Complete coverage on

State Budgets

Latest Stories

CNNMoney: Dire straits for state budgetsupdated: Thu Apr 23 2009 14:11:00

Even as they await billions in federal stimulus funds, states are racing to close a combined $95 billion budget hole in the coming weeks, according to a report released Thursday.

CNNMoney: A tenuous lifeline for seniorsupdated: Tue Apr 14 2009 11:38:00

Every weekday, Eva Gomez walks down the block to the Fox Point Senior Center to eat her one hot daily meal, exercise and chat with friends. Otherwise, she's cooped up in her Providence, R.I., apartment with little more than crackers and a cup of coffee or tea.

CNNMoney: Uncle Sam won't make ends meetupdated: Tue Apr 14 2009 10:25:00

For Uncle Sam, Wednesday is a big payday. But what the government rakes in on April 15 - and throughout the year - won't be enough to cover its expenses.

CNNMoney: U.S. budget gap grows to $957 billionupdated: Fri Apr 10 2009 14:10:00

The government said Friday the federal budget deficit for the first half of fiscal 2009 jumped to $956.8 billion, more than $500 billion above the gap for all of the prior fiscal year.

Senate Dems propose cutting Obama budget by billionsupdated: Tue Mar 24 2009 19:35:00

Hours before President Obama was to hold a prime time news conference -- in part to boost his $3.6 trillion budget plan -- a key Democratic senator Tuesday unveiled a scaled-down budget proposal.

White House rejects request to use stimulus to pay off state debtupdated: Mon Mar 16 2009 18:49:00

The White House has rejected South Carolina Gov. Mark Sanford's request to use a portion of the state's allotted federal stimulus funds to pay off state debt instead of spending it on government services or programs.

N.Y. drops proposed taxes on iTunes, haircutsupdated: Thu Mar 12 2009 01:39:00

New York has scrapped a proposal that would have raised taxes on items such as sugary soft drinks, iTunes downloads and haircuts, Gov. David Paterson said Wednesday.

CNNMoney: Jobless: 4 states above 10%updated: Wed Mar 11 2009 12:39:00

As unemployment soared in January, four states' jobless rates climbed higher than 10%, according to federal data released Wednesday.

CNNMoney: Obama thinks big in budgetupdated: Fri Feb 27 2009 17:58:00

President Obama last week -- his sixth in office -- showed his hand on how he hopes to shape the government's federal budget and the U.S. economy along the way.

CNNMoney: Obama budget would boost SECupdated: Thu Feb 26 2009 13:10:00

The Obama administration announced plans Thursday to boost the U.S. Securities and Exchange Commission's budget by 13% to help the investor protection agency better police markets and detect fraud.

CNNMoney: Spend! Cut! Obama's budget dilemmaupdated: Mon Feb 23 2009 11:06:00

If you're looking for Peter Orszag, you might check between a rock and a hard place.

Fortune: Nonprofits: Misery loves companyupdated: Fri Feb 20 2009 13:00:00

The past year has been tough for Centro Latino de Chelsea and Concilio Hispano, two Boston-area charities serving the Hispanic community. Centro says it doesn't have the money to expand; Concilio is without a permanent leader or much staff for administration. Both face significant reductions in funding.

California back in blackupdated: Thu Feb 19 2009 23:44:00

CNN's Richard Quest talks with Noreen Evans of the Californian budgetary committee about the new budget deal.

CNNMoney: California budget passed, awaits signatureupdated: Thu Feb 19 2009 11:09:00

California lawmakers in Sacramento passed the state's budget -- closing a $42 billion deficit -- early Thursday, and it now awaits the signature of Gov. Arnold Schwarzenegger, who hailed the lawmakers.

Schwarzenegger sends out 10,000 layoff noticesupdated: Tue Feb 17 2009 21:30:00

California Gov. Arnold Schwarzenegger issued 10,000 layoff notices Tuesday, affecting a wide spectrum of state employees and aimed at dealing with the state's budget crisis, a spokesman said.

California budget stalledupdated: Tue Feb 17 2009 07:19:00

The California State Senate fails to pass a budget, forcing work stoppages and layoffs. KOVR's Elyce Kirchner reports.

California budget crisis jeopardizes 20,000 jobsupdated: Tue Feb 17 2009 07:19:00

California lawmakers were told to bring their toothbrushes and prepare for a long day Tuesday, with the goal of passing a budget as the state faces a $42 billion deficit and 20,000 layoff notices were set to go out to state workers Tuesday.

