DC Considering PILOTS for City Nonprofits

Two separate reports recently have again placed nonprofits in the position as revenue raisers for local government. DC Council member Mary Cheh last week sent a letter to the entire council advocating for a PILOT (payments in lieu of taxes) from city universities.  Her letter states that by charging every city university a $100 fee… Read more »

Deficit Panel Running Into Delays

WASHINGTON - APRIL 27: (AFP OUT) U.S. President Barack Obama (4th L) speaks as he greets members of the National Commission on Fiscal Responsibility and Reform, including co-chairs Erskine Bowles (3rd L) and Alan Simpson (5th L), in the Roosevelt Room at the White House April 27, 2010 in Washington, DC. The commission was holding its first formal meeting to hear remarks from Federal Reserve Chairman Ben Bernanke, OMB Director Peter Orszag, and Former OMB Directors Robert Reischauer and Rudolph Penner. (Photo by Alex Wong/Getty Images)

Yesterday, the Power of A shared that the president’s deficit commission panel is considering a number of ways to balance the budget by 2015.  However, with time running out until their December 1 deadline for recommendations, there are doubts as to whether the commission can complete its work on time. Last week the commission’s executive… Read more »