B.A. Spending Daily
A roundup of this morning’s must-read budget and economic stories.
Public Pulse: Wasteful Spending and the Debt
According to the Economist, when asked how much excessive spending on things like the GSA Las Vegas conference contributed to the debt, 12% of adults said “not much at all”; 31% said “not very much”; 38% said “quite a bit”; and 20% said “a lot.”
B.A. Spending Daily
A roundup of this morning’s must-read budget and economic stories.
Where in the World Was the Senate?
On the 3rd anniversary of operating without a budget, the Senate announced today that it has considered a proposal, passed the resolution and is waiting on action from the House.
Illinois’s Date with Reality
“Our rendezvous with reality has arrived,” said Governor Pat Quinn of Illinois. He was referring to the mounting fiscal issues facing the state as it goes further and further into debt. But, the state did not arrive at the edge of insolvency without a number of missteps along the way.
By the Numbers
The numbers say it all: Washington has spent its way into a fiscal crisis. Too keep you up to date on the situation we will be bringing you a monthly update of the Debt, Budget, and Economy in our By the Numbers series.
The Budget Battle Ahead
Motivation. It is what pushes us to excel in our endeavors. On Capitol Hill though, motivations take on a different meaning. Motivation can cause members to push bills through Congress, to make tough choices for thebetterment of the country, or – as is the case today – do nothing.
State News Roundup
The State reports that South Carolina’s retirement system has now run a deficit of $1.4 billion dollars in just one year. Currently covering almost500,000 people, the system includes state employees, local government workers and teachers.
No Budget, Just Spending
April 15 has come and gone. And with it, another missed deadline by Congress to complete action on the federal budget. Did you know by failing to complete a budget by April 15, Congress isn’t following the law?
Tax Day 2012
Today, April 17th, 2012 is tax day. It marks the end of fiscal things 2011 for individuals across the country, and the beginning of fiscal year 2012 work for accountants everywhere. You’ve (hopefully) paid your taxes. But, how have things changed in the past year?