California to lay off 20,000 if budget deal isn't reachedupdated: Tue Feb 17 2009 00:47:00

Faced with a projected $42 billion deficit, California Gov. Arnold Schwarzenegger says his office will send out 20,000 layoff notices Tuesday if lawmakers fail to reach a budget deal before then, according to a spokesman.

CNNMoney: States counting on their slice of $787Bupdated: Mon Feb 16 2009 11:08:00

Though not quite as generous as first envisioned, the federal stimulus package funnels a nice chuck of change to states to help them deal with their yawning budget gaps.

CNNMoney: California delays $3.5B in paymentsupdated: Mon Feb 02 2009 16:49:00

Running short of cash, California has started delaying $3.5 billion in payments to taxpayers, contractors, counties and social service agencies.

Budget cuts force Bronx Zoo to 'fire' animalsupdated: Fri Jan 30 2009 15:55:00

Layoffs for sea lions? Furloughs for frogs? Is there no job security, anywhere?

CNNMoney: Bailing out the states: How it will workupdated: Thu Jan 29 2009 10:44:00

Struggling with gaping budget deficits, states are eagerly awaiting the hundreds of billions of dollars coming their way from Capitol Hill.

'We can't pay you yet,' California to tell creditorsupdated: Fri Jan 16 2009 19:08:00

The check isn't in the mail, and it's not going to be for at least 30 days, California will start telling some of its creditors in February.

CNNMoney: $1.2 trillion deficit loomsupdated: Wed Jan 07 2009 17:00:00

The U.S. budget deficit in 2009 is projected to spike to a record $1.2 trillion, or 8.3% of gross domestic product, the Congressional Budget Office said Wednesday.

CNNMoney: Soda tax, tuition hikes: State budget cuts stingupdated: Tue Dec 16 2008 22:12:00

An 18% sales tax on non-diet soda. A 14% hike in public college tuition. The elimination of a tax rebate for homeowners.

CNNMoney: Auto crisis roils state budgets nationwideupdated: Sat Dec 13 2008 08:58:00

The Big Three automakers' troubles are wreaking havoc on state and local budgets far beyond the Rust Belt. And a collapse of even one of Detroit's car manufacturers would hit governments while they are down.

Fortune: Why a $1 trillion deficit is a good thing (for now)updated: Fri Dec 12 2008 08:48:00

It was already ominous enough that the U.S. budget deficit nearly tripled to $455 billion in the fiscal year that ended in September. Now, even conservative projections show that it is on course to explode into the stratosphere, exceeding the $1 trillion mark in the current fiscal year - and most likely, by a wide margin.

Details from Rod Blagojevich's 74-page affidavitupdated: Tue Dec 09 2008 20:59:00

Democratic Gov. Rod Blagojevich and his chief of staff, John Harris, face corruption charges in a scandal that encompassed the Chicago Cubs, President-elect Barack Obama's vacated Senate seat and a children's hospital, according to an affidavit.

CNNMoney: Obama and governors to talk state aidupdated: Mon Dec 01 2008 18:30:00

Plagued by rising unemployment, falling tax revenue and increased demand for state services, governors from across the country will meet with President-elect Barack Obama on Tuesday to press for federal money to ease their fiscal strain.

Commentary: Get ready for more economic trouble aheadupdated: Thu Oct 16 2008 17:26:00

Despite the best efforts of our politicians to convince us otherwise, there is no easy way out of the financial crisis we've created. Iraq Revisits Budget After Oil Price Dropupdated: Wed Oct 15 2008 14:25:00

A steep drop in the price of oil may force Iraq to scale back its $79 billion budget for 2009, the Finance Ministry said Wednesday

CNNMoney: For states, it's a 'worst-case scenario'updated: Thu Oct 09 2008 09:33:00

States and municipalities are facing their worst budget crunches in decades - and it's only going to get worse.

Palin's budget choices praised, criticizedupdated: Tue Sep 09 2008 14:36:00

While Democrats have questioned her budget priorities, some Alaskans see Gov. Sarah Palin as a modern-day Robin Hood who has slashed government spending and given money to the people.

Iraq's oil-fueled surplus could hit $80 billion, report saysupdated: Tue Aug 05 2008 20:58:00

Iraq is raking in more money from oil exports than it is spending, amassing a projected four-year budget surplus of up to $80 billion, U.S. auditors reported Tuesday.

White House projects record deficit for 2009updated: Mon Jul 28 2008 19:31:00

President Bush's budget chief blamed the faltering economy and the bipartisan stimulus package for the record $482 billion deficit the White House predicted for the 2009 budget year.

