Missed opportunity: urban fiscal crises and financial control boards
The use of financial control boards (FCBs) to resolve urban fiscal crises needs to be reformed to ensure that residents are allowed to participate in devising long-term structural changes that keep financial problems from recurring. States establish FCBs to assist in the debt and financial management of cities experiencing financial difficulties. FCBs often employ short-term measures, such as tax increases, that increase revenues in the short-term but fail to address the causes of fiscal crises. Financial reform boards should be used instead of FCBs to ensure that democratic processes and structural changes are incorporated into fiscal policies.
Publication Name: Harvard Law Review
Wired for savings; sorting through the tangle of long-distance calling plans can cut costs
Many factors go into the selection of a long-distance telephone carrier. The three major carriers, AT & T, MCI and Sprint offer residential patrons a number of plans. People should identify their long-distance calling patterns and the average monthly sum spent on long-distance calls before selecting a carrier. Most carriers have loyalty programs with additional incentives to keep customers from jumping from one carrier to another.
Publication Name: ABA Journal
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