Illinois' state debt climbs to $21607 per person
State debt loads grew as the 2007-2009 economic recession depressed core revenue sources and investment returns for public retirement systems, while the ranks of jobless workers grew along with demand for state services.www.chicagotribune.com
Every Baby Born Today Owes More Than $13000 In State Debt: Study
To every proud new parent, your bundle of joy already owes more than $13,000. Babies born today arrive in the red when it comes to state debt, a new report says. According to a study released Tuesday by State Budget Solutions, a nonpartisan group ...www.huffingtonpost.com
Md. panel recommends raising debt limit $150M
ANNAPOLIS, Md. - A Maryland panel on Monday recommended raising the state's debt limit by $150 million in the next fiscal year.www.cbsnews.com
Mark Landsbaum: State has dug deepest debt hole
Politicians and voters complain about spending and taxes. Mostly, politicians running California complain that they don't have enough tax money to spend.www.ocregister.com
Greece debt in worse state now than six months ago
2 Oct, 2012, 11.11PM IST, The writer has posted comments on this article Reuters. Greece debt in worse state now than six months ago.economictimes.indiatimes.com
State teachers union to back state Senate Dems
ALBANY - The state teachers union is expected to spend hundreds of thousands of dollars to help the cash-challenged Democrats re-take the state Senate - a big money push that will include $500,000 to boost the reelection campaign of Queens Sen. Joe ...www.nydailynews.com
TEXT-Fitch cuts Chicago Board of Ed GOs to 'A', outlook still negative
Fitch is concerned about not only these plans but other city, Cook County, and State of Illinois plans which are all poorly funded.www.reuters.com
State Debt Hits $2559 Per Californian
In contrast, Texas' state debt totals $588 per resident and Michigan is $785. In the 2012-13 fiscal year, California's debt service bill is projected at $8.6 billion, or nearly 9 percent of general fund revenues.missionviejo.patch.com
Sri Lanka's state debt expands amid currency fall, forex loans
Oct 02, 2012 (LBO) - Sri Lanka's state debt has expanded by more than a trillion rupees to 6,161 billion rupees up to July 2012 from 5,133.3 billion rupees in December 2012, as the currency depreciated and foreign borrowings increased.www.lankabusinessonline.com
With Student Debt Soaring, College Could be in the Past
College administrators grappled with shriveling state support by jacking up tuitions, tacking on new fees, and so asking more each year from increasingly pinched students and families.www.opposingviews.com
California bond debt is soaring, report says
A new report from the California State Treasurer's Office shows that just a decade ago, bond debt was just over 3.5 percent of the state's general fund, costing every Californian about $800 a year to pay it off. Next year, it's estimated to jump to ...abclocal.go.com
Oglesby to seize state tax returns to collect debt
Monday, the city council placed on file an intergovernmental agreement with the state to participate in the Local Debt Recovery Program. If approved at the Oct. 15 meeting, the city can collect unpaid debts by seizing any state income tax return the ...newstrib.com
Transparency on debt is a good policy
State Comptroller Susan Combs has issued an in-depth report on the state of public debt in Texas, an issue that, no doubt, has a lot of resonance among the state's Republican voters. Combs is rumored to be considering a run for lieutenant governor in ...www.mysanantonio.com
State Legislature Candidates Square Off in Political Forum on Human Services
His opponent, Ald. Carl Wasco (D - 4th Ward), says he supports debt restructuring. Cabello also mentioned he believes state legislators should go without pay until the debt problem is resolved. Rep. Chuck Jefferson (D - 67thDistrict) says he disagrees ...mystateline.com
Slovenia `Bad Bank' Plan to Increase Debt Level: Kranjec
Slovenia's planned so-called bad bank to exchange non-performing loans from lenders such as Nova Ljubljanska Banka d.d. for government-guaranteed bonds would raise state debt, central bank Governor Marko Kranjec said. "We are supporting ...www.businessweek.com
State report ranks Indianapolis, Carmel at top for debt
The State Department of Local Government Finance released a report that highlights both Indianapolis and Carmel. According to the report, Carmel ranks number one in the state over every other city and town because of its debt. Indianapolis City-County ...www.fox59.com
Credit Card Debt Payoff: How She Shed $32000 in 22 Months
In 2008, when the foreclosure crisis was raging, Simone Griffin was spending her days counseling homeowners who were behind on their mortgage payments, and her nights worrying about the precarious state of her own finances. Griffin owed a total of ...www.dailyfinance.com
Public-sector debt
According to the Ministry of Strategy and Finance, the combined debt of the nation's 41 major public agencies with assets of 2 trillion won or more, including 22 state-run firms, is estimated to reach 532.3 trillion won next year, up 9.7 percent from ...www.koreatimes.co.kr
Banks' Biggest Local-Debt Bet Since '85 Fuels Rally: Muni Credit
(WFC) and PNC Financial Services Group Inc. (PNC) are leading U.S. banks making the biggest bet on municipal debt in 27 years, helping fuel the longest rally in state and local bonds since 2001. Banks nationwide held $330 billion of munis as of June 30 ...www.businessweek.com
Reno: The Biggest Little Debt-Ridden City in America
That's according to Experian, which released its annual State of Credit report last week. The report, which ranks the major U.S.www.huffingtonpost.com
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