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Did Legislature do its job for us?
The Great Recession hit Florida harder than most states, with unemployment far exceeding the national average. Government revenue dried up, but to its credit, the Legislature tightened its belt rather than raise taxes. Today, Florida is bouncing back....Tags: Civil and Public Service, Interior Policy, Economy, Business and Finance, Environmental Issues, Patient Protection and Affordable Care Act
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Illinois Senate passes pension bill, sets up showdown with House
SPRINGFIELD — Senate President John Cullerton today sent his version of pension reform to the House, setting up a high-profile clash with the rival plan Speaker Michael Madigan already pushed through the House. The showdown puts more than 700,...
Tags: Teaching and Learning, Civil and Public Service, Interior Policy, Teachers, Michael Madigan
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Saucon Valley School Board race attracts a big field
The slate of candidates vying for the Saucon Valley School Board is one of the biggest in recent years, with 11 people cross-filing for four seats. Their motives for running differ but all share certain concerns: keeping property taxes in line,...Tags: Teaching and Learning, Strikes, Muhlenberg College, Interior Policy, Economy, Business and Finance
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The truth about hard-money loans
Q: What is a "hard money" loan? A: Technically, it is a loan that is given in exchange for money, rather than to assist a consumer in buying a house. The latter would be called a "purchase money" mortgage. Hard-money lenders do not rely on the...Tags: Financial and Business Services, Politics, Credit Ratings, Mortgages, Fannie Mae
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Legislative leaders, unions oppose Tribune sale to Koch brothers
SACRAMENTO — California legislative leaders and 10 public employee unions announced opposition Wednesday to any sale of the Los Angeles Times and other Tribune Co. newspapers to a pair of wealthy brothers who fund conservative causes. In a...Tags: Immigration, Interior Policy, Bruce Karsh, Economy, Business and Finance, Government
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Unions, lawmakers line up against Koch brothers
SACRAMENTO — California legislative leaders and 10 public employee unions announced opposition Wednesday to any sale of the Los Angeles Times and other Tribune Co. newspapers to a pair of wealthy brothers who fund conservative causes throughout...
Tags: Interior Policy, Bruce Karsh, Economy, Business and Finance, Government, Unions
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IRS targeted conservative groups, official says
WASHINGTON — The Internal Revenue Service improperly singled out conservative groups for extra scrutiny of their applications for nonprofit status, a top agency official said Friday, setting off calls for investigations into an organization...
Tags: Interior Policy, Mark Begich, Mitch McConnell, Taxation, Darrell E Issa
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Rich Danker: For real pension reform, inequality must be stressed
Just a few years ago, pension reform appeared inevitable. The drop in asset prices during the financial crisis had left public pension funds trillions of dollars behind on meeting future obligations. The defined benefit model was under fire as unduly...Tags: Civil and Public Service, Jack Latvala, Interior Policy, Economy, Business and Finance, Florida Legislature
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IRS admits to improperly targeting tea party groups
WASHINGTON – The Internal Revenue Service improperly screened applications from conservative groups that sought tax-exempt status, a senior IRS official said Friday. IRS staffers selected for more review the applications that included the words...
Tags: Politics, U.S. Congress, Interior Policy, Taxation, Internal Revenue Service
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Report: Detroit is broke; could bankruptcy lie ahead?
DETROIT (AP) — The first report by Detroit's emergency manager declares that the city is broke and at risk of running completely out of money — a financial meltdown that could mean employees don't receive paychecks, retirees lose their...
Tags: Politics, Interior Policy, Finance, Economy, Business and Finance, Bank of America Corp.
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Mensch and Costa: Remove stigma of welfare from DPW
The term "welfare" is defined as the general well-being of an individual or group of individuals. However, when used in association with government services, the term has unfortunately developed a negative connotation. One state agency that suffers from...
Tags: Breast Cancer, Interior Policy, Jay Jr Costa, Medical Specialization, Nursing Homes
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They're not booing, they're saying "Loooooou." Or maybe they are booing.
Change of SubjectSunday we published a muscular attack on our own editorial board penned by Democratic State Rep. Lou Lang of Skokie: For years the editorial page has loudly bellowed for and against Illinois pension proposals and petulantly insulted and denigrated...
May 10, 2013
|Story| South Florida Sun-Sentinel
May 9, 2013
|Story| Chicago Tribune
May 9, 2013
|Story| Allentown Morning Call
May 10, 2013
|Story| Chicago Tribune
May 8, 2013
|Story| Los Angeles Times
May 8, 2013
|Story| Los Angeles Times
May 10, 2013
|Story| Los Angeles Times
May 14, 2013
|Story| South Florida Sun-Sentinel
May 10, 2013
|Story| Los Angeles Times
May 13, 2013
|Story| Petoskey News
May 13, 2013
|Story| Allentown Morning Call
May 13, 2013
| Chicago Tribune
Original site for Pension and Welfare topic gallery.