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Vermont repeats annual overspending ritual with House-OK’d budget

By   /  March 27, 2015  /  Budget and Spending, Finances, Issues, News, State Budgets, Vermont  /  No Comments

Photo by Bruce Parker

The Vermont House of Representatives on Thursday voted for a budget plan that praises sustainable spending but violates it yet another year.

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Nine of Pennsylvania’s 10 largest cities have more pensioners than workers

By   /  March 24, 2015  /  Budget and Spending, Finances, Issues, Local Government, News, Pennsylvania, Pensions, State Government  /  No Comments

retirementpensions

By Eric Boehm | Watchdog.org
Meet the new poster child for Pennsylvania’s municipal pension problems.
York is a mid-sized city of 43,000 residents in central Pennsylvania near the state’s southern border that’s facing more than $64 million in pension-related debt.
In next year’s budget, York will be expected to pay more than $10 million toward the retirement fund […]

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Disgraced state senator may get taxpayer-funded pension instead of conviction

By   /  March 23, 2015  /  Ethics, Finances, Legislature, New Mexico, Politics & Elections, Power Abuse, State Government  /  No Comments

AP file photo

State Sen. Phil Griego, D-Santa Fe, resigned before the Senate could censure him for using his office to profit in a shady real estate deal. If he is not convicted of a felony — and neither the DA nor the AG have moved to prosecute — he will receive an $18,000 annual legislative pension for the rest of his life.

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Taxpayer money fights booze, tobacco while backing liquor, cigarette stores

By   /  March 23, 2015  /  Colorado, Federal Government, Finances, Misuse of funds, News, Oklahoma  /  No Comments

Photo Courtesy of FreeImages.com

States spent about $38 million last year fighting tobacco addiction, and tobacco use costs the economy $289 billion a year in medical costs and lost productivity, according to the Centers for Disease Control.

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Solar and wind energy pack a wallop — in federal subsidies

By   /  March 20, 2015  /  Energy and Environment, Federal Government, Finances, National  /  No Comments

Photo from Flickr Commons

A study by the nonpartisan Energy Information Administration shows that the solar and wind industries receive the most in federal subsidies among energy sources.

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Union lobbyist who worked one day as a teacher suing Illinois over $30,000 pension

By   /  March 19, 2015  /  Education, Finances, Illinois, Lobbying, News, Pensions, State Budgets, State Government  /  No Comments

Shutterstock image

After working one day as a substitute teacher in Illinois, David Piccioli could be entitled to an annual pension of more than $30,000.

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