This past week, in its ongoing effort to protect Hillary Clinton from any challenge from Joe Biden, the New York…
As The Hill reported, and as Joshua noted yesterday, the Obama administration will send Detroit $320 million in federal dollars in…
Detroit’s move to file for bankruptcy on July 18 is not a surprise. The city’s ongoing economic and fiscal problems…
Much has been said about the trouble with public-sector pensions. Many state and local plans are underfunded and, unless policy…
I have a piece running at U.S. News and World Report that asks if Hollywood really needs the tax credits…
Illinois has the distinction of having the worst-funded pension plan in America. In addition to a massive funding shortfall, the state also…
Early Monday morning Cyprus’ leaders reached a deal with the EU, the European Central Bank and the International Monetary Fund. Cypriot bank…
After the Cypriot Parliament struck down the EU-proposal to levy a tax on Cypriot bank depositors as part of a…
A taxi driver in Cyprus describes it as “a lightening bolt out of nowhere.” This weekend, the Mediterranean island nation…