February 26, 2013

U of I President: Sequester Could Hurt Research Funding

University of Illinois officials are waiting to see exactly how the federal budget sequestration will affect their research programs. But university President Robert Easter said they stand to lose $65 million out of their $813 million research budget.


February 25, 2013

Indiana House Approves $30B GOP Budget Plan

The Indiana House has approved a $30 billion budget that includes an additional $700 million for roads and schools than was originally sought by the governor.


February 25, 2013

Indiana House Set to Vote on GOP Budget Plan

Republicans who control the Indiana House are poised to advance a budget plan that leaves out the 10 percent income tax cut sought by Gov. Mike Pence in favor of more spending on schools and roads.


February 25, 2013

New Report Shows Illinois’ Finances Could Go from Bad to Worse

A new report projects Illinois’ state budget will go from bad to worse if legislators don’t address some key issues. If things stay as they are, Illinois can expect to see more money devoted to rising pension costs and more bills go unpaid, according to a new report by The Civic Federation, a financial watchdog group.


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