New York state budget officials predict the national recession will end sometime in the third quarter of 2009. State Budget Director Laura Anglin is releasing the state's updated financial plan Tuesday, which projects an upturn in the economy later this year. She attributes ...

As lawmakers await the latest projections from the state’s Economic Forum, one taxing element that won’t be forecast on May 1 could add to the state’s budget woes. Property taxes, which don’t fund much of the state budget, are tanking. But even though they don’t directly affect the state budget much, property taxes that fund ...

When they plugged California's $42 billion budget hole in February, Gov. Arnold Schwarzenegger and legislative leaders said everyone had to give up something to repair the state's finances. But California businesses and corporations with significant operations in the state were largely ...

Republican Gov. Jim Gibbons has some nerve telling Democratic legislators to be more transparent in their plans for fixing his pathetic state budget proposal for the next two years: First, he announced he would refuse to sign legislation to increase room taxes even though he included the anticipated ...