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Public Finance

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    May 8, 2013 |Story| Los Angeles Times

  1. The wrong way for Washington to avoid defaulting

    It's rare that the president explicitly pledges to veto a bill -- usually, the White House says the president's advisors would "recommend" a veto -- but that's what <a href="http://www.whitehouse.gov/sites/default/files/omb/legislative/sap/113/saphr807r_20130507.pdf">happened</a> Tuesday. The measure in question is HR 807, the Full Faith and Credit Act, by California Rep. Tom McClintock (R-Rocklin), which the House is expected to take up this week.
    It's rare that the president explicitly pledges to veto a bill -- usually, the White House says the president's advisors would "recommend" a veto -- but that's what happened Tuesday. The measure in question is HR 807, the Full Faith and Credit Act, by...

    Tags: Republican Party, White House, Barack Obama, Pfizer Inc., Elections

    2. May 7, 2013 |Story| Chicago Tribune

  2. Park Ridge mayor's vetoes overridden

    Before Park Ridge's new aldermen were sworn in and took their seats, the old city council ended on a familiar note: overriding Mayor David Schmidt's vetoes.
    Before Park Ridge's new aldermen were sworn in and took their seats, the old city council ended on a familiar note: overriding Mayor David Schmidt's vetoes. With identical 6-1 votes, aldermen of the previous council on Monday overrode Schmidt's vetoes...

    Tags: Finance, Politics, Economy, Business and Finance

    3. May 7, 2013 |Story| Los Angeles Times

  3. First, fix the tax code

    The federal government is expected to hit its statutory credit limit later this month, setting the stage for yet another battle between the Obama administration and the House GOP over raising the debt ceiling. Republican leaders of the House Ways and Means Committee <a href="http://lat.ms/18q649d">reportedly</a> want something new in return for raising the limit: an agreement to simplify the tax code and reduce rates. Lawmakers should know by now that it's self-destructive to play games with the debt ceiling, and that the brinkmanship that characterizes contemporary Washington politics needs to stop. On the other hand, reforming the tax code is a goal both parties can and should embrace.
    The federal government is expected to hit its statutory credit limit later this month, setting the stage for yet another battle between the Obama administration and the House GOP over raising the debt ceiling. Republican leaders of the House Ways and...

    Tags: Republican Party, Barack Obama, U.S. Congress, Energy Saving, Environmental Issues

    4. Mar 29, 2013 |Story| Los Angeles Times

  4. MOCA donations declined $270,000 in 2011-12

    Donations, the main financial power source for art museums, dropped again in 2011-12 at L.A.'s Museum of Contemporary Art, marking declines in each of the first two years of Jeffrey Deitch's tenure as museum director.
    Donations, the main financial power source for art museums, dropped again in 2011-12 at L.A.'s Museum of Contemporary Art, marking declines in each of the first two years of Jeffrey Deitch's tenure as museum director. This time, the fall — a $270,...

    Tags: Museums, Automotive Equipment, Manufacturing and Engineering, Los Angeles County Museum of Art, Economy, Business and Finance

    5. Mar 25, 2013 |Story| Los Angeles Times

  5. No debt agreement, no break

    With no deal in sight to curb our growing national debt, America is going broke. So what do our representatives in Congress plan to do about it? Take a two-week break. Are they trying to see whether their abysmal 13% approval rating can sink any lower?
    With no deal in sight to curb our growing national debt, America is going broke. So what do our representatives in Congress plan to do about it? Take a two-week break. Are they trying to see whether their abysmal 13% approval rating can sink any lower?...

    Tags: Patty Murray, Paul Ryan, John Boehner, Barack Obama, U.S. House Committee on the Budget

    6. May 2, 2013 |Story| Baltimore Sun

  6. Coppin to break ground on $80 million science center

    Coppin State University is moving forward with an $80 million Science and Technology Center that it hopes will boost sagging enrollment despite concerns that the West Baltimore school will not have enough money to operate the building.
    Coppin State University is moving forward with an $80 million Science and Technology Center that it hopes will boost sagging enrollment despite concerns that the West Baltimore school will not have enough money to operate the building. A ceremonial...

