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.Read More →
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 […]
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.Read More →
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.Read More →
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.Read More →
Cities and states across the country are facing a difficult financial future because of growing pension obligations.Read More →