Budgets

S&P Global Ratings dropped Connecticut's capital two notches to junk-level BB.

The threat of a junk bond label took center stage when Illinois lawmakers passed a budget.

Georgia’s economy continues on an upward trajectory, according to Gov. Nathan Deal.

Fitch Ratings lowered the Sooner State to AA from AA-plus.

Gov. Tom Wolf bought time to pass the bills necessary to fund Pennsylvania's $32.2 billion spending plan.

California June revenues were 2.5% below projections outlined in last year’s budget.

There are times when there is no better alternative to a tax increase.

Philadelphia’s new five-year fiscal strategy was endorsed by City Controller Alan Butkovitz.

Pennsylvania state leaders are still negotiating how to fund their new budget.

Massachusetts legislators finally agreed to terms on a $40.2 billion budget for fiscal 2018.

Breaking a record two-year budget impasse drove a dramatic easing of Illinois' spread penalties.

Liquidity and pension woes still remain after Illinois enacted its first budget since 2015.

Massachusetts legislators expect to vote Friday on the final version of a state budget.

The Illinois House overrode Gov. Bruce Rauner's veto to enact the first state budget in two years.

Ohio transit funding got a boost from a veto override.

Hartford, Conn., on the brink of insolvency, hired Greenberg Traurig LLP as restructuring counsel.

Pennsylvania’s budget inaction landed the state on credit watch with negative implications.

Malloy says he's open to revenue bonds

The Massachusetts House speaker urged lawmakers to move on a budget before a marijuana bill.

Rhode Island’s fiscal 2018 budget is in no-man’s land amid a dispute between the Senate and House.