In Dallas politics, telling the pigs from the socialists

February 27, 2020 | Dallas Observer

Are you a socialist if you don’t want families to get blown up in gas well explosions? Is it socialism to try to get your city to live within its means?

Government financial planning with inaccurate financial information

February 26, 2020 | Accounting Today

Accountants assist clients with financial plans based upon the information their clients provide. Some clients might tell their accountants that they made money last year and have a large reserve. Other clients might be deep in debt and need a new financial plan. But even the best-designed plan will not work if the accountants are not given accurate information.

National debt isn’t $23 trillion, it's $122 trillion, group says

February 25, 2020 | The Epoch Times

America’s current national debt stands at roughly $23.3 trillion, according to the U.S. Treasury Department’s “Debt to the Penny” website, which is so precise that visitors can pick a specific date in the recent past—say Jan. 1, 2000—and get the exact amount on that day: $5,776,091,314,225.33.

Report: Honolulu among cities with the biggest tax burden in the US

February 25, 2020 | Pacific Business News

Honolulu is one of four cities in the United States that received an F grade due to the high tax burdens of its residents, a recent analysis from Truth in Accounting, a nonprofit finance organization, found.

The bottom line: Illinois’ public pension debt is a moral issue

February 24, 2020 | Forbes

Earlier this week, President Donald Trump granted clemency to former Illinois Gov. Rod Blagojevich, who was eight years into a 14-year federal sentence for corruption charges. 

National organization gives Memphis and Nashville low grades on fiscal health

February 21, 2020 | The Tennessee Star

According to the report, Memphis is one of 27 cities to receive a C grade for its financial condition.“Memphis’ elected officials have made repeated financial decisions that have left the city with a debt burden of $743.9 million,” according to the report.

President’s budget plan aims to cut budget deficit by $4.6 trillion in 10 years, balance budget in 15

February 21, 2020 | The Center Square

President Donald Trump’s $4.8 trillion budget proposal presented to Congress today boosts funds for the military and veterans and implements mandatory reforms for all agencies in an attempt to cut the deficit by $4.6 trillion over the next decade

Bipartisan coalition unites behind first federal financial management reform since 1990

February 19, 2020 | The Epoch Times

This legislation will lead to better financial and performance data and increase accountability in government programs and operations. This will help improve government-wide financial management and ensure taxpayer dollars are safeguarded.”

New slogan for Santa Ana police union boss: ‘To protect and serve – himself’

February 19, 2020 | Voice of Orange County

Since that vote, Serrano has made a series of bogus complaints against me. When he tells you that city, county and state officials have failed to act on these complaints, what he means is that neutral legal experts declared them groundless.

The ugly truth

February 18, 2020 | The News-Gazette (Illinois)

Last month, Gov. J.B. Pritzker presented his annual State of the State address in which he contended, among other things, that the state is doing well and balancing spending with revenues.

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