“Many of the current scandals have their origins in a 2001 law meant to promote greater federalism and, theoretically, more local accountability. The measure, which handed out generous state financing without requiring that the regions raise much money on their own, backfired badly, fostering reckless spending throughout the country. With the creation of Italy’s provinces in 1970, and especially in the years after 2001, the cost of regional governments exploded. The salaries of Italy’s 1,113 regional lawmakers expanded as well, to $4,000 to $6,500 a month, and often double that with added benefits.”
(Visited 30 times, 1 visits today)
Related posts:
China lifts curtain on landmark reform agenda
Police run over and kill man after running from alleged seatbelt violation
Big changes planned for Iraqi stock markets
17% Would Vote to Secede and Form New State
Hospital doctors join thousands protesting Greece’s austerity layoffs
Union's Pay Negotiations Play Big Role In Protests Over ‘Google Buses’
Egypt battles energy crunch with ban on too-cold air conditioners
China, Switzerland sign free trade agreement
Official: Potential Syria strikes could include long-range bombers
Thatcher’s funeral cost British taxpayers $2.5 million
OECD seeks inspiration from FATCA model
New York fails Common Core tests; more states to follow
Federal court rules Facebook ‘Likes’ are protected by First Amendment
Southwestern Pa. hospital to stop baby deliveries due to Obamacare
The Next Seven States To Legalize Pot