November 18, 2014 – RALEIGH, N.C. North Carolina lawmakers are likely enjoying some downtime after the legislative session and midterm election, but experts predict a tough session waiting for them on their return to Raleigh. A report from the Office of the State Controller indicates tax revenues are down by almost $400 million compared with this same […]
There may be even bigger challenges coming. In addition to the likelihood the state will face another unpleasant revenue surprise in the spring, a pending court decision could obligate the legislature to add hundreds of millions of dollars a year to state aid to school districts. And bond rating agencies, which already downgraded the state’s […]
BY ANNA YUKHANANOVWASHINGTON Tue Nov 4, 2014 Reuters – The International Monetary Fund ignored its own research and pushed too early for richer countries to trim budgets after the global financial crisis, the IMFs internal auditor said on Tuesday. The Washington-based multilateral lender, concerned about high debt levels and large fiscal deficits, urged countries like […]
Great clip from the Daily Show about tax cut strategies gone wrong, prompting Kansas Republicans to endorse the Democratic opponent of Sam Brownback, the current Republican Governor. The Daily Show Get More: Daily Show Full Episodes,Indecision Political Humor,The Daily Show on Facebook
I just stumbled on this great list of resources from early this year, on a blog by Alison Stenning: Some really great blogs have emerged over the past few years as people have tried to document their own, and others’, struggles with austerity. There’s an article about some of these blogs here. These are some of the most interesting […]