Category Archives: Debt/Spending
Democrats Lie About Gas Tax in California, Not Unexpectedly
I have been following the aftermath of the California legislature’s massive gas tax hike, which is slated to be implemented in January. The Democratic Party supermajority swore up-and-down that the new funds would totally go to road repair and the … Continue reading
NH Senate Revenue Estimates 14 Million Below House Numbers
The Senate Ways and Means Committee met on May 17 to determine revenue estimates for the State’s General and Education Trust Funds, and decided that revenues would likely come in at $4,898.2 million for the State fiscal years (SFY) 2018-2019 … Continue reading
Metzler Gets Max Bonus
At their May 17th meeting, SAU55’s board awarded Dr. Metzler a 3% raise and a 4% bonus effective July 1, 2017. His total compensation increase is approximately $11,000. Dr. Metzler’s contract limits his bonus to a maximum of 4% of … Continue reading
U.S. government posts $182 billion surplus in April
Don’t get too excited. It’s still all cluster. The U.S. government had a $182 billion budget surplus in April, confounding market expectations for a deficit, according to Treasury Department data released on Wednesday. The budget surplus was $106 billion in … Continue reading
Overhaul of Dodd-Frank headed to U.S. House
“A lot of promises were made when Dodd-Frank passed that it would do away with ‘too big to fail,’” Hultgren said. “It really hasn’t done what it said it was going to do. So that’s really a big part of … Continue reading
I Warned NH About a Trap that Just Snapped on CA Homeowners, I Mean Taxpayers
Obama and the Democrats voted to fund these programs at the federal level and incentivized states to do the same, and where there is a trough, there will be pigs. Millions of residential (solar) installs ensued, many right here in … Continue reading
The University System of NH has a serious problem
Part of the budget is funding for the University System of New Hampshire (USNH). The public universities came to the taxpayers with their hands out asking for a combined request of $182 million over the two-year budget period. But there’s … Continue reading
Trump: “We’ll see what happens. If there’s a shutdown, there’s a shutdown.”
President Donald Trump downplayed the severity of a potential government shutdown on Thursday, just two days shy of a deadline for Congress to reach a spending deal to avert temporary layoffs of federal workers. “We’ll see what happens. If there’s … Continue reading
A Question We Should All Ask Our School Board or School Budget Committee
The Question: what is your ratio of direct to indirect labor (both ways: head count and fully burdened costs). When I was on my hamlet’s Budget Committee, I had to ask that for a few years and then, given the … Continue reading
State Employee Gets Suspended: Paid for Retirement Party With You Money
A state employee who used state dollars to throw an office retirement party for her boss ended up with an unpaid 20-day suspension, according to a state appeals board. Linda Capuchino organized the retirement party for Louise Lavertu when Lavertu … Continue reading