We may need ‘helicopter money’ to fight the next downturn: report

August 23, 2019 | The Fiscal Times

The next recession will call for unprecedented coordination of fiscal and monetary policy in the U.S. and other advanced economies, according to a new report from the BlackRock Investment Institute.

Leaning on the land

August 23, 2019 | Governing

The Market-Frankford rail line curves past an empty lot in Millbourne, Pa., a piece of land that marks both the rise and fall of the small borough just west of Philadelphia. 

Survey says … Lightfoot’s budget will be loaded with hard choices

August 23, 2019 | Chicago Tribune

It notes there are vast swaths of government activity that aren’t part of the city’s budget, even if we do hold the mayor accountable for them: the Chicago Public Schools, the Chicago Housing Authority and the CTA, just for starters.

Pennsylvania’s fiscal health: Current status and recommendations for improvement

August 23, 2019 | Mercatus Center, George Mason University

Good morning, Representative Grove and members of the York County Legislative Delegation.

A cautionary tale for public pension plans considering a move to DC

August 23, 2019 | SEI

Maintaining the Defined Benefit (DB) plan can be the most cost effective option for public pension plans in the long run despite funding shortfalls.

Cut the payroll tax

August 23, 2019 | National Review

 

It would help workers and guard against an economic slowdown.

Payroll tax cut would destroy Social Security and Medicare

August 23, 2019 | Washington Examiner

If President Trump actually proposes to cut the payroll tax in order to ward off a recession, Congress ought to ignore the scheme without a second thought.

Court: Electoral College members not bound by popular vote

August 23, 2019 | Yahoo Finance

A U.S. appeals court in Denver said Electoral College members can vote for the presidential candidate of their choice and aren't bound by the popular vote in their states.

FASAB releases interpretation of cleanup cost liabilities standard

August 22, 2019 | Accounting Today

The Federal Accounting Standards Advisory Board has issued an interpretation of some recent standards involving cost provisions among multiple entities who are liable for cleanup costs.

total liabilities

Note 13: Environmental and Disposal Liabilities

August 22, 2019 | Financial Report of the US Government

During World War II and the Cold War, DOE (or predecessor entities) developed a massive industrial complex to research, produce, and test nuclear weapons.

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