In Dallas politics, telling the pigs from the socialists

Jim Schutze | Dallas Observer | February 27, 2020

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

Sheila Weinberg | Accounting Today | February 26, 2020

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.

Do higher home values equal more homelessness?

Madison Randolph | February 26, 2020

It's not as simple as you might think

New Orleans bourbon street

Happy Mardi Gras

Kate Brennan | February 25, 2020

Mardi Gras offers a huge economic boost to New Orleans every year. According to a 2015 study conducted by Tulane economics professor Toni Weiss, in just one weekend the city brings in $164 million, and $465 million throughout the whole year.

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

Mark Tapscott | The Epoch Times | February 25, 2020

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

Olivia Peterkin | Pacific Business News | February 25, 2020

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

Elizabeth Bauer | Forbes | February 24, 2020

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

Chris Butler | The Tennessee Star | February 21, 2020

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

Bethany Blankley | The Center Square | February 21, 2020

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

Mark Tapscott | The Epoch Times | February 19, 2020

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’

Cecilia Iglesias | Voice of Orange County | February 19, 2020

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

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

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.

231 local tax hikes and bond measures on California ballots March 3

Bethany Blankley | The Center Square – California | February 17, 2020

The California Taxpayers Association (CalTax) published a list of 231 local tax and bond measures that will appear on the March 3 presidential primary ballot.

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