Improper payments along with duplicate spending could push the total to around $350 Billion. Continue reading →
Category / debt
REPORT: Local & State Pension Funds Losing Money
Local and state government employees better brace for pension cuts.
Half of the State of Ohio’s Budget Goes To Medicaid
Medicaid expansion via Obamacare is eating up revenue in Ohio’s budget. Now Governor Kasich, who at one time called himself a “conservative”,
City Governments Are Facing Serious Debts
Few years ago, a little unknown accounting rule was enforced across America’s state and local municipalities. Continue reading →
Poll: Majority Worried About National Debt
One government topic always buried is our national debt. Media may ignore it, but voters are not. Continue reading →
Should the State of Illinois File Chapter 7 Bankruptcy?
Economic Policy Journal posted a video by political pundit Dick Morris. The video is almost 4 minutes long, but gives two rational options Continue reading →
Budget Shock: 50% of Louisiana Government Spending is Medicaid
More news on the out of control Medicaid spending within states keeps rolling out. This one is out of Louisiana. Continue reading →
City Board Members of Terre Haute May Face Criminal Prosecution
Under a new law enacted in Indiana, city officials and school board members who don’t use proper accounting rules to fix their debt, face possible misdemeanor charges and loss of office. Continue reading →
How One Billionaire NBA Sports Owner Is Taking Tax Dollars From Poor Cities
I love professional sports, but their financial dealings are getting unethical and starting to really hurt taxpayers. Continue reading →
Dow Jones in 1987
Today, the Dow Jones is over 21,000 points. 30 years ago it was much lower….way lower. Continue reading →
Hoosier Econ 