Mississippi pension fund heads for final ‘Jeopardy’

By   /  July 21, 2014  /  Budget and Spending, Mississippi, National, News, Pensions, State House, State Politics, State Senate  /  No Comments

PERS

We’ll take pension reform for a thousand.

Make no mistake, Mississippi is playing “Jeopardy” with its retirement fund.

Read More →

One-vendor broadband contract represents sweetheart deal

By   /  July 17, 2014  /  Budget and Spending, Economy, Mississippi, Public Utilities, Uncategorized, Wasteful spending  /  No Comments

Eagle-NET is providing unfair competition to smaller companies, critics say

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 →

Kansas think tank argues truth being twisted in deficit warnings

By   /  July 15, 2014  /  Budget and Spending, Kansas, News  /  No Comments

fingers crossed

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 →

Lobbyists keep Export-Import bank alive despite economists concerns about cronyism

By   /  July 7, 2014  /  Budget and Spending, Business, Economy, Federal Government, Finances, Issues, National, News  /  No Comments

TRUCK LOADS OF CORPORATE WELFARE: The Export-Import Bank uses American tax dollars to subsidize loans to foreign companies so they will buy American goods - but it's turned into a scheme to benefit politically well-connected companies.

By Eric Boehm | Watchdog.org
For four years running, Gina Rinehart has been ranked the richest person in Australia.
This year, her estimated net worth exceeds $20 billion, though that’s down a bit from an estimated $29 billion net worth in 2012, according to Business Review Weekly, which tracks the richest people in the Land Down Under.
Hancock [...]

Read More →

Senate backs higher cigarette tax to pay for Philly schools

By   /  July 1, 2014  /  Budget and Spending, Issues, News, Pennsylvania, State Budgets, State Government, Taxes, WatchBlog  /  No Comments

CIGARETTE TAX: The Philadelphia School District says it needs revenue from a new tax on cigarettes, or schools won't open in September. It's unclear whether they will get what they seek.

By Eric Boehm | PA Independent
Smokers in Philadelphia soon could be paying extra taxes to support the city’s schools.
The state Senate on Monday approved an amendment that would allow the City Council to impose a $2 per-pack tax on cigarettes to generate an estimated $83 million for the cash-strapped School District of Philadelphia. School district [...]

Read More →

VA hospitals fund solar panels while veterans wait for doctors

By   /  June 27, 2014  /  Abuse of power, Arizona, Budget and Spending, Energy and Environment, Federal Stimulus, National, New Mexico, News  /  No Comments

AP photo

 
 
 
By Bre Payton and Tori Richards | Watchdog.org
Veterans Administration hospitals have spent at least $420 million on solar panels and windmills while vets wait months — or even lay dying — to see a doctor.
In total, VA hospitals reported 23 deaths due to 76 instances of delayed care, an April 2014 VA fact sheet said. Then on June [...]

Read More →