Someone sent me this quote today as part of a longer email: It is incumbent on every generation to pay its own debts as it goes. A principle which if acted on would save one-half the wars of the world. — Thomas Jefferson I can’t help but thinking that the...
An independent investigation into spending by Chicago Public Schools’ board presidents has uncovered more than $800,000 in questionable expenses in recent years, including thousands spent at lavish restaurants and hotels at a time when teachers and the...
Also from the New York Times: Faced with growing budget deficits and restive taxpayers, elected officials from Maine to Alabama, Ohio to Arizona, are pushing new legislation to limit the power of labor unions, particularly those representing government workers, in...
From the NYT a few days ago: Across the nation, a rising irritation with public employee unions is palpable, as a wounded economy has blown gaping holes in state, city and town budgets, and revealed that some public pension funds dangle perilously close to bankruptcy....
The legislative session that began today as the House convened will take aim at a budget deficit of at least $13 billion, including a backlog of more than $6 billion in unpaid bills and almost $4 billion in missed payments to underfunded state pensions. The fiscal...