Taxpayers’ public pension nightmares are worse than they seem, and local governments face the prospect of tax increases or even bankruptcies caused by mounting levels of pension debt.Read More →
Albuquerque is on the short list for a proposed $5 billion battery factory for Tesla Motors, Inc., the maker of electric cars that cost more than $70,000 apiece.Read More →
EDITOR’S NOTE: This story was updated Feb. 27.
By Jon Street | Vermont Watchdog
BURLINGTON, Vt. — After rolling up nearly $50 million for a telecommunications system less than 10 percent of the population uses, Burlington is asking its taxpayers for $7.3 million more.
The city has two unpleasant choices: dumping the debt directly onto the tax rolls or defraying some of [...]
By Eric Boehm | Watchdog.org
The U.S. Department of Labor handed over $275,000 in taxpayer-funded grants in 2009 to an organization that claimed to be a charitable nonprofit with tax-exempt status from the Internal Revenue Service.
But that organization was not officially certified as a 501(c)3 charitable nonprofit until 2010, documents show.
The Restaurant Opportunity Center, or ROC-United, [...]