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Weekend Videos: Is COVID Saving Lives, Pennsylvania Schools Employees, SALT Cap  

by meep

It’s boom-and-bust with me for producing videos, alas. It is dependent on many factors, one of which I have some quiet time to make such videos. (With three teens at home, one autistic, this is tough… which is why I did two of these videos are from my van,...

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Public Finance: Full Accrual Accounting and Governmental Accounting Standards Board Testimony  

by meep

Yesterday, I gave testimony to the Governmental Accounting Standards Board: [mine begins at about 1 hour, 4 minutes]

I had prepared remarks which are about 10 minutes, and the remaining 20 minutes of my time are Q&A.

Here...

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SALT Cap Tussle: NY Democrats Have an Ultimatum  

by meep

Democrats are revving up to undo Trump-era tax levels by jacking up the rates, but wait, here are some Democrats claiming the taxes are too damn high:

New York is taking another run at repealing SALT cap

Gov. Andrew Cuomo’s spin on the tax hikes in the state budget approved...

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Multiemployer Pensions: Will the Recent Bailout Destroy Pensions (in the Long Run)?  

by meep

I am skeptical about the long-lasting results from the multiemployer pension bailout

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MoneyPalooza Monstrosity: State and Local Governments Should Pay Down Pension Debt  

by meep

I haven’t forgotten the MoneyPalooza Monstrosity — while I have addressed the multiemployer pension bailout portion, I have yet to address the much bigger portion, funds going directly to state and local governments.

Issues I want to address:

• Fiscal Year 2020/2021 state/local government revenue hits (and specifically, which revenue sources...

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MoneyPalooza Monstrosity: It Passed! More on the Multiemployer Pension Bailout  

by meep

Well, they did it. They finally did it.

You maniacs!!

I will be looking at the multiemployer pension bailout more in this post, and the state/local government bailout in a later post.

The state of the bailout: FULL AND MORE…..

NYT: Rescue Package Includes $86 Billion Bailout...

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Public Finance Roundup: What Happens When the Richest Move to Laputa?  

by meep

Howdy guys – before I do this, just warning you that I will be making a couple of posts today and a couple tomorrow. This doesn’t often happen, but I have some items that will go really stale if I don’t post soon… and I want to spend the rest...

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Taxing Tuesday: Look Back to Olden Times and What Awaits Us in 2021  

by meep

For the first Taxing Tuesday post of 2021, I’m mopping up old stories and looking forward to what may come this year.

One thing to note: with the Dems having (bare) majorities in the Senate and House, and with Biden as President, I am assuming some form of the Money-Palooza...

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On the Bailouts That Didn't Happen, Part 2: State and Local Governments  

by meep

I am pleasantly surprised to see that Congress has not attempted to add blanket state/local government funding in their recent relief bill wrangling. There was also a general spending bill that went through Congress, which many are conflating with a relief bill, but either way, no special amounts to state...

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Reading the News with Meep: Biden nominees ruffle feathers, retirement age to rise in China, and pension news roundup  

by meep

Howdy, new readers! I noticed I’ve picked up some new subscribers after recent COVID mortality posts. Just an FYI: I also post a lot about public pensions and finance.

Today I’m mainly doing a news link dump with minimal commentary. I build these up over time for...

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