Heartland Newspapers - Fiscal

Report: Pensions Biggest Culprit in States' $4 Trillion of Debt

States have shrunk their budget deficits by half compared to one year ago, yet their debt levels remain nearly unchanged.

Behind-the-Scenes Lobbying for Agency Takeover of Chicago-area Transit

Urban planning activist George Ranney and the advocacy organization he heads, Metropolis Strategies, are campaigning for the seven-year-old Chicago Metropolitan Agency for Planning (CMAP) to take o

Chicago Starts Writing Tickets for Marijuana Possession

The City of Chicago has begun issuing tickets to persons found in possession of small amounts of marijuana.

State Tax Collections Top Pre-Recession Levels

Overall state tax collections have recovered from the Great Recession, according to a recent report from the Rockefeller Institute of Government at the University of Albany.

Employers Fear Jobs Losses from Michigan’s ‘Protect Our Jobs Amendment’

Michigan labor unions are working to land a “Protect Our Jobs Amendment” on the state’s November ballot.

Billions Taken from California’s Special Funds to Feed General Fund

California state government over the past few years has borrowed $4.3 billion from special funds that were designated for specific purposes to cover general fund expenses, according to an analysis

Occupational Licensing: Another Government Obstacle to Earning a Living

Do you have a love of fabric and furniture and a talent for decorating? In some states, it’s tough luck if you want to start a decorating business—unless you have a license.

Aug. 17 Special Session Bill Would Barely Dent Illinois’ Fiscal Fiasco

The failure of Illinois’ legislators to pass a pension bill in June was actually good news.

Some Conservatives are Pushing for Carbon Tax Swaps

Carbon taxes have reentered the political discussion amid reports former Congressman Bob Inglis (R-SC) is building support for a carbon tax swap that would eliminate subsidies for all energy compan

Foreclosures, Debt Forgiveness Could be Taxed Again Beginning January 1

Financially strapped homeowners stand to become even more downtrodden in 2013.
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