Rogue agency defied judges to carry out partisan probe of Wisconsin conservatives

As pump prices tumble, states feel pinch of lower oil prices

By   /  December 17, 2014  /  Alaska, Energy and Environment, Finances, New Mexico, North Dakota, Oklahoma, State Budgets, State Government, Texas  /  No Comments

Roxana Valverde

Crashing prices at the pump is good news for drivers but could prove to be a problem for budgets in states that rely heavily on oil and gas revenue.

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Interns parody ‘All About That Bass,’ Congress rewards NASA with $360-million budget boost

By   /  December 16, 2014  /  Budget and Spending, Congress, Federal Government, Finances, Government Waste, Mississippi, National, News  /  No Comments

NASA Interns

By Eric Boehm | Watchdog.org
Congress handed NASA a $360-million raise in the recently passed federal budget bill, and it’s a good thing too.
Because NASA is clearly doing some really important work with its nearly $18-billion annual budget.
Last week, just as Congress was finalizing the details of the so-called “Cromnibus” bill, a $1-trillion spending plan to […]

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Pennsylvania pension costs to climb by $466 million next year

By   /  December 5, 2014  /  Budget and Spending, Finances, News, Pennsylvania, Pensions, State Budgets, State Government  /  No Comments

GETTING WORSE: The state budget will continue to be squeezed by increasing pension costs. (Source: Governor's Budget Office)

Lawmakers and governor-elect Tom Wolf will head into next year’s budget process with lots of new obligations to fulfill and little excess revenue with which to do it.

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Property tax levies climb despite increased state aid

By   /  December 4, 2014  /  Budget and Spending, Finances, Legislature, Local Government, Minnesota, News, State Government  /  No Comments

City Photo

Minnesota legislators boosted the local government aid program for cities by $80 million in 2013 and sold it as a slam dunk toward lowering property tax levies.

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Report: Colorado schools, cities have $10 billion in hidden pension liability

By   /  December 3, 2014  /  Colorado, Finances, Local Government, Pensions  /  No Comments

Photo by Arthur Kane

Colorado’s schools and governments have about $10 billion in hidden pension and health-care benefit liability, a “sinkhole” that could cost many individual taxpayers $10,000 or more to fill, a report from the Chicago-based nonprofit Truth in Accounting found.

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How unions and council members derailed Phoenix’s efforts to stop pension abuse

By   /  November 28, 2014  /  Arizona, Budget and Spending, Finances, National, News, Pensions, Politics & Elections  /  No Comments

Source: Wiki Commons

Cities and states across the country are facing a difficult financial future because of growing pension obligations.

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