Nevada’s debt a ‘sinkhole’ for its taxpayers

By   /  September 5, 2014  /  Budget and Spending, Finances, Nevada, Pensions, State Budgets, Taxes, Watchdog Citizen News  /  No Comments

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According to a report, Nevada has nearly $2.7 billion in debts it does not have the assets to pay, leaving the state an average taxpayer burden of $3,100.

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Unfunded retirement liabilities a looming disaster in North Carolina

By   /  September 3, 2014  /  Finances, Health Care, North Carolina, State Budgets, Watchdog Citizen News  /  No Comments

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According to a report by Truth in Accounting, unfunded retirement pension and health care liabilities together make up over half of North Carolina’s debt.

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Ex-Im Bank scores poorly on transparency for taxpayer-subsidized loans

By   /  September 1, 2014  /  Accountability, Federal Government, Finances, Issues, National, News  /  No Comments

Source: Government Accountability Office

By Eric Boehm | Watchdog.org
MINNEAPOLIS — The Export-Import Bank puts billions of taxpayer dollars at risk to subsidize purchases by overseas companies, and it doesn’t do a good job of making those transactions transparent, either.
The Government Accountability Office whacked the Ex-Im bank in a report released last week for shoddy record-keeping and oversight of three [...]

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Open your wallets: Debt in Wisconsin costs each state taxpayer $4,400

By   /  September 1, 2014  /  Finances, News, State Budgets, Wisconsin  /  No Comments

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By Adam Tobias | Wisconsin Reporter
MADISON, Wis. — A lavish home entertainment system. A reliable used car. A trip to Europe. Braces for your child. A semester at the University of Wisconsin-Madison.
Those are all things expected to come with a price tag of $4,400.
But that amount is also what each Wisconsin resident would have to [...]

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Indebted Virginia economy needs ‘reboot’

By   /  August 25, 2014  /  Finances, News, State Budgets, Virginia  /  No Comments

OFF BALANCE: Virginia's debt is going through the roof, putting the state's economy at risk.

Not long ago, Virginia was considered to be in the pink of economic health. That diagnosis has turned dark red as the state and its municipalities pile up debt.

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Political group alleges Dane County DA violated campaign finance laws

By   /  August 21, 2014  /  Campaign Finance, Elections, Finances, News, Transparency, Wisconsin  /  No Comments

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The Citizens for Responsible Government Network didn’t want to sit on its hands and wait for a politically charged John Doe investigation that likely would never come.

So the Milwaukee grassroots political watchdog has filed a petition of enforcement with the Wisconsin Department of Justice alleging one of the area’s top law enforcement officials has violated state campaign finance laws.

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