State & Local Governments Are Hiding $645 Billion Of Pension Debt

These soon to be taxpayer liabilities are connected to the already existing $1 trillion in pension shortfalls state & local governments have

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Town In Illinois Starts Laying Off Police Officers & Firemen Because Of Pension Crisis

Cracks in the Illinois pension system are now starting to turn into breaks.

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Oklahoma Has To Use Tobacco Settlement Money To Cover Medicaid Spending

States spending on medicaid is growing bigger and ways to fund it are becoming more creative.

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Deadbeats: State of Illinois Has Almost $1 Billion In Late Fees From Unpaid Bills

The State of Illinois just recently borrowed $6 Billion to pay past due bills of its $17 Billion backlog. Continue reading →

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”,

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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 →