As questions regarding Social Security issues are raised methods of dealing with them, that include raising the retirement age and payroll taxes, are being floated. This year Social Security paid out more than it received, and predictions say it will only continue.
(Kansas Policy Institute) As revenues decline, local government is faced with the decision to raise taxes, which could risk citizens leaving for better tax structure, or trim and cut government growth. Better budget information could make the decision easier.
The Mercatus Center at George Mason University takes a serious look at state budgets and the inflation of them caused by gimmickry, fiscal evasion, and fiscal illusion; all common practices which pass extra costs off to taxpayers.
A common claim by Michigan’s public school establishment and its political allies is that, despite spending $20 billion annually on education, our schools are “underfunded.”
(AlaskaWatchdog.org) After several years of internal discussion and organization, the Legislative Finance Division has completed a project that adds more than $750 million into the General Fund in an effort to simplify State finances.
A $23 billion education stimulus under consideration would save 250,000 teaching jobs, something the original ARRA should have done. Instead the funding was used to create more non-teaching positions.
(The Heritage Foundation) As Medicaid prepares for a massive swarm of new enrollees House Democrats urge their colleagues for more federal funding to keep the program afloat.
As long as Alaska receives Federal funding for education and transportation, “maintenance of effort” (MOE) stipulations would prevent the State from making budget cuts in those areas.
(KTUU) Patients and staffers at Anchorage’s veterans’ clinic have waited two years for this day: the opening of their new building on North Muldoon Road. Less than seven miles from the site of the new crime lab, the new clinic measures 184,000 square feet, but with a price tag that should make Alaska policymakers take notice.
(Pittsburgh Tribune-Review) Before trillions more of our dollars are wasted in a vain effort to control the weather 100 years from now, our leaders should be much more certain that human activities are […]
(Fairbanks Daily News-miner) The state suspended, for one year ending in mid-2009, a school-focused Medicaid reimbursement program after muddy financial reporting raised red flags with federal agencies. The Department of Health and Social Services has asked for a legislative OK to balance its books by $7 million to try to resolve past budgeting issues within the program.
(Education Week) Eleven Wisconsin school districts want nothing to do with a highly touted federal grant program that could direct thousands of dollars to their classrooms.
(The Tax Foundation) The trouble with political discourse about the federal deficit is that voters are often numb to the subject, and as a result, politicians are able to avoid the unpopular votes for cutting spending or raising taxes. Whether deficits are expressed in hundreds of billions of dollars or percentages of GDP, their importance is hard for leaders to convey or for the public to grasp.
(Washington Policy Center) As traffic congestion and the financial and environmental costs of commuting continue to rise, a once overlooked transit alternative has quietly become an effective option for many motorists: vanpooling. Instead […]
(Cato Institute) Michigan should be grateful the federal government allocated only $244 million to the Detroit-Chicago high-speed rail corridor. To qualify for the really big federal rail grants, California and Florida agreed to […]
(Washington Policy Center) Washington lawmakers again face a multi-billion dollar budget deficit, meaning they will either increase the amount of money they collect from citizens each year, or re-evaluate the way they deliver […]