Facing opposition, group revises Las Vegas soccer stadium proposal

By   /  September 29, 2014  /  Budget + Tax, Budget and Spending, Local Government, Local News, Nevada, Watchdog Citizen News  /  No Comments

City of Las Vegas Handout

By Michael Chamberlain | WatchdogWire.com
After running into opposition during recent Las Vegas City Council meetings and town halls with residents, a group attempting to convince the Council to provide public funding for a Major League Soccer stadium is floating a new proposal to the xity.
The revised proposal would reduce the City’s risk by nearly $70 [...]

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NJ pension report bears bad news, but fails to bare abuses

By   /  September 26, 2014  /  Budget and Spending, New Jersey, News, Pensions, State Politics  /  No Comments

Photo by Tim Larsen, Governor's Office

New Jersey taxpayers will find plenty of bad news in the first report of the special commission Gov. Chris Christie appointed to study the $90 billion deficit in the state’s retirement system. Yet the findings ignored many of the weaknesses and abuses that have drained funds.

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Pennsylvania and Pittsburgh: A tale of two credit ratings

By   /  September 25, 2014  /  Accountability, Budget and Spending, Local Government, News, Pennsylvania, Pensions, State Budgets  /  No Comments

Pittsburgh's pension system is only 62 percent funded, but that's way better than it was just two years ago.

Pennsylvania just got slammed with its fourth credit downgrade in a little over two years. In contrast, Pittsburgh got an upgrade this summer. A local economist says that both still have substantive problems.

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Fully funded ed program would strain Mississippi budget

By   /  September 24, 2014  /  Budget + Tax, Budget and Spending, Economy, Government Waste, Legislature, Lobbying, Local Government, Mississippi, News, Politics, Regulations, School Choice, State House, State Lobbying, State Politics, Taxes, Wasteful spending  /  No Comments

Photo illustration by Steve Wilson

If the legislature is forced to fully fund the Mississippi Adequate Education Program, the state’s budget will be in disarray.

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Federal agencies often lose track of all that money, GAO audit finds

By   /  September 24, 2014  /  Audits, Budget and Spending, Federal Government, Federal Stimulus, Finances, Issues, National, News  /  No Comments

shutterstock_117948445

When anyone talks about government picking winners and losers, they usually mean the process in which officials hand out special favors to the politically connected.

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‘Simple’ bill would limit spending growth in Pennsylvania

By   /  September 23, 2014  /  Budget and Spending, News, Pennsylvania  /  No Comments

Shuttstock Image

Gov. Tom Corbett and his fellow Republicans in the state Legislature have done their best to slow spending over the past four years, but poll after poll indicates the thrifty governor probably won’t survive win re-election against Democratic challenger Tom Wolf.

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