U.S. State Budgets

Despite budget rebound, U.S. states see fiscal threats

WASHINGTON - Most U.S. states are set to end the current fiscal year in solid financial shape, but their recoveries could be derailed by an array of threats and increasing demands on their spending, according to a survey released on Thursday.

Budgets rebound but states to limit spending increases

WASHINGTON - Most U.S. states are set to end this fiscal year in solid financial shape, but a report on Thursday said an array of threats including federal budget cuts and potential sales tax declines will keep state spending.

13 Jun 2013

Budgets rebound but US states to limit spending increases

* Spending seen rising 4.1 pct next year, less than historic levels

13 Jun 2013

Analysis: U.S. states poised to give economy a modest boost

WASHINGTON - U.S. state and local governments finally appear to be collecting enough in taxes to raise spending and give the broader economy a bit of a lift after several years of being a drag.

12 Jun 2013

California governor and lawmakers strike budget deal

SAN FRANCISCO - California Governor Jerry Brown and top Democrats in the legislature have agreed to a state budget deal that gives them some increased spending in exchange for accepting his more cautious revenue outlook, a lawmaker involved in budget talks said on Monday.

10 Jun 2013

California governor and lawmakers strike budget deal

SAN FRANCISCO, June 10 - California Governor Jerry Brown and top Democrats in the legislature have agreed to a state budget deal that gives them some increased spending in exchange for accepting his more cautious revenue outlook, a lawmaker involved in budget talks said on Monday.

10 Jun 2013

California leaders to deliver on-time state budget

SAN FRANCISCO, June 3, - In another sign of improved fiscal health, California will not only approve its first budget surplus in years but also is expected to have it passed on time for the third year in a row.

03 Jun 2013

U.S. states' recovery to remain slow, steady: Fitch

WASHINGTON - The economic recovery will continue at a slow pace in fiscal 2014 for most U.S. states, with federal budget deals and healthcare reforms creating uncertainty in many budgets, according to a report released by Fitch Ratings on Wednesday.

29 May 2013

UPDATE 1-U.S. states' recovery to remain slow, steady - Fitch

WASHINGTON, May 29 - The economic recovery will continue at a slow pace in fiscal 2014 for most U.S. states, with federal budget deals and healthcare reforms creating uncertainty in many budgets, according to a report released by Fitch Ratings on Wednesday.

29 May 2013