Vermont Exercising Option to Balance the Budget

The only state without a budget-balancing requirement has turned out to be a fiscal goody two-shoes.

Economic Scene: Do-Nothing Congress as a Cure

The expiration of the Bush tax cuts would mean a return to the Clinton tax rates and a good start to a smaller deficit.

Budget Talks in California Break Down

Negotiations between California Republican leaders and Gov. Jerry Brown on a package to close the state’s huge budget deficit collapsed Tuesday with each side accusing the other of intransigence.

Even a Wealthy Suburb Faces Pressure to Curb School Taxes

Even in Bronxville, N.Y., where typical income is high, a look at the property tax trajectory has residents worried.

Big Budget Cuts Seen for Illinois Despite Increases in Tax Rates

Gov.

The Bay Citizen: Few Californians Understand the State’s Tax System. Fact.

Few Californians can separate fact from myth when it comes to the state’s tax system and its crazy quilt of money flows among government entities.

Poll Finds Wariness About Cutting Entitlements

Americans say that they prefer cutting government spending to paying higher taxes, but their preference dissolves when it comes to Medicare or Social Security.

The Bay Citizen: Redevelopment Agencies Lie in Cost-Cutters’ Sights

Gov.

News Analysis: With New Tax Bill, a Turning Point for the President

With his signing of the tax bill, Obama took a step toward reinventing himself as a champion of compromise.

Tax Deal Hits Procedural Snag in the House

A skirmish between liberal Democrats and party leaders over the estate-tax provisions was described as a temporary setback by the House speaker.

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