The condition of education

a congressionally mandated report presented at this website http://nces.ed.gov/programs/coe/

IRS Launches Compliance Check Questionnaire on Advance Refunding Issues

Tax Exempt Bonds ("TEB") has initiated a questionnaire project to evaluate the post-issuance compliance and record retention policies, procedures and practices of issuers and conduit borrowers of tax-exempt advance refunding bonds. TEB is sending out the questionnaire to 269 governmental entities that issued advance refunding bonds between July 1, 2009, and June 30, 2010, to refinance governmental bonds.   http://www.irs.gov/taxexemptbond/article/0,,id=239689,00.html

Some states cut unemployment benefits

Businesses pay for these benefits, and the Federal government has loaned and helped some states.   Several states have cut benefits from 26 to 20 weeks.  Florida is considering a play to tie the unemployement plan to the economic recovery.   This Washington Post article includes the different views and some of the facts about states whose Unemployment funds were at dangerous level before the slump http://www.washingtonpost.com/politics/states-cutting-unemployment-benefits-hoping-for-more-federal-help/2011/05/22/AFLbJN9G_story.html

Pension underfunding obligations will surprise taxpayers

according to this Wall Street Journal article.  It had received 181 comments in a single day http://online.wsj.com/article/SB10001424052748703421204576329134261805612.html?mod=djemEditorialPage_t#articleTabs%3Darticle

Philidelphia Housing Authority misused stimulus money

A federal audit uncovers lack of support for spending; the rehab work being done is not in question, but whether the payments were reasonable and supported is at issue.   http://thehill.com/blogs/on-the-money/1091-housing/161739-audit-reveals-housing-authority-misused-stimulus-funds

States adopting various laws related to accounting profession

This is not governmental accounting, but it shows that several states are changing laws related to the profession http://www.accountingtoday.com/news/States-Pass-New-Laws-Governing-Accounting-Profession-58400-1.html