Conrad chastises Bush for fiscal recordupdated: Mon Jul 28 2008 19:31:00

Sen. Kent Conrad called President Bush's fiscal record the worst in history and said the increased federal debt undermined the U.S. economy.

Candidates slam Bush, each other on economicsupdated: Mon Jul 28 2008 16:17:00

Sens. Barack Obama and John McCain used news that the United States' budget deficit will hit a record high as an opportunity to criticize each other's fiscal plans.

Halperin on McCain, Obamaupdated: Mon Jul 28 2008 16:17:00

Watch Time Magazine's Mark Halperin as he sizes up the McCain-Obama race.

FSB: Tax the giraffe!updated: Mon Jul 07 2008 12:39:00

When the Massachusetts passed its much-delayed state budget last week, it included an obscure tax-law change that could be crucial for small-business owners concerned about unfair competition. By becoming the 22nd state to adopt "combined reporting" legislation, Massachusetts lawmakers are hoping to put a stop to a longstanding practice that, they say, gives large corporate chains an unfair advantage over their smaller competitors at tax time. Calif. May Release 20,000 Inmatesupdated: Fri Dec 21 2007 09:15:00

Gov. Arnold Schwarzenegger is considering the early release of more than 20,000 low-risk prison inmates from the nation's largest prison system as a way to save money amid a worsening budget crisis

Budget deal would probably give Bush victory on war fundingupdated: Wed Dec 12 2007 19:09:00

Democratic lawmakers and staffers privately say they're closing in on a broad budget deal that would give President Bush as much as $70 billion in new war funding.

CNNMoney: Bush predicts budget deficit will shrinkupdated: Wed Jul 11 2007 01:30:00

President Bush predicted Wednesday that strong tax receipts would cause the U.S. budget deficit to shrink to $205 billion this year, marking the third straight annual decline. Pennsylvania in Partial Shutdownupdated: Tue Jul 10 2007 10:20:00

Gov. Ed Rendell late Sunday ordered a range of state government services shut down and placed about a third of the state work force on indefinite unpaid furlough

One man's campaign against federal debtupdated: Wed Mar 28 2007 17:47:00

He has recently made stops in Iowa, New Hampshire and South Carolina, giving speeches and holding town hall meetings. But he's not seeking the presidency.

Money Magazine: Will the deficit ruin my retirement?updated: Fri Mar 31 2006 11:45:00

My wife and I are 40 and we put about 13 percent of our yearly income into our 401(k) and Roth IRAs. We worry, however, when we read about the huge national debt, the trade deficit and the high level of borrowing most Americans have taken on. What effect will the spending habits of others have on my retirement -- and is there anything I can do about it?

CNNMoney: Markets and the deficit: No fearupdated: Mon Dec 12 2005 11:37:00

NEW YORK ( - Who's afraid of the big bad federal budget deficit? Not the bond or currency markets.

CNNMoney: Rebuilding the Gulf, but at what cost?updated: Fri Sep 16 2005 11:11:00

With President Bush promising a big push to rebuild New Orleans and the Gulf Coast in the wake of Hurricane Katrina, many are wondering how the government's going to pay for all this.

CNNMoney: Three cheers for the 30-yearupdated: Thu Aug 04 2005 07:38:00

Hurray!! The 30-year bond is coming back!!

Schwarzenegger calls for special electionupdated: Tue Jun 14 2005 07:37:00

Raising the stakes in his feud with state Democrats, California Gov. Arnold Schwarzenegger has turned to the ballot process that brought him to power, calling for a November special election.

U.S. to beam Arabic-language channel to Europeupdated: Sun Feb 27 2005 17:05:00

The Bush administration is planning to expand the reach of its Arabic-language satellite channel, Alhurra, into Europe, an official overseeing the network said Sunday.

CNNMoney: Dollar rises versus yen, euroupdated: Tue Feb 08 2005 08:37:00

The dollar rallied to a two-month high against the yen as hopes for a Chinese revaluation of the yuan faded. The greenback also built on gains verses the euro in light of a U.S. budget proposal that is seen by some as a serious effort to tackle the deficit problem.

CNNMoney: Street skeptical of Bush budgetupdated: Mon Feb 07 2005 11:57:00

Wall Street analysts gave President Bush high marks for tackling domestic spending in his budget proposal Monday, but even they said it was unlikely the blueprint would survive Congress intact.

