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Editor's Picks
  • Zachary Parker, Washington, D.C., Council member, on the council’s vote to establish the nation’s first local child tax credit. The measure, approved Tuesday, supplements the federal credit and redirects hundreds of millions in revenue made available after Washington lawmakers moved to separate the district’s tax code from President Donald Trump’s federal tax overhaul. Parker and other supporters said the new credit will provide meaningful relief for struggling families and strengthen local programs for housing and health care. (Washington Post)
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While the private sector has embraced real-time payment tools, many public disbursements — from tax refunds to critical disaster relief payouts — still rely on traditional methods that can be slow, costly and vulnerable to misuse.