Finance

Why Texas May Tap Its Rainy Day Fund During Boom Times

The state's economy is attracting 1,500 new residents a day, but growth is costing billions of extra dollars in road and traffic maintenance every year.

Can Income Tax Cuts Boost a State's Economy?

Two researchers say the answer comes down to how a tax cut is financed.

U.S. City Finances Facing Slow Growth and Increasing Costs

American cities reported the most positive financial data since the 2008 financial crisis, but they still haven’t fully recovered from the recession.

S&P Defends Higher Municipal Credit Ratings

Over the last year, the credit agency upgraded 41 percent of local governments' ratings, drawing skepticism from some.

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