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 »
Posts Tagged: balanced budget
The co-chairs of President Obama’s bipartisan deficit commission today unveiled a draft set of proposals to reduce the federal deficit, touching off a contentious debate among lawmakers serving on the commission.
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 »