October 2014 Posts

Oct
29
2014

JPMorgan Chase Abandons $1 billion NYC Subsidy Effort

When The New York Times reported that JPMorgan Chase was seeking close to a billion dollars in incentives to build a new trophy h

Oct
8
2014

Audit of Texas Subsidies Reveals Lax Oversight, Enters Gubernatorial Debate

A new audit of the controversial Texas Enterprise Fund is casting deep doubts on economic development practices in Texas and has become a key issue the current 

Oct
7
2014

GASB Finally Prepares to Step Up! And Who is GASB, You Ask?

For many years, we at Good Jobs First have criticized GASB—the Governmental Accounting Standards Board, or “GAZ-bee”— for failing to require state and local governments to disclose economic development subsidy spending in a uniform way.

It appears that’s finally about to change, and if it does, it will be hard to overstate the significance of the news.

Oct
7
2014

GASB Finally Prepares to Step Up! And Who is GASB, You Ask?

For many years, we at Good Jobs First have criticized GASB—the Governmental Accounting Standards Board, or “GAZ-bee”— for failing to require state and local governments to disclose economic development subsidy spending in a uniform way.

It appears that’s finally about to change, and if it does, it will be hard to overstate the significance of the news.