Subscription Options:

Subscribe via RSS

Pennsylvania orders $160 million spending freeze

From Reuters:

With revenue nearly a half billion dollars below expectations, Pennsylvania Governor Tom Corbett today ordered a $160 million spending freeze.

The freeze affects all state government agencies and commissions under Corbett’s jurisdiction, but not equally.

The funding freeze is not unexpected. Last month during his mid-year update, Pennsylvania Budget Secretary Charles Zogby said such an action would be happening now.

At the time, he also said he was cautiously optimistic the commonwealth [...]

The Privatization Myth

by Atypical

This is an especially important topic during financial problems caused by Wall Street; for which no one has ever been prosecuted.

Many simplistic ideas re privatization have been asserted as necessary and desirable by conservatives – they are neither. This essay describes the many questions that have to be asked and answered honestly by those that say private companies can do it better than government. There [...]