Tag: budgets
Tag: budgets (page 2)
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California Legislature Has Fate of State in its Hands | FlashReport.org
California Legislature Has Fate of State in its Hands | FlashReport.org By: Katy Grimes The California Legislature will be back in business on Monday Jan. 7. As the…
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No Snake Oil, Life is About Incentives
By Jonathan Small, CPA Many have heard the saying, “You reap what you sow.” This is an undeniable fact of life, reality. Essentially, this saying means that productive…
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Test Scores Decline Despite Increased Education Spending
Employment in America’s K-12 public school system has increased rapidly since the 1950’s. Interestingly, this growth in the number of teachers and public school employees has significantly outpaced growth in…
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Stopping State Bailouts, Before They Start
First it was Wall Street, then it was General Motors, and now some expect that individual states will also seek a financial bailout from the federal government. Today, the…
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The Pension Reform Battle in California
The unfunded liabilities that stretch across states and municipalities has transformed from a major problem into a full blown crisis. Stockton, CA recently filed for bankruptcy along with…
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ALEC works with lawmakers
ALEC op-ed in the San Francisco Chronicle this morning. “While Washington has become gridlocked and largely ineffective, the real legislative action is happening at the state level. Why? Because…
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Inside ALEC Takes on Taxes
“No government ever voluntarily reduces itself in size. Government programs, once launched, never disappear. Actually, a government bureau is the nearest thing to eternal life we’ll ever see on this…
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Kansas Policy Institute: Debunking Junk Economics
When looking at a state to state comparison, measurement is everything. Correct measures to test a state’s prosperity must be used to determine the actual economic growth (or non-growth) a…
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An Expensive Year for Government
The Cost of Government Center (CGC) is part of the Americans for Tax Reform Foundation, a non-profit group that promotes flatter, simpler and lower taxes across the US. CGC…
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Unfunded pension liability worse than expected
The issue of state pension sustainability has been a cause of major concern ever since the 2008 recession took a severe toll on pension investment portfolios. State Budget Solutions,…
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A False Choice in Illinois
This Friday, the Illinois General Assembly will convene a one-day special session to address the state’s overwhelming pension liability. Illinois faces a pension funding crisis of at least $83 billion…
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The Avoidable Bankruptcy Catastrophe
Bankruptcy has become a real danger to municipalities that choose not to address their fiscal problems. And for most, the problem at the top of the list is unfunded pension…
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Taxpayers Flee Maryland
A recent study by the non-partisan group Change Maryland is garnering significant attention after finding more evidence that the state’s wealthiest residents are being driven out by excessive personal…
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Taxes Don’t Matter? The Return of Junk Economics
The Detroit News published an opinion editorial today from ALEC’s Tax and Fiscal Policy Task Force Director Jonathan Williams on state tax increases, debunking the myth that taxes don’t…
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Deep Blue Pension Reform
It’s no secret that America’s pensions are a major cause of fiscal stress across the country. According to a report last year from State Budget Solutions, most analysts agree that…
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“A Destructive IRS Mandate”
ALEC Alumni Senator Rubio and Representative Posey write in the Miami Herald: The U.S. Treasury is proposing an IRS mandate that will require U.S. deposit institutions such as banks…
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Balancing the Federal Budget Can Start in the States
Time is running out. Our nation is trillions of dollars in debt without a credible plan to stop spending. The battle in Congress has escalated to a point where…
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Priority-Based Budgeting: Protecting Taxpayers
By Patricia Cuadros Back in October 2011, Governor Jerry Brown vetoed a performance audit bill from the California state legislature, calling it the “siren song of budget reform”. Soon…
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Budget Transparency Increases Accountability in State Government
States that implement budget transparency provide the public with information on state spending in an effort to promote transparency and accountability in government. Budget transparency encourages fiscal responsibility and…