,.. Read more

The Advocate: Study: U.S. States Need to Reform Budget Practices

Posted on January 14th, 2014 · Posted in Press & News

U.S. state governments face persistent financial challenges even as the improving economy has boosted tax revenue, a study says, highlighting the need for most states to reform their budgeting practices… Read more

13 ABC: States Need to Reform Budget Practices

Posted on January 14th, 2014 · Posted in Press & News

State budgets are being squeezed by rising pension and health care costs, federal spending cuts and overdue repairs and improvements to roads and bridges, the report says. To view the.. Read more

GlobalPost: Study: US States Face Funding Challenges, Need to Reform Budgeting Practices

Posted on January 14th, 2014 · Posted in Press & News

U.S. state governments face persistent financial challenges even as the improving economy has boosted tax revenue, a study says, highlighting the need for most states to reform their budgeting practices… Read more

Reuters: Volcker, Ravitch Want More Regulation of U.S. Muni Bond Market

Posted on January 14th, 2014 · Posted in Press & News

Two U.S. economic and policy heavyweights – former Federal Reserve Chairman Paul Volcker and former New York Lieutenant Governor Richard Ravitch – on Tuesday called for more stringent federal oversight.. Read more

The New York Times: Task Force Report Urges Municipalities to Stop Hiding Fiscal Troubles

Posted on January 14th, 2014 · Posted in Press & News

After years of painful service cuts and devastating bankruptcies, culminating in the financial collapse of Detroit, state and local governments are being urged to stop using budget gimmicks that obscure.. Read more