The state agency that manages responses to natural disasters has a little bit of an internal disaster to manage itself. The Virginia Department of Emergency Management has a pervasive internal fiscal management problem, allowing staff to make questionable use of their fuel charge cards, poorly control petty cash funds, and even spend way more than double the agency’s fiscal 2013 budget, according to a new state audit.Read More →
By Melissa Daniels | PA Independent
HARRISBURG — Among the $578 million spending increase Pennsylvania’s House Republicans propose for next year’s state budget is a cool $4 million bump for lawmakers themselves.
The $28.3 billion proposal, released Tuesday, is about $100 million less overall than what Gov. Tom Corbett proposed in February.
But Corbett’s plan keeps funding flat for Senate [...]
As Wisconsin lawmakers debate a new $25 million venture capital program, a similar, decades-old multi-billion dollar federal program goes untapped by Badger State venture funds.Read More →
ALEXANDRIA— Richard Rahn has a pithy summary of the last-minute legislation roaring down the tracks out of the Virginia General Assembly and into the governor’s office: “train wreck.”
Rahn, a globally recognized economist, resigned this week from Gov. Bob McDonnell’s Joint Advisory Board of Economists — a protest, he said, of the General Assembly’s proposal to raise taxes [...]
By Ryan Ekvall | Wisconsin Reporter
MADISON – Deep-pocketed investors in risky start-up businesses want Wisconsin taxpayers to protect them from losses in case their investments go sour.
Democratic and Republican leadership, including Gov. Scott Walker, appear to be willing to grant them that protection.
Editorial boards from Wisconsin’s major newspapers have wholeheartedly endorsed this investment high-wire act with a taxpayer safety net.