funds

School choice scholarships pick up steam in Virginia

By   /  January 29, 2015  /  Economy, Education Blog, News, Politics & Elections, State Government, Virginia  /  No Comments

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Virginia has long received poor marks for its approach to school choice. Those marks, however, could be ready to trend upward.

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Audit: Virginia’s Emergency Management has internal disasters to fix

By   /  July 15, 2014  /  News, State Government, Virginia  /  No Comments

EMERGENCY: The Virginia Department of Emergency Management has a bit of a fiscal emergency itself to manage.

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.

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PA House budget includes $4 million bump for lawmakers

By   /  May 29, 2013  /  News, Pennsylvania  /  No Comments

BUDGET SEASON BEGINS: On Wednesday, House Republican leadership introduced their budget proposal for 2013-2014.

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 […]

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Twice as lousy: WI may duplicate useless SBA program

By   /  May 14, 2013  /  Economy, News, Wisconsin  /  2 Comments

capitol dome

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.

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Adviser to Virginia governor predicts ‘train wreck,’ resigns

By   /  March 8, 2013  /  Budget and Spending, News, State Government, Virginia  /  No Comments

'TRAIN WRECK': That's where Virginia is headed with its new tax-raising transportation bill, says the economist who resigned from Gov. Bob McDonnell's Joint Advisory Board of Economists.

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 […]

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WI taxpayers beware: Lessons of a troubled venture capital past

By   /  February 15, 2013  /  Accountability, Budget and Spending, Economy, Legislature, News, Politics, State Budgets, State Government, Taxes, Wisconsin  /  2 Comments

As Wisconsin lawmakers consider another venture capital plan, lessons from the past may serve as warnings for the taxpayers who would have to pay for it.

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.
But […]

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