budget

Budget request uncovers mismanagement of Alaska Medicaid

(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.

Can a higher income tax close the deficit?

(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.