A relatively unknown private company filing for bankruptcy is not usually a major national news story. When the solar energy firm... View ArticleContinue reading
Ten transparency organizations praised congressional and administration efforts to improve federal financial transparency in a letter sent earlier today. The... View ArticleContinue reading
The North West Indiana County Times recently pointed out something fascinating about how Indiana was using funds granted to it under the American Recovery and Reinvestment Act:
Indiana State Budget Director Christopher Ruhl confirmed the federal stimulus money was used to provide basic tuition support dollars for school districts, allowing the state to squirrel away funds that normally would have been used for that purpose.Continue reading
"The state dollars saved were placed in our education rainy day fund," he said. "The special session budget required those funds be transferred from the education rainy day fund to the state general fund in ...