These soon to be taxpayer liabilities are connected to the already existing $1 trillion in pension shortfalls state & local governments have
Cracks in the Illinois pension system are now starting to turn into breaks.
States spending on medicaid is growing bigger and ways to fund it are becoming more creative.
The State of Illinois just recently borrowed $6 Billion to pay past due bills of its $17 Billion backlog. Continue reading →
Medicaid expansion via Obamacare is eating up revenue in Ohio’s budget. Now Governor Kasich, who at one time called himself a “conservative”,
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 →
As the City of Indianapolis becomes more progressive politically, physics of economics may impede this philosophy. Continue reading →