Sources: Hubble servicing mission cut from budgetupdated: Fri Jan 21 2005 15:35:00

The White House has eliminated funding for a mission to service the Hubble Space Telescope from its 2006 budget request and directed NASA to focus solely on de-orbiting the popular spacecraft at the end of its life, according to government and industry sources.

CNNMoney: As goes Januaryupdated: Mon Jan 03 2005 17:51:00

As goes January, so goes the year, according to an old Wall Street saying. In fact, market forecasters carefully watch market action during the first few days of January to get a sense of investors' expectations for the coming year.

CNNMoney: Greenspan concerned with weak dollarupdated: Fri Nov 19 2004 08:32:00

Federal Reserve Chairman Alan Greenspan warned the U.S. must deal with the causes of the weak dollar -- the U.S. trade deficit and the federal budget deficit -- or the country could run into economic problems down the line.

CNNMoney: Greenspan: Recovery regains tractionupdated: Wed Sep 08 2004 10:25:00

Federal Reserve Chairman Alan Greenspan told Congress Wednesday the economic recovery has regained some momentum after hitting a "soft patch" amid soaring oil prices.

Poll: Presidential race too close to call in 3 statesupdated: Mon Aug 30 2004 04:05:00

A CNN/USA Today/Gallup telephone survey released Sunday indicates that voters in Wisconsin, Pennsylvania, and Iowa are pretty evenly split on who they want in the White House, the economy, and the war in Iraq.

CNNMoney: Snow: Deficits do matterupdated: Tue Jun 08 2004 09:52:00

A large federal budget deficit threatens the strength of the U.S. economy, Treasury Secretary John Snow said Tuesday, as he repeated the Bush administration's previous pledge to cut the deficit in half in five years.

CNNMoney: Cheney: make tax cuts permanentupdated: Mon Jun 07 2004 12:11:00

The tax cuts promoted by President Bush have created jobs and should be made permanent, Vice President Dick Cheney said Monday evening.

Nation's first college voucher program OK'dupdated: Mon May 10 2004 13:34:00

Gov. Bill Owens signed Colorado's first-in-the-nation college voucher plan into law Monday, calling it a landmark step that will empower thousands of students.

Pentagon officials grilled about war's costupdated: Wed Apr 21 2004 12:06:00

The Bush administration has failed to provide a realistic assessment of how much the war in Iraq will cost taxpayers, lawmakers charged Wednesday.

CNNMoney: Heeding the Oracleupdated: Mon Mar 08 2004 08:26:00

The Oracle of Omaha is becoming the Prophet of Financial Doom, but I'm not complaining because somebody has to get us all focused on the challenges ahead.

CNNMoney: Do deficits matter?updated: Mon Feb 02 2004 09:05:00

In 2004, the U.S. federal budget deficit will likely be the biggest in history, with more big deficits in store for years to come. But should we care?

CNNMoney: The amazing disappearing budgetupdated: Mon Jan 26 2004 09:08:00

Like a cowboy-boot wearing David Blaine, President Bush has promised to perform an amazing feat of prestidigitation: he's going to saw the whopping federal budget deficit in half in just five short years.

Army chief: Scrap divisions for smaller brigadesupdated: Fri Jan 23 2004 18:08:00

Army Chief of Staff Gen. Peter Schoomaker is suggesting a reorganization of the Army, replacing its structure of 10 active-duty divisions with 46 smaller, but more capable, brigades, Pentagon sources told CNN on Friday.

CNNMoney: The state of the Bush economyupdated: Tue Jan 20 2004 15:06:00

In his annual State of the Union speech Tuesday night, President Bush trumpeted the recent strength of the U.S. economy and promised to cut the federal budget deficit in half in five years, even as he announced several government programs and called for making recent tax cuts permanent.

Money Magazine: Deficits And Their Dangers The country's fiscal position has changed dramatically since Robert Rubin was updated: Mon Dec 01 2003 00:01:00

Since leaving his post as Treasury Secretary--perhaps the greatest since Alexander Hamilton--and becoming a director of Citigroup, Bob Rubin has kept a relatively low public profile. But in late Oc...

Fortune: Taxpayer, Beware! Washington will soon be taking back a good chunk of that new tax cut. How? By using the updated: Mon Jun 23 2003 00:01:00

There will probably come a time in the next few weeks when you'll look at your paycheck, notice that the take-home dollar amount is a little bit higher and the "federal withholding" amount is a lit...