    Tags: U.S. Department of Education, Civil Rights, Health and Safety at School, Science and Technology, Budgets and Budgeting

    7. May 1, 2013 |Story| Interior Journal

  7. Federal education cuts via 'sequester' will hurt Lincoln County's students

    It's a television scene familiar to most of us over 20 years old:
    ben@theinteriorjournal.com
    It's a television scene familiar to most of us over 20 years old: Wile E. Coyote buys himself an ACME catapult and assembles it, aiming a huge, red rock to land on a black "X" where he anticipates the elusive Roadrunner will pass by. As Coyote lies in...

    Tags: U.S. Congress, Lobbying, Politics, Mitch McConnell, Rand Paul

    8. Apr 23, 2013 |Story| Petoskey News

  8. Prep baseball: Northmen use pair of late rallies to sweep T.C. Central

    So far, so good for the Petoskey High School baseball team.
    So far, so good for the Petoskey High School baseball team. The Northmen earned a pair of come-from-behind one run wins Monday over Traverse City Central as they swept the Trojans, 10-9, 2-1, at Turcott Field. With the sweep, the Northmen improve to 4-0...

    Tags: Baseball, High School Baseball, Politics, Sports

    9. Apr 16, 2013 |Story| Chicago Tribune

  9. Park Ridge mayor vetoes contract, police station upgrades

    Just 24 hours after he was re-elected April 9, and less than a half-hour after Park Ridge aldermen unanimously approved the city's new $61.5 million budget, Mayor David Schmidt vowed to once again wield his veto pen. Five days later, Schmidt carried out...

    Tags: Labor Legislation, Career and Workplace, Finance, Politics, Economy, Business and Finance

    10. Mar 22, 2013 |Story| Orlando Sentinel

  10. Despite campaign promises, government has grown under Scott

    TALLAHASSEE &ndash; On the campaign trail, Rick Scott made it sound like such common sense: career politicians had driven the train in Tallahassee, and it was headed off a cliff because of spiraling government growth.
    TALLAHASSEE – On the campaign trail, Rick Scott made it sound like such common sense: career politicians had driven the train in Tallahassee, and it was headed off a cliff because of spiraling government growth. Scott pledged to implement an...

    Tags: Regional Authority, St. Thomas University, Labor Markets, Colleges and Universities, Prisons

    11. Apr 17, 2013 |Story| Winchester Sun

  11. Clark County Fiscal Court facing budget deficit

    While the fiscal year 2006 budget was the toughest he has faced during his administration, the proposed 2013-14 budget, which currently has a more than $800,000 deficit, has all of the indications of being second-worst, Clark County Judge-Executive Henry Branham said Tuesday.
    The Winchester Sun
    While the fiscal year 2006 budget was the toughest he has faced during his administration, the proposed 2013-14 budget, which currently has a more than $800,000 deficit, has all of the indications of being second-worst, Clark County Judge-Executive...

    Tags: Justice System, Judges, Politics, Budgets and Budgeting, Crime, Law and Justice

    12. Apr 16, 2013 |Story| Los Angeles Times

  12. How an Excel error fueled panic over the federal debt

    One of the most fearsome statistics in the war against the federal deficit has always been the country's ratio of debt to gross domestic product. When this ratio reaches 90%, the argument goes, watch out -- lower economic growth is on the horizon. And that's scary, because that's where the U.S. has been heading.
    One of the most fearsome statistics in the war against the federal deficit has always been the country's ratio of debt to gross domestic product. When this ratio reaches 90%, the argument goes, watch out -- lower economic growth is on the horizon. And...

    Tags: Gross Domestic Product, Paul Ryan, Productivity, Politics, Economic Indicator

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