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In Report on States’ Finances, a Grim Long-Term Forecast

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O'Malley in Maryland and Brownback in Kansas- divergent approaches by U.S. state governors in the budget crisis 2010-2013

07/10/2012

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Cut Taxes or Restore Services? Maryland and Kansas Differ on Path

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In Report on States’ Finances, a Grim Long-Term Forecast

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Cuts in state budgets in the U.S. after Republicans take over governorships and legislatures in many states.

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Recession-bruised states' revenue sank 30 percent in 2009, Census Bureau reports

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Florida Governor Hits Road to Sell His Budget Overhaul

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Governors Chop Spending

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Parrying the Big Cuts

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Developing bankruptcy and other options for states with severe debt problems in the U.S.

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Senator Cronyn raises the question about developing options for restructuring of finances if states have no other option. Budget deficits of many states in the US are expected to be severe enough to require some mechanism for resolution.

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States face bleak economic forecast, report says - The Washington Post

Washington Post 11/29/2011

Report Details Threats to States' Fiscal Health

Wall Street Journal 07/18/2012

In Report on States’ Finances, a Grim Long-Term Forecast

New York Times 07/17/2012

Efforts to fix the budget deficits in U.S. states: 2010-2012

01/05/2011

Some of the worst budget deficits are in Illinois, California and New Jersey, with other states not far behind.

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California’s New Problem: Too Much Money

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Brown Set for Victory in California Budget Fight

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Illinois Deficit Leads to Talk of Big Tax Increase

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How to Revive the California Dream

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Chris Christie: The conservative crush

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Illinois Braces for Tax Increases

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Funding the budget and pension deficit in the U.S state of Illinois

10/16/2010

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Pension Pinch Busts City Budgets

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Illinois Pension Fix Faces Political Test

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Illinois Legislature Approves Retiree Benefit Cuts in Troubled Pension System

New York Times 12/03/2013

American states' pension funds: A gold-plated burden

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Chicago Mayor Seeks Alterations to Repair Badly Underfunded Pension Plan

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For Some Bond Investors, Chicago Isn’t Their Kind of Town

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Italy's culture of tax evasion and the cost to the economy

11/25/2011

One estimate of the loss to the Italian Treasury from tax evasion- through underreporting of income from plumbers to real estate agents and large property owners and other forms of tax evasion- is $340 billion. With the deepening economic crisis the sense of what this is costing the country is beginning to sink in. About 73% of Italians now support the fight against tax evasion being led by the new government of Mario Monti, the former European commissioner. The loss is not only to the Treasury and ability to balance the budget without deficits, this also burdens companies and reduces capital needed for investments in plant, new equipment, and R&D, which create jobs.

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Amid crisis, Italy confronts a culture of tax evasion - The Washington Post

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Italy Plan Opens Pivotal Week for Euro

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Italy Tries to Raise the Social Stigma on Tax Evasion

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Italy’s uphill financial fight - The Washington Post

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Deepening Crisis Over Euro Pits Leader Against Leader

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Public sector unions and state budget deficits in the U.S.

01/04/2009

Public-worker unions are preparing to fend off cuts in benefits by newly elected Republican governors in the U.S..

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Concessions Foreshadow a Tough Year for Unions

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The public sector unions: The battle ahead

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Public-sector workers: (Government) workers of the world unite!

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Wisconsin May Take an Ax to State Workers’ Benefits and Their Unions

New York Times 02/11/2011

Public-Worker Unions Steel for Budget Fights

Wall Street Journal 02/14/2011

Public Workers in Wisconsin Protest Plan to Cut Benefits

New York Times 02/16/2011

Spending cuts in the U.S. state of Ohio to reduce the budget deficit- 2011-2012

03/16/2011

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Ohio Governor Poses Steep Cuts to Trim Deficit

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Higher Taxes Yield to Budget Cuts in States

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The Buckeye Budget Lesson

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Voters Shy Away From Dramatic Overhauls

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States face bleak economic forecast, report says - The Washington Post

Washington Post 11/29/2011

Falling home values mean budget crunches for cities - The Washington Post

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Paul Ryan's constituents in Wisconsin and the response to his budget plan

09/16/2010

Response by constituents at town hall meetings in Paul Ryan's home state of Wisconsin.

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Charlie Rose Talks to Paul Ryan

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For conflicted Ryan constituent, budget debate about more than his own future - The Washington Post

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Don’t Scorn Paul Ryan

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How Did Wisconsin Become the Most Politically Divisive Place in America?

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In Report on States’ Finances, a Grim Long-Term Forecast

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Paul Ryan is Romney’s pick for vice presidential nominee - The Washington Post

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The financing of local and regional governments in the U.S.- 2010-2011

08/28/2010

The impact on state and local governments as investors demand higher yields from some states and regional governments. The impact on state budgets of higher financing costs.

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U.S. Cities Grapple With Finances

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The Weak Get Weaker as Muni Bonds Are Sold Off

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Banks Look to Profit on Muni-Bond Fears

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Pained Muni Investors Cry Uncle

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Pensions Push Taxes Higher

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State Budget Crisis Task Force co-chaired by Paul Volcker and Richard Ravitch

07/17/2012

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Report Details Threats to States' Fiscal Health

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In Report on States’ Finances, a Grim Long-Term Forecast

New York Times 07/17/2012

State Budget Task Force Recommendations

New York Times 07/17/2012

Coming to a State Near You

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Pension Crisis Looms Despite Cuts

Wall Street Journal 09/21/2012

Illinois Debt Takes Toll on Services, Study Finds

New York Times 10/24/2012


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