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Author: Christine Sgarlata Chung
Publisher:
ISBN:
Category :
Languages : en
Pages : 116
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Book Description
This article examines how obligations associated with public employment (including pensions and OPEB) and obligations associated with complex financial instruments (including derivatives) fit into the puzzle of local government fiscal health. As the recent experiences of Detroit and other distressed municipalities suggest, pension and OPEB obligations and obligations associated with complex, non-traditional securities can strain local government resources, particularly when accompanied by corruption and/or macroeconomic distress. Focusing on the federal securities laws, I advocate for reforms designed to (i) standardized and require compliance with uniform accounting standards in the public sector, so that stakeholders can assess municipal fiscal heath and identify challenges to fiscal stability; (ii) create a data collection resource and oversight body to help identify and manage risks associated with complex financial instruments, (iii) create a data collection resources and oversight body to help identify and management risks associated with public employee compensation (particularly pensions and OPEB), and (iv) expand the reach of the fiduciary standard to a broader range of stakeholders involved in local government financial decision-making, including public officials, underwriters and certain derivatives counterparties.
Author: Christine Sgarlata Chung
Publisher:
ISBN:
Category :
Languages : en
Pages : 116
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Book Description
This article examines how obligations associated with public employment (including pensions and OPEB) and obligations associated with complex financial instruments (including derivatives) fit into the puzzle of local government fiscal health. As the recent experiences of Detroit and other distressed municipalities suggest, pension and OPEB obligations and obligations associated with complex, non-traditional securities can strain local government resources, particularly when accompanied by corruption and/or macroeconomic distress. Focusing on the federal securities laws, I advocate for reforms designed to (i) standardized and require compliance with uniform accounting standards in the public sector, so that stakeholders can assess municipal fiscal heath and identify challenges to fiscal stability; (ii) create a data collection resource and oversight body to help identify and manage risks associated with complex financial instruments, (iii) create a data collection resources and oversight body to help identify and management risks associated with public employee compensation (particularly pensions and OPEB), and (iv) expand the reach of the fiduciary standard to a broader range of stakeholders involved in local government financial decision-making, including public officials, underwriters and certain derivatives counterparties.
Author: Jamey Heit
Publisher: McFarland
ISBN: 0786496584
Category : Literary Criticism
Languages : en
Pages : 201
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Book Description
Set in the future dystopia of Panem, The Hunger Games trilogy follows the rise of a provincial rebellion against the wealthy and tyrannical "Capitol." As narrator and heroine, Katniss Everdeen comes to embody the hope of the long oppressed for a new order. During her journey some of our most urgent political questions are addressed. What does it mean to be a leader? Can the oppressed recover a political identity that affirms individual values and freedoms? Do the media necessarily corrupt political discourse? This critical study of The Hunger Games explores novels in the context of how we think about the nature of politics, the value of the individual and the importance of political action. The author draws parallels between Panem and the Roman Empire, considering Herod's Massacre of the Innocents alongside Haymitch Abernathy's elusive political influence as mentor of tributes. Instructors considering this book for use in a course may request an examination copy here.
Author:
Publisher: Office of Management and Budget
ISBN: 9780160873669
Category : Business & Economics
Languages : en
Pages : 216
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Book Description
The President's Budget for Fiscal Year 2012 represents his blueprint for America's future that the White House sends to Congress each year. To win the future, we have to out-innovate, out-educate and out-build the rest of the world, tapping the creativity and imagination of our people. We have to take responsibility for our deficit, by investing in what makes America stronger and cutting what doesn't. And we have to reform our government so that it's smarter, leaner, and better able to take on the challenges of the 21st century. The President's Budget is his plan to do just that. The full Budget and additional information is available at WhiteHouse.gov/winning-the-future.
Author: David Schleicher
Publisher: Oxford University Press
ISBN: 0197629172
Category : Political Science
Languages : en
Pages : 249
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Book Description
An authoritative review of the long history of federal responses to state and local budget crises, from Alexander Hamilton through the COVID-19 pandemic, that reveals what is at stake when a state or city can't pay its debts and provides policy solutions to an intractable American problem. What should the federal government do if a state like Illinois or a city like Chicago can't pay its debts? From Alexander Hamilton's plan to assume state debts to Congress's efforts to respond to the COVID-19 pandemic, many of the most important political disputes in American history have involved federal government responses to state or local fiscal crises. In a Bad State provides the first comprehensive historical and theoretical analysis of how the federal government has addressed subnational debt crises. Tracing the long history of state and local borrowing, David Schleicher argues that federal officials want to achieve three things when a state or city nears default: prevent macroeconomic distress, encourage lending to states and cities to build infrastructure, and avoid creating incentives for reckless future state budgeting. But whether they demand state austerity, permit state defaults, or provide bailouts-and all have been tried-federal officials can only achieve two of these three goals, at best. Rather than imagining that there is a single easy federal solution, Schleicher suggests some ways the federal government could ameliorate the problem by conditioning federal aid on future state fiscal responsibility, spreading losses across governments and interests, and building resilience against crises into federal spending and tax policy. Authoritative and accessible, In a Bad State offers a guide to understanding the pressing fiscal problems that local, state, and federal officials face, and to the policy options they possess for responding to crises.
Author: Gar Alperovitz
Publisher: Chelsea Green Publishing
ISBN: 1603584927
Category : Political Science
Languages : en
Pages : 226
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Book Description
Never before have so many Americans been more frustrated with our economic system, more fearful that it is failing, or more open to fresh ideas about a new one. The seeds of a new movement demanding change are forming. But just what is this thing called a new economy, and how might it take shape in America? In What Then Must We Do? Gar Alperovitz speaks directly to the reader about where we find ourselves in history, why the time is right for a new-economy movement to coalesce, what it means to build a new system to replace the crumbling one, and how we might begin. He also suggests what the next system might look like—and where we can see its outlines, like an image slowly emerging in the developing trays of a photographer's darkroom, already taking shape. He proposes a possible next system that is not corporate capitalism, not state socialism, but something else entirely—and something entirely American. Alperovitz calls for an evolution, not a revolution, out of the old system and into the new. That new system would democratize the ownership of wealth, strengthen communities in diverse ways, and be governed by policies and institutions sophisticated enough to manage a large-scale, powerful economy. For the growing group of Americans pacing at the edge of confidence in the old system, or already among its detractors, What Then Must We Do? offers an elegant solution for moving from anger to strategy.
Author:
Publisher:
ISBN:
Category : Budget
Languages : en
Pages : 2130
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Book Description
Author:
Publisher: Government Printing Office
ISBN: 016088005X
Category : Business & Economics
Languages : en
Pages : 218
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Book Description
Budget of the United States Government, Fiscal Year 2008 contains the Budget Message of the President, an overview discussion, and a discussion of the President's budget and management priorities by agency. This volume contains additional graphics, charts, and photographs, requiring a higher resolution printing with a corresponding upgraded paper stock.
Author: Paul R. Carr
Publisher: IAP
ISBN: 1623968348
Category : Education
Languages : en
Pages : 425
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Book Description
Anyone who is touched by public education – teachers, administrators, teacher-educators, students, parents, politicians, pundits, and citizens – ought to read this book, a revamped and updated second edition. It will speak to educators, policymakers and citizens who are concerned about the future of education and its relation to a robust, participatory democracy. The perspectives offered by a wonderfully diverse collection of contributors provide a glimpse into the complex, multilayered factors that shape, and are shaped by, education institutions today. The analyses presented in this text are critical of how globalization and neoliberalism exert increasing levels of control over the public institutions meant to support the common good. Readers of this book will be well prepared to participate in the dialogue that will influence the future of public education in United States, and beyond – a dialogue that must seek the kind of change that represents hope for all students. As for the question contained in the title of the book – The Phenomenon of Obama and the Agenda for Education: Can Hope (Still) Audaciously Trump Neoliberalism? (Second Edition) –, Carr and Porfilio develop a framework that integrates the work of the contributors, including Christine Sleeter and Dennis Carlson, who wrote the original forward and afterword respectively, and the updated ones written by Paul Street, Peter Mclaren and Dennis Carlson, which problematize how the Obama administration has presented an extremely constrained, conservative notion of change in and through education. The rhetoric has not been matched by meaningful, tangible, transformative proposals, policies and programs aimed at transformative change, and now fully into a second mandate this second edition of the book is able to more substantively provide a vigorous critique of the contemporary educational and political landscape. There are many reasons for this, and, according to the contributors to this book, it is clear that neoliberalism is a major obstacle to stimulating the hope that so many have been hoping for. Addressing systemic inequities embedded within neoliberalism, Carr and Porfilio argue, is key to achieving the hope so brilliantly presented by Obama during the campaign that brought him to the presidency.
Author: United States. Congress. Joint Economic Committee. Subcommittee on Fiscal Policy
Publisher:
ISBN:
Category : Budget
Languages : en
Pages : 388
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Book Description
Examines state of the economy and the adverse effects of rising inflation, and unemployment, and subsequent rise in labor, health, and food costs.
Author: United States. Congress
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 1340
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Book Description
