By Paul Brennan | Iowa Watchdog
DES MOINES, Iowa — There’s good news and bad news in the new state budget.
First, the new state budget spends $171 million more than it takes in during the coming year.
Weirdly, that’s the good news.
“This is a sustainable budget. This is a budget making good progress,” State Auditor Mary Mosiman [...]
For a cool $1.7 billion, the Twin Cities could have a third light rail operating by 2018.Read More →
We’ll take pension reform for a thousand.
Make no mistake, Mississippi is playing “Jeopardy” with its retirement fund.Read More →
Sweetheart deals don’t get any better than this.
A 10-year contract with no competition gets a two-year extension, even before the contract expires.Read More →
Words can be a tricky thing, with different meanings in different scenarios.
Take, for example, the word “deficit.” Now, nearly anyone can tell you what in means in reference to, say, the federal government. And most who know the basics of the Kansas Constitution will tell you the state is forbidden from running a fiscal deficit.
But you wouldn’t know that listening to the political chatter as of late.Read More →