What: Companies have been on a borrowing binge, but you can’t always tell the full extent of their liabilities from the balance sheet. It’s difficult for investors tell because businesses can fund their activities in different ways.  But this is going to change. Why:  According to Bloomberg data companies have put about $3 trillion in […]

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 What:  The market value for 65,000 Philadelphia properties is increasing by more than $16 billion, bringing the taxable assessment of those parcels up by about 40 percent. Why:  “The goal was to not only ensure the assessed values more accurately reflect the sales and market forces, but also to reduce value inequities among comparable properties,” […]

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 What: A bi-partisan group of House and Senate members want to wipe the slate clean for PA residents who have been convicted of a minor offense.    The “Clean Slate” legislation, described as the first-of-its-kind in the nation, would automatically seal a person’s criminal records for such low-level offenses as disorderly conduct and underage drinking […]

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 What: Will a contentious Federal Budget shut down the U.S. Government? This is going to be a challenging budget year for the Congress.  At the heart of this most recent of fiscal logjams is whether the Federal government will be able to pass a budget that includes funding for Planned Parenthood. Further points of contention […]

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 Social Security spending has been increasing steadily every year. Back in 2005 Old Age Survivor Insurance (OASI) spending was about $440 billion a year, and Disability Insurance (DI) spending was about $90 billion a year. By 2015 OASI had increased to $750 billion and DI to $150 billion. Viewed from a GDP perspective, Social Security […]

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