December 2: Muniland Snaps
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AP: A historic drought has depleted Texas aquifers to lows rarely seen since 1948 (map source: National Drought Mitigation Center)
Good Links
Reuters: Payroll tax cut stalls in Senate
Washington’s Blog: A nuanced view of inequality
Reuters: Families seek cash help as recession drags on
The Economist: Lending money to a poor city still looks slightly preferable to living in one
Bloomberg: Highest paid muni workers in LA are out in the harbor piloting ships
NJ Div. of Pensions and Benefits: Pension system still underwater, requires decades of repair
Bloomberg: Bad practices 101: Pioneer muni bond fund held 8% of assets in American Airlines bonds prior to its bankruptcy
BusinessWeek: How the federal government funds transportation projects within the states
@Twitter Talk
@matthewstoller Matt Stoller Today’s ethics are just a pale descendant of yesterday’s battles for power.
@agripulse Sara Wyant #NGFA urges Congress to prepare emergency legislation to avert national rail strike: bit.ly/tjXDO4
@Demos_Org Demos_Org BREAKING: U.S. House votes to approve H.R. 3463, ending public financing of presidential campaigns & Election Assistance Commission.
@PewStates PewCenterOnTheStates #Stateline: Most states’ spending is below pre-recession levels, says NGA and @NASBO ow.ly/7L348
@IpreoMuni IpreoMuni Volume numbers steady as November comes to a close. Here is next week’s muni deal calendar: bit.ly/vDo4EI
@PewStates PewCenterOnTheStates Stateline: Since 2006, Florida’s foster care population has dropped 40%. Other states want to follow suit: ow.ly/7L2Wz
@todaysthedayhbg Tara Leo Auchey During 12/1 Harrisburg Receiver Hearing, this “notice” came up: bit.ly/vyXQu2 Judge asked why this directive didn’t go out yrs ago?
@johnrodat John W Rodat Single data point forecasting: Albany County Legislature forecasts sales tax revenue based on one day: bit.ly/tUNJT2
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