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U.S.PIRG Advises for Stronger Standards to Track State and Local Economic Subsidies


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U.S.PIRG Advises for Stronger Standards to Track State and Local Economic Subsidies

WASHINGTON -

The Government Accounting Standards Board (GASB) called for public comment on proposed rules for reporting on tax abatements that could require states and localities to achieve new levels of checkbook level transparency around economic development programs. Across the U.S. these programs represent tens of billions of dollars in subsidies, often granted with little transparency or accountability for results.

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