March 04, 2011
Tags: accounting, Bill, deficits, design, entertainment, GAO, Gates, pensions, State, taxpayers, Technology, TED, truth, Weinberg
By Frank Keegan – CATASTROPHIC FAILURE ALERT! Bill Gates told a gathering of deep thinkers in California Wednesday that states are “building their budgets on tricks,” and “more people need to investigate their state’s budget.” To help them he should push Truth in Accounting laws that would force governors and legislators to meet minimum accounting standards.
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January 20, 2011
Tags: bankruptcy, CBPP, census, Congress, deficits, GAO, Gingrich, pensions, states
By FRANK KEEGAN – Memo to Newt Gingrich and the Center on Budget and Policy Priorities: Taken as a whole, the states are bankrupt already – with at least $18 trillion in hard debt that’s not on the books. Gingrich said in a recent speech, according to a transcript on his Web site, that Congress should “in the first month or so” pass a state bankruptcy law. CBPP said Thursday the fiscal situation is “exaggerated.”
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January 07, 2011
Tags: catastrophe, census, debt, deficits, game, liquidity, pensions, State
By FRANK KEEGAN – Think of this as a football game except the fans must pay twice for tickets — win or lose — and the franchise can impose fines, confiscate their property and put them in prison if they don’t pay.
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December 20, 2010
Tags: budget, deficits, financial, fiscal, Hawaii, problems, State
By Greg Wiles Hawaii Reporter
Hawaii’s state government isn’t out of the woods yet when it comes to money woes, with a national report tabbing the state as one of at least two dozen that will face budget shortfalls during the next two fiscal years.
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December 09, 2010
Tags: budgets, deficits, dire, NCSL, pensions, State
BY MARK FLATTEN — The numbers are “dire,” but even those gathered here for a National Conference of State Legislatures meeting don’t know how bad they really are.
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