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Last updated on April 18, 2014 at 0:09 EDT

Latest State Budget Solutions Stories

2013-08-20 08:27:30

GLEN ALLEN, Va., Aug. 20, 2013 /PRNewswire-USNewswire/ -- State Budget Solutions, a national nonprofit based in Virginia and dedicated to fiscal responsibility, released a report calling for rejection of Medicaid expansion in Virginia. The Commonwealth is one of the last states to decide if it will participate in Medicaid expansion under the Affordable Care Act. A 12-member commission from the Virginia General Assembly began meeting on Monday, August 19, to determine the fate of...

2013-05-02 12:25:08

ALEXANDRIA, Va., May 2, 2013 /PRNewswire-USNewswire/ -- Bob Williams, President of State Budget Solutions (SBS), a national nonprofit organization advocating for fundamental reform of state budgets and pensions, released the following statement regarding the recent report by the Government Accountability Office (GAO) "State and Local Governments Fiscal Outlook." The GAO found that closing the fiscal gap in the state and local government sector would require action to be taken today and...

2013-04-25 12:27:43

ALEXANDRIA, Va., April 25, 2013 /PRNewswire-USNewswire/ -- Bob Williams, State Budget Solutions The Medicaid expansion debate taking place in Louisiana this week is one that will likely be repeated in many states in coming months. It is also a debate that will be a critical part of the 2016 campaign, as state governors--and potential presidential candidates--weigh in on the topic. But today, state legislators must ask themselves if it is wise to accept, and in turn, rely on even more federal...

2012-10-02 06:23:34

Hawaii, New Jersey, and Alaska Lead Nation With Highest Debt Per Capita ALEXANDRIA, Va., Oct. 2, 2012 /PRNewswire-USNewswire/ -- Today, State Budget Solutions (SBS), a non-partisan advocate for state budget reform, released a new study revealing that state government debt amounts to $13,425 for every American and $37,486 for every private sector worker in this country. The report found that the five worst states for debt per capita are Alaska, New Jersey, Connecticut, Hawaii and...

2012-08-28 06:25:28

California Leads Nation In Debt ALEXANDRIA, Va., Aug. 28, 2012 /PRNewswire-USNewswire/ -- Today, State Budget Solutions (SBS), a nonprofit organization advocating for fundamental reform of state budgets, released its third annual state debt report revealing that aggregated debt across the 50 states exceeds $4.19 trillion. SBS's report, which takes into account all explicit state debt and future spending obligations, found that California had the largest debt with more than $617 billion...

2012-07-18 06:25:43

ALEXANDRIA, Va., July 18, 2012 /PRNewswire-USNewswire/ -- Today, State Budget Solutions (SBS), a nonprofit organization advocating for fundamental reform of state finances, released a groundbreaking report on the true scope of the state and local public pension crisis. The SBS analysis found that the average public employee pension plan is only 41 percent funded while total unfunded liabilities as of 2011 are at least $4.6 trillion. "State Budget Solutions' pension study shows that our...