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liz-farmer

Liz Farmer

Liz Farmer, who formerly covered fiscal policy as a Governing staff writer, helps lead the Pew Charitable Trusts’ state fiscal health project’s Fiscal 50 online resource, focusing on budgets, fiscal distress, tax policy and pensions. A former research fellow at the Rockefeller Institute of Government’s Future of Labor Research Center, Farmer holds a bachelor’s degree in American history, film and television production from George Washington University and a master’s in journalism from the University of Maryland.

The lawsuits, which are the first against a credit ratings agency in connection with the economic meltdown, were a coordinated effort between states and feds who have historically clashed over who fights financial fraud.
Michigan Gov. Rick Snyder’s $50.9 billion budget proposal this week included stocking away more savings while spending more on education, roads and heath care.
Sometimes it’s not good to be the king. And in California, higher earners are feeling a little put upon.
The national economy will see some improvement in the coming years but the back half of the decade will be characterized by a looming debt burden and growing federal deficit under current economic policy, a new outlook report from the Congressional Budget Office says.
Washington, D.C.’s longtime Chief Financial Officer announced his retirement Friday, just days after the city reported one of its largest budget surpluses in recent memory.
Kentucky’s finances received a blow late Thursday after Standard & Poor’s rating service downgraded the commonwealth’s outlook to negative from stable.
The loudest collective rallying cry from governors this year is not over the usual themes of growing jobs and having a more competitive economy. This year, the buzz is all about the race to zero.
Some say one of the biggest misconceptions about public retirees is that pensions are making people rich.
Some experts are saying that states should take a more active role in municipal finances even with an improved outlook for city finances in 2013.
The District of Columbia announced a $417 million surplus for its 2012 fiscal year, the highest surplus in recent memory and setting up an immediate fight between leaders on saving versus spending the money.