State budgets

The budget traveled a bumpy road before a package of spending bills won final passage just days before the July 1 start of fiscal 2026.

Washington State Gov. Bob Ferguson said he doesn't plan on calling a special session to deal with lowered revenue expectations.

Oregon's Senate president altered the make-up of the transportation committee to get the massive tax bill passed.

Florida lawmakers passed a state budget and approved plans to pay off $830 million of debt in fiscal 2026 in advance of maturity.

A growing rainy-day fund helped Alaska win a Moody's Ratings upgrade, bringing the state's issuer and general obligation bond ratings to Aa2 from Aa3.

As the Senate Finance Committee works on the the reconciliation puzzle, attorneys, accountants, and doctors are lobbying for keeping the pass-through exemptions that provide a workaround to the cap on state and local taxes in place.

Southeast state governments are among the most dependent on federal Medicaid, SNAP and FEMA funding.

In a Monday special session that went late into the night, the state legislature passed a $66 billion budget that includes a $700 million bonding bill.

Municipal bond issuers in the state dodged a barrage of bills in this year's legislative session seeking to constrain their debt sales.

The North Carolina Office of State Budget and Management says the state will have widening deficits starting in fiscal 2026 unless changes are made.