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Ratepayer Rebellion A deep vein of anger was exposed by the Eugene Water & Electric Board’s plans to raise the electric rates by 8 percent and water rates by 20 percent next year for the utility’s 88,000 customers. The reasons for the increase are many, but the target of the ratepayer ire … ... Read News
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Gosar: Federal Unfunded Mandates Increase State Budget Problems
Rep. Paul Gosar (R-AZ) targets the problem of state fiscal situations as unfunded mandates from the federal government.
The House Committee on Oversight and Government Reform hearing entitled, "State and Municipal Debt: Tough Choices Ahead." The hearing examined the causes and severity of fiscal problems faced by states and municipalities with a particular focus on the liabilities of public employee pension programs. Also taken into consideration was the fiscal pressures faced by the federal government and the lessons that can be learned from Europe's challenges with excessive sovereign debt. April 14, 2011
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