State budgets

Gov. Bill Walker says the plan will help reduce the state deficit.

A political dispute among Democrats threatens the state's ability to enact an on-time budget.

Only nine states reported making midyear budget cuts totaling $830 million this year compared to 22 states that cut $3.5 billion in 2017.

The spending plan heads to Gov. Rick Snyder for his expected signature.

The record May tax revenues are a product of a strong economy and 2017 revenue legislation, said Ken Miller, the state treasurer.

The three agencies that rate Illinois are watching to see how well assumptions in the budget play out during the fiscal year.

Gov. Phil Scott and the state legislature remain at odds over a new spending plan as the a July 1 budget deadline approaches.

John Bel Edwards also called a new special session in hopes of solving an impasse on priority spending.

Controller Betty Yee released her cash report for May.

S&P Global Ratings revised Alaska's outlook to stable from negative.

Tax increases proposed by New Jersey Gov. Phil Murphy would prompt companies and residents to exit the state, a business advocacy group wrote.

The state has $500 million of extra revenue to divvy up.

S&P Global Ratings revised the state's outlook to stable from negative, and Moody’s says the budget's Medicaid expansion is credit positive for hospitals.

Funding questions and palace intrigue accompany Andy Byford's plan to modernize New York City's buses and subways.

After the passage of a $38.5 million budget for fiscal 2019, what’s next for Illinois? Yvette Shields, The Bond Buyer’s Midwest Bureau Chief, drills down to look at some of the problems the state still faces and the prognosis for the post-election atmosphere. Chip Barnett hosts.

Maine Gov. Paul LePage has been ordered by a judge to begin implementation of voter-approved Medicaid expansion after missing the state’s April 3 deadline.

Rvenue soar 10.2% in May compared to a year earlier, accompanied by strong growth in oil and gas income.

Gov. John Bel Edwards objected to a spending plan that would impose cuts of more than 24% on most state agencies.

The looming legalization of sports betting in New Jersey will provide only slight winnings to the Garden State and Atlantic City, according to analysts.

Municipal analysts see the holes in the spending plan, but secondary market traders reacted positively.