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One way or another, Washington voters may be asked to raise taxes in 2012 to bail the state out of a nearly $2 billion budget deficit.
Special interest groups have long been rumored to be targeting the 2012 ballot with citizen initiatives to raise taxes, and Gov. Chris Gregoire (D) wants the Legislature to go directly to the people as well, with a referendum to “temporarily” raise the state’s sales tax.
“After three years of cutting, now is the time to invest in a better future for all...
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The Illinois General Assembly has sent to Gov. Pat Quinn (D) a bill that, among other things, would authorize speed-enforcement cameras on roads within one-eighth of a mile of Chicago's schools and parks. As 2012 opened, Quinn said he would decide by the end of January whether to sign or veto the bill many critics say appears designed more to boost city fine revenues than to improve safety.
A Chicago Tribune analysis determined approximately 47 percent of the city could be covered by the speed-...
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Sinkholes seem to appear without notice. The earth beneath may be eroding for years, but the surface usually stays intact until the land collapses suddenly.
That describes the dire fiscal situations of most of the states in 2012. For years the financial conditions of 45 states have been eroding to the point that the Institute for Truth in Accounting (IFTA) has labeled them “financial sinkholes.”
A pervasive lack of truthful accounting and transparency in government budget processes has made it...
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Illinois Receives Nation’s Worst Credit Rating
Chinese Solar Companies Losing Money
North Carolina Regulators Hound Food Trucks
Housing Collapse Matches Great Depression Years
Hypothetically Speaking Too Much
Wind Turbine Ban Proposed in Virginia