Money Magazine: 2003 529 Surveyupdated: Thu May 01 2003 00:01:00

To pick a 529 college savings plan, first check your state's options. If you're in one of the 24 states (or Washington, D.C.) that let residents deduct 529 contributions, a local plan may be your b...

Fortune: In a Bad State Spending soared in the late '90s as states ran through cash like drunken sailors. Now taxpayers are stuck with thupdated: Mon Dec 09 2002 00:01:00

Oh, for the heady days of the late 1990s, when many states managed to raise spending (a lot), cut taxes (a lot less), and even put away money for a rainy day. "It was an amazingly wonderful time fo...

Fortune: Don't Fear The Big Bad Deficitupdated: Mon Feb 04 2002 00:01:00

After four fat years in which the U.S. government took in more than it spent, the big, bad budget deficit is back: The U.S. is likely to spend at least $100 billion more than it takes in in fiscal ...

Money Magazine: Really Big Government Is Back SUDDENLY, WASHINGTON WANTS TO SPEND OUR WAY TO PEACE AND PROSPERITYupdated: Thu Nov 01 2001 00:01:00

In recent years, fiscal restraint and balanced budgets were perceived to be the ultimate measures of good government. The government ran a budget surplus from 1998 to 2000. Overnight, all that has ...

Fortune: Bushonomics The Reagan tax cuts offer clues to what's in store for us.updated: Mon Feb 19 2001 00:01:00

Before George W. Bush became the Paul Bunyan of tax cutters, there was Ronald Reagan. And if we're looking for possible clues about what may be in store for us this time around, Reagan's $750 billi...

Money Magazine: Al the President's Manupdated: Sat Jul 01 2000 00:01:00

News flash: The Vice President of the U.S. is not nearly as wooden as he seems on TV, at least not when he's talking about economic policies. Relaxed and affable, the private Al Gore can be decided...

Money Magazine: Are Those $49.99 Lists Of Foreclosed Properties Legitimate?updated: Sat Apr 01 2000 00:01:00

Q. If I buy an advertised list of foreclosure properties for $49.99, will I get valid information on real homes? CHERYL DACEY ADDRESS WITHHELD

Fortune: How The Budget Surplus May Get Washed Awayupdated: Mon Sep 06 1999 00:01:00

The U.S. budget surplus is one of the great unanticipated economic phenomena of the 1990s. Just a few years ago, the idea that the federal government could balance the budget--much less run a surpl...


Each year at the end of summer, a hundred or so select economists, central bankers, and government officials from around the world convene at Jackson Hole, Wyoming, for a two-day talkfest on the ec...

Money Magazine: THE 586 STATE FUNDSupdated: Tue Aug 01 1995 00:01:00

[Text not available--Money ranking of the 586 State funds. Provides Fund name, % yield to July 1, % return to July 1, 1995 for Six months and Three years, and Telephone 800 number]


The American economy is striding into its 49th month of expansion, coming off a year in which it grew 4.1%, unemployment fell to 5.4%, and profits, investment, and exports all boomed. Americans nev...

Money Magazine: THE 571 STATE FUNDSupdated: Mon May 08 1995 00:01:00

[Text Not Available -- Money ranking of The 571 State Funds showing yield, % return to April 1, 1995 for one- and three- year periods. Telephone numbers provided.]


Reduce central government. cut income taxes. and shove more of the responsibilities of governing back to the local level to give the people more control over their destinies. So goes the new Battle...

Fortune: The World Economy in charts There's new life in the global economy, and it's going to get better.updated: Mon Jul 25 1994 00:01:00

LIKE RECESSIONS, recoveries can be contagious. America's economic momentum is finally spreading to the rest of the developed world, with factories from Ottawa to Osaka beginning to buzz. These econ...

Fortune: BUDGET SHORTFALLS A PANDEMICupdated: Mon Dec 28 1992 00:01:00

You may be left with the post-election impression that the U.S. is the only nation with a crushing budget deficit. Far from it. When the deficit is expressed as a percentage of GDP, the U.S. has co...

Fortune: SALINAS SPEAKS OUT ON FREE TRADE In an exclusive interview, Mexico's President rebuffs naysayers on NAFTA and argues that the agupdated: Mon Dec 28 1992 00:01:00

TODAY Mexico's economy is vibrant, largely because of the free-trade policies of its dynamic, Harvard-educated President, Carlos Salinas. Since his election four years ago, Salinas, 44, has balance...

Money Magazine: sizing up the BIG STATE SCHOOLS Under budget pressure, the publics fight to maintain quality.updated: Mon Sep 07 1992 00:01:00

America's public colleges and universities still offer some of the best bargains in higher education, despite being caught in a painful squeeze. Demand has never been greater -- the nearly 600 stat...

Fortune: SPEND NOW, PAY LATERupdated: Mon May 18 1992 00:01:00

If you know in your bones that America's spendthrift fiscal policy is wrong, wrong, wrong, yet feel bewildered by a decade of contradictory and abstruse blather about the budget deficit, check out ...

Fortune: THE STATES ARE STRAPPED, BUT THEY'VE GOT MONEY TO BUILDupdated: Mon May 04 1992 00:01:00

Mario Cuomo, the quintessential tax-and-spend Democrat, has just signed off on a New York State budget calling for yet another increase in outlays. But what an increase -- a distinctly unwhopping 3...

Money Magazine: DIGGING OUT FROM THE WORST TAX STORM Brutal state and local tax increases are making tax flight attractive to more people. If youpdated: Wed Jan 01 1992 00:01:00

Last April, a new job enabled Leland and Kathy Rhodes to flee the gathering gloom of tax hell in California for the pristine uplands of tax heaven in Wyoming. Today, as the $60,000-a-year chief fin...

Fortune: MONEY GUSHERSupdated: Mon Sep 23 1991 00:01:00

So far this year, 35 revenue-hungry states have added new taxes designed to raise $18 billion. The biggest chunk, about $7.5 billion, is expected to come from higher personal income taxes. Since Co...

Money Magazine: the state of the states PUBLIC UNIVERSITY SYSTEMS ARE THRIVING DESPITE THE PAIN OF WIDESPREAD BUDGET CUTS.updated: Tue Sep 10 1991 00:01:00

It is no longer any secret that public universities can provide a solid education -- in some cases rivaling what students can get at elite private institutions -- at a bargain price. During the 198...

Fortune: WHY STATE BUDGETS ARE A MESSupdated: Mon Jun 03 1991 00:01:00

Life in the executive suite may get a bit easier when the economy finally picks up, but not for many state and local budget planners -- nor for most taxpayers. Governors and mayors, facing growing ...

Fortune: BUSH'S RADICAL BUDGET PLAN Influential voices at the White House and Fed want to replace bounding deficits with surpluses and inupdated: Mon Jun 04 1990 00:01:00

IT IS 1995. The federal budget deficit is gone -- replaced by a budget surplus. The government has just paid off $101 billion of the national debt. Inflation, at 1.5%, is so insignificant that peop...

Money Magazine: Sizing Up Those Single-State Munis Municipal bond funds that invest in the issues of only one state can double, or even triple, updated: Thu Oct 01 1987 00:01:00

By now, most investors know that last year's tax reform made tax-advantaged investing a tougher game. But it didn't dampen the fundamental appeal of one special kind of tax-favored investment: muni...

Money Magazine: The Nasty Surprises in State Taxes Under reform, you could wind up owing lots more on your other return.updated: Sun Feb 01 1987 00:01:00

If you expect ultimately to save money under tax reform, don't start making plans to spend it just yet. The reason: 33 states plus the District of Columbia link their tax systems to the federal tax...

Fortune: YOUR COMING STATE TAX HIKE Reform will push state income taxes up and eat into savings from the federal cut. Some people's totalupdated: Mon Oct 13 1986 00:01:00

WITH THE much ballyhooed tax bill about to pass, many people are focusing on how much they will save on federal taxes. If you are one of them, watch out: You may be about to get blindsided. Tax ref...

Money Magazine: TAX REFORM'S SNEAKY STATE SECRETupdated: Wed Oct 01 1986 00:01:00

Taxpayers in 35 states may get more than they expected from the revised U.S. tax code. The unbidden surprise: higher state income taxes. The biggest losers, says the National Association of State B...

Fortune: HOW TO CATCH TAX CHEATERS A consumption tax would help bring the underground economy within the grasp of the IRS.updated: Mon Mar 17 1986 00:01:00

Between now and April 15, millions of Americans will sit down to wage their annual battles with the Internal Revenue Service and their consciences. They will marshal their W-2 forms, bank statement...

Fortune: THE INTERNATIONAL 500 THE WORLD SHIFTS TO A SLOWER TEMPO updated: Mon Aug 19 1985 00:01:00

The American economy is shifting from a high-speed hustle to a sedate waltz, and the effects will be felt worldwide. Last year's roaring growth produced something for everyone. The recovery remaine...

We recommend