Heartland Newspapers - Fiscal

WI Moves Toward Constitutional Change to Protect Transportation Funds

Kirsten Adshead
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February 07, 2013
The Wisconsin Legislature is edging closer to asking voters whether to amend the state constitution to ensure transportation-related revenue stays in the transportation fund.

Study Debunks Tax ‘Myths’ of Political ‘Progressives’

Steve Stanek
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February 07, 2013
The U.S. economy is suffering its deepest and most prolonged recession since the Great Depression.

Bill Aims to Slow Borrowing by Illinois Municipalities

Matthew Glans
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February 06, 2013
A move is afoot to make local governments in Illinois more responsible when borrowing money to finance projects.

Florida Supreme Court Upholds Law Requiring Pension Contributions

Steve Stanek
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February 04, 2013
Florida’s public school teachers, state and county workers, and some municipal employees must send 3 percent of their pay to the state’s pension plan, according to a 4-3 ruling of the Florida Supre

Virginia Republicans Steer Clear of Governor’s Transportation Tax Proposal

Kenric Ward
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January 31, 2013
Top Virginia Republicans are veering away from fellow Republican Gov. Bob McDonnell’s transportation-funding initiative, and a growing number of alternative plans threaten to block its passage.

Illinois Stops Bond Sale After S&P Downgrades State’s Debt

Steve Stanek
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January 30, 2013
Illinois state government has canceled a $500 million debt sale, just days after Standard & Poor’s downgraded the state’s credit rating to the worst in the nation.

PA Senate President Backs Plan to Stop ‘Bleeding’ of Pensions

Eric Boehm
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January 30, 2013
Calling it a way to “stop the bleeding” in the state’s public pension systems, Pennsylvania Senate President Joe Scarnati (R-Jefferson) says he would support a proposal to move all new hires into a

Electronic Tolling an Efficient Highway Revenue Option: Report

Robert Poole
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January 29, 2013
The biggest problem facing the U.S. highway system is inadequate funding.

Illinois Lawmaker Says Fully Funded Pensions ‘Impossible’

Benjamin Yount
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January 22, 2013
Illinois has not paid what it owes its five pensions systems, and it’s unlikely lawmakers will want to pay any more than they have to in the future.

Banks Pay Billions to Settle Complaints, Receive Billions in Tax Breaks

Steve Stanek
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January 21, 2013
The billions of dollars a dozen financial institutions recently agreed to pay to settle government complaints over banking and mortgage lending practices come with a twist: The financial institutio
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