Heartland Newspapers - Fiscal

GASB Closing Loopholes that Created Illusions of Pensions Solvency

Ed Ring
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March 20, 2013
What if most of the public employee compensation enhancements of the past decade or more in California were based on inaccurately optimistic government financial statements?

Gains, Pains in Federal Budget Proposals

Doug Kellogg
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March 19, 2013
Taxpayers have cause for celebration or consternation, depending on which of two recent Congressional Budget Resolutions they read – and, what parts of each they read.

Illinois Promised Billions in Federal Tax Dollars in Return for Medicaid Expansion

Benjamin Yount
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March 15, 2013
The federal government is promising billions if Illinois expands its Medicaid program under President Obama’s health law, but some lawmakers are wary about the fine print.

‘Untold Millions’ Stolen from Pennsylvania Turnpike, Attorney General Says

Eric Boehm
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March 14, 2013
Three former top officials at the Pennsylvania Turnpike Commission and a former state senator ran a political scheme that resulted in “untold millions” of taxpayer dollars being misused and stolen,

Critics Slam Unfairness of ‘Marketplace Fairness Act’

Matthew Glans
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March 12, 2013
New legislation that would significantly change how customers of online retailers are taxed is being considered in Congress.

PA Lawmakers Mull Pension Bonds To Fix Funding Problems

Eric Boehm
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March 12, 2013
Sometimes the cure can be worse than the disease.

Judge Saves Big Drinks in Big Apple

Steve Stanek
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March 11, 2013
  A ban on large sugared drinks that was to take effect in New York City on March 12 was struck down by a Manhattan state Supreme Court Justice on March 11.

SEC, Illinois Settle Fraud Case Centering on Pensions Reporting

Steve Stanek
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March 11, 2013
Illinois government officials have announced a settlement of securities-fraud charges the Securities and Exchange Commission filed after an investigation that began last fall.

364 Billion Ways the Government Wastes Your Money

Gary Baise
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March 07, 2013
This blog originally appeared at FarmFutures.com and is reprinted here by permission. To see more of Gary Baise's insights, visit the website. By Gary Baise

South Dakota, Utah Join Rush for Exits at Multistate Tax Commission

Joseph Henchman
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March 06, 2013
South Dakota Gov. Dennis Daugaard (R) has signed legislation withdrawing his state from the Multistate Tax Commission (MTC).
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