Posted on September 3, 2010
U.S. cities facing rising debt, pension payments and budget holes, are taking extraordinary measures to maintain solvency, including selling assets, defaulting on payments and re-negotiating union contracts.
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Posted on September 2, 2010
Wilson pushes pension under funding as "largest financial problem;" DiNapoli says pension fully funded despite decline.
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Posted on September 2, 2010
By Joe Jordan
Despite an avalanche of financial problems at Omaha City Hall, State Senator Brad Ashford of Omaha says he’s against recalling Mayor Jim Suttle. Instead, Ashford is pushing for a merger of City-County government, with a countywide Mayor, to fix a mess of higher taxes, increasing pension costs, and cuts in services.
In an interview with Nebraska Watchdog, Ashford says a [...]
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Posted on September 2, 2010
MacIver News Service
[Milwaukee, Wisc...] Although they were able to recall some laid off teachers courtesy of the latest federal bailout, Milwaukee Public Schools’ spending practices continue to come under scrutiny.
Some of the more interesting expenditures are highlighted, above. They include:
$450 for the rental of a ‘bounce house’
$4,000 for youth and adult martial arts, Yoga [...]
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Posted on September 2, 2010
Jessica Anderson
This is the second of a three part series examining the new president of the University of North Carolina Thomas Ross.
Part 1: Ross speedily confirmed as President of UNC System, ACORN ties and all
Thomas Ross, while the head of the Z Smith Reynolds Foundation, steered over $280,000 to Planned Parenthood from 2001-2007 [...]
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