Project News
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- Press Release
- States' Fiscal Health ,
- State Health Care Spending
Pew Study Finds 61 Cities' Retirement Systems Face $217 Billion Gap
Sixty-one key cities across America have emerged from the Great Recession with a gap of more than $217 billion between what they had promised their workers in pensions and retiree health care and what they had saved to pay that bill, according to a report released today by The Pew Charitable Trusts. more
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- Press Release
- States' Fiscal Health
Pew Study Finds Shortfall in States' Retirement Systems Has Grown To At Least $1.38 Trillion
The gap between the promises states have made for public employees’ retirement benefits and the money they have set aside grew to at least $1.38 trillion in fiscal year 2010, resulting in a nine percent increase in one year, according to a report released by the Pew Center on the States. more
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- Video
- States' Fiscal Health
Experts Discuss State Pension and Retiree Health Care Costs
Experts explore the long-term challenges of public sector retirement costs at a Pew Center on the States conference. more
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- Press Release
- States' Fiscal Health
Many States Fail to Measure Performance of Transportation Dollars
States spent an estimated $131 billion on transportation in fiscal year 2010, but many cannot answer critical questions about what returns this investment is generating, according to a new report by the Pew Center on the States and the Rockefeller Foundation. more
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- Press Release
- States' Fiscal Health
Pew Study Finds Shortfall in States’ Retirement Systems
The gap between the promises states have made for public employees’ retirement benefits and the money they have set aside grew to at least $1.26 trillion in fiscal year 2009, resulting in a 26 percent increase in one year, according to a report released today by the Pew Center on the States. more
Media Coverage
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- Media Coverage
- States' Fiscal Health
Wisconsin Governor Didn't Get the Solution He Spent His Political Capital On
In all that has been written and spoken about Wisconsin Gov. Scott Walker, public employees and their pensions, the two words that might provide the most insight have yet to be uttered: Joe Smith. What does a journeyman professional basketball player have to do with the political crisis that has dominated news for much of the last two months?
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- Media Coverage
- States' Fiscal Health
States' Revenue Forecasts Increasingly Off-Base
Revenue forecasts made by America's state governments are increasingly missing the mark, a trend that is aggravating political, fiscal and social pain as most of the 50 states grapple with budget shortfalls, according to two leading think tanks. more
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- Media Coverage
- States' Fiscal Health
A Tax Cut May Carve Into the Budgets of 19 States
Struggling states could lose as much as $5.3 billion in tax collections during the next few years in an unintended consequence of one of the lower-profile federal tax cuts that President Obama signed in December 2010. more
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- Media Coverage
- States' Fiscal Health
Higher Taxes Wouldn’t End Some Deficits
As state governments struggle with the fiscal damage caused by the recession, an income tax increase has become a rarely used remedy. Governor after governor has publicly forsworn the prospect of raising income taxes, preferring to talk layoffs and cuts in programs and public union benefits.
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- Media Coverage
- States' Fiscal Health
Recession-Bruised States' Revenue Sank 30 Percent in 2009, Census Bureau Reports
The recession blew a huge hole in the already shaky finances of state governments, causing them to lose nearly one-third of their revenue in 2009, according to a Census Bureau report released Wednesday. The severe drop in revenue resulted largely from the big investment losses experienced by state pension funds during the worst period of the downturn.
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