The Castle Is Breached: Congress Taps The Fed For Facilities Financing

In a landmark facilities costs passed in December, Congress lastly permeated the Fed’s “independence” by tapping its reserves and bank dividends for infrastructure funding. The expense was a start. But some experts, consisting of Congressional prospect Tim Canova, state Congress ought to go even more and license funds to be released for facilities straight. For…

After Offer With Ciright One, What’s Next For Stratos?

According to a news release sent Tuesday, Pennsylvanias Ciright One signed a contract with Ann Arbor-based mobile payment startup Stratos this week to take control of the management of Stratos consumercustomer support and fulfillment operations, an offer that was reported by TechCrunch as a last-ditch effort to conserve Stratos from collapse. Cirights Julie Taylor was…

Spending Cuts, But Not Bankruptcy, Eyed For Atlantic City

ATLANTIC CITY – Atlantic City’s emergency situation manager is recommending spending cuts, consolidation and privatization of some governmental functions as a method to obtain the financially having a hard time betting resort back on its feet.But in a report released Friday afternoon, emergency supervisor Kevin Lavin is not suggesting bankruptcy as a choice, although he…

Strong Leadership Required On Education Financing– Now

RELATING TO fundamental education funding, there is a vacuum in management. Researches have been done, however no action taken. My grandfather utilized to inform me a fable. A fox discusses to a feline that he understands a hundred ways of leaving his enemies. The feline responds that she has one. When a pack of hounds…

Detroit Public Schools Face Bankruptcy If Legislators Do Not Act

DETROIT (WXYZ) – State Superintendent of Schools Brian Whiston states legislators needhave to urgently do something about it to address the Detroit Public Schools financial obligation. The district is on track to run out of money to spend for any operations by April.They will have to file bankruptcy, said Whiston of the districts options if…

Wallingford’s Strategy To Add School CopsLaw Enforcement Officer Faces Financing Hurdle

As Wallingford thinks about funding for school resource officers in the 2016-17 school year, area town and school officials touted the advantages of having policelaw enforcement officer in the schools. The future of school resource officers, however, isn’t as clear because of financial restraints. Wallingford School Superintendent Salvatore Menzo gave the school board its first…