Tag Archive: budgets

  • Unfunded Public Pension Liabilities Reach $4.7 Trillion

    | November 13, 2014 | Add a comment

    As newly elected state legislators across the country consider what issues to address, they are likely to encounter the growing storm cloud of unfunded pension liabilities. According to Promises Made, Promises Broken 2014, a new report from the non-partisan government watchdog group State Budget Solutions, unfunded public pension liabilities in … »

  • Rain Tax Fines Drench Maryland’s Carroll County

    | November 12, 2013 | 1 Comment

    Maryland’s Carroll County recently received a letter from Assistant Attorney General Paul DeSantis, threatening to fine the county $10,000 for each day that it does not enact a storm water remediation fee, also known as a “Rain Tax.” The infamous Rain Tax bill came as a response to the Environmental … »

  • Why work when welfare pays more?

    | September 26, 2013 | 1 Comment

    The Cato Institute recently released an updated version of a decades-old study analyzing welfare benefits on a state-by-state basis. The study, The Work vs. Welfare Trade-Off, found that the total value of welfare benefits continues to exceed the income that most recipients would earn from an entry-level job in many … »

  • Successful Pension Reform in Rhode Island

    | August 20, 2013 | Add a comment

    In ALEC’s latest publication, Keeping The Promise: State Solutions For Government Pension Reform, former State Senator Dan Liljenquist details how the state of Rhode Island successfully addressed its unfunded pension liabilities in 2011. Prior to the historic 2011 reforms, Rhode Island Representative Jon Brien, Jonathan Williams of ALEC, and the … »

  • Pennsylvania Aims to Reform Government Pensions

    | July 26, 2013 | Add a comment

    By Fara Klein and Nick Oswald Pennsylvania legislators are gearing up to tackle one of the largest financial problems facing states today: unfunded pension liabilities. The traditional defined-benefit model for government pensions enables lawmakers to promise generous pension benefits without saving sufficient funds to pay for them. A lack of … »

  • Government Accountability Office Releases Annual Waste Report

    | April 22, 2013 | Add a comment

    Every year, the Government Accountability Office (GAO) releases a report, first commissioned by Sen. Tom Coburn, detailing instances of waste and duplication by federal agencies.  This year the waste totaled $95 billion. For some perspective, the first year of sequestration cuts totaled $85 billion.  This report begs the question, why … »

  • It’s Time to Release Taxpayer-Funded Private Interests

    | March 5, 2013 | Add a comment

    By Tessa Cramer, Policy Intern It’s always easier to spend someone else’s money. Unfortunately, this happens all too often when taxpayers are footing the bill. Currently, government employees are being paid to step away from their job responsibilities and take care of non-governmental, union duties while on the clock. In … »

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    Myth of the Day: Austerity in the Form of Spending Cuts Will Harm Growth and Employment

    | March 1, 2013 | 1 Comment

    The recent debates in state and federal government regarding overspending and massive deficits during a period when the economy is sluggish makes this fiscal policy myth particularly timely. Today’s myth directly addresses hand-wringing over budget cuts during a recession. Dr. Fruits and Dr. Pozdena, co-authors of Tax Myths Debunked, detail … »

  • Sequestration: Putting Our States and Nation at Risk

    and | February 28, 2013 | Add a comment

    By Karla Jones and Patrick Doup, No organization is more committed to limited government, lower taxes and balancing the federal budget than the American Legislative Exchange Council (ALEC). We have long championed fiscal responsibility at all levels of government and promoted a Balanced Budget Amendment to the U.S. Constitution.  But … »

  • Center on Budget and Policy Priorities: Long on Opinion, Short on Research

    | February 20, 2013 | Add a comment

    The Left-wing Center for Budget and Policy Priorities (CBPP) is out with a new essay attacking the economic basis for low tax, free-market, limited government policy proposals like those laid out in Rich States, Poor States. In reality, CBPP’s paper is a case study in poor research methods, self-referentialism, and confirmation bias. The … »