Johnstown hands out excessive pensions as it deals with $24M in debt

By   /  April 14, 2014  /  Accountability, Featured, Finances, Issues, Local Government, News, Pennsylvania, Pensions, Pensions, State Government  /  No Comments

Johnstown_flood_1889

By Eric Boehm | PA Independent
Johnstown is deep in pension debt, but is handing out retirement payments in excess of what is allowed under state law.
A recent audit of the city’s four pension funds found more than $24 million in unfunded liabilities. Collectively, the four retirement accounts for the city’s police officers, firefighters, sewage workers [...]

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Tax mistakes hurt, especially when you pay someone to make them

By   /  April 14, 2014  /  Accountability, Federal Government, Finances, IRS, Issues, Judiciary, National, News, Tax Reform, Taxes  /  No Comments

BETTER OFF ON YOUR OWN: Taxes are confusing and complicated, and for good reason. But even the people paid to understand them can — and often do — make mistakes, the GAO found.

 
By Eric Boehm | Watchdog.org
Taxes are confusing and complicated.
That’s why millions of Americans hire someone to help them fill out the proper forms and, in theory, get the biggest refund possible from the federal government.
But even the people paid to understand them can — and often do — make mistakes, according to the Government Accountability Office.
A GAO [...]

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These ‘numbers’ might fix high deficits in New Jersey’s budget

By   /  April 4, 2014  /  Budget, Finances, National, New Jersey, News, State Budgets, State Government, State Politics  /  No Comments

smoking joint

By Mark Lagerkvist | New Jersey Watchdog
If the Garden State turns to pot, would some of the state’s budget woes go up in smoke?
New Jersey is facing a budget shortfall of $526 million through July 2015, a reoccurring crisis that’s become an annual drama in Trenton.
“In the words of New Jersey Hall of Fame member [...]

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VT lawmakers: Shumlin hiding information about single-payer plan

By   /  April 3, 2014  /  Accountability, Affordable Care Act, Capitalism, Ethics, Finances, Governor, Health Care, Issues, Legislature, News, Obamacare, Public records, State Budgets, State Politics, Taxes, Transparency, Vermont  /  No Comments

BUDGET BATTLES: Gov. Peter Shumlin's fiscal year 2015 budget proposal faces intense scrutiny

By Bruce Parker | For Vermont Watchdog
MONTPELIER, Vt. – State lawmakers on both sides of the aisle are accusing Gov. Peter Shumlin of hiding critical information about financing single-payer health care in Vermont.
“We have a governor who is violating the law,” state Sen. Joseph Benning, R-Caledonia, told Vermont Watchdog.
Benning, the Senate minority leader, said state [...]

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Three studies, three bad results for New Mexico

By   /  April 1, 2014  /  Education, Federal Government, Finances, New Mexico, News  /  No Comments

i quit

It’s been a rough week for New Mexico when it comes to national studies.

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