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THE FUTURE OF Finance

THE FUTURE OF Finance

Many North Carolina Businesses Had Errors in their PPP Loans

As Congress considers a possible second round of coronavirus relief funds, many companies are wondering about the efficiency of the Payment Protection Program if there were errors in their first round of loans.

By Danielle Chemtob, Sophie Kasakove and Zachery Eanes, The Charlotte Observer  |  July 24, 2020
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THE FUTURE OF Finance

The Pandemic’s Opportunity to Improve Government Procurement

The emergency has underlined outdated procedures and rules that hamper effective, efficient public purchasing. There are principles for creating better systems that can outlast the current crisis.

By Stephen Goldsmith, Ash Center, Harvard Kennedy School  |  July 24, 2020
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THE FUTURE OF Finance

Data: Police Spending Increased Over Past Two Decades

Amid calls to reduce police funding, a recent report from the U.S. Bureau of Justice Statistics shows that in 2017, police spending per capita recovered to its pre-recession peak after years of steady increases.

By Ben Miller, Government Technology  |  July 23, 2020
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THE FUTURE OF Finance

House Approves Billions for Broadband, AI and STEM Education

The House Appropriations Committee has approved billions of dollars for the 2021 fiscal year budget. There is a wide range of expenses that cover many types of technology, including broadband and artificial intelligence.

By Dean DeChiaro, CQ-Roll Call  |  July 21, 2020
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THE FUTURE OF Finance

To Open the Schools Safely, Uncle Sam Will Have to Pay Up

Washington's wrangling over the politics of public education will put our kids and communities at risk unless politicians face up to fiscal and physical realities. They need to get it done now.

By Girard Miller, Finance Columnist  |  July 21, 2020
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THE FUTURE OF Finance

W.Va. Lawyers