MuniLand Snaps: July 2

July 2, 2012


From the Tax Foundation:

The growth of state government spending over the past decade. These percentages show the growth in direct spending between 2000 and 2010, in real dollars per capita (to eliminate the effects of population growth and inflation). Oklahoma leads the pack with a 74% increase in state government spending over ten years; Alaska, whose state government only grew 17% faster than its population, is at the bottom.

Good Links

Reuters: Analysis: Jumping off the fiscal cliff

GovTech: Health insurance exchanges getting more federal funding

Bloomberg: How Wall Street scams counties into bankruptcy

The Post Standard: It was all about the “golden cow” of tax breaks

Reuters: Securities trade group says the masking of large municipal trades should continue

Reuters: U.S. municipal bond sales to sink to $59 million Bond insurer may contest Stockton bankruptcy

AP: Brilliant description of chaotic last few days of Pennsylvania budget fight

Birmingham News: Judge rules Jefferson County cannot use sewer revenues for legal fees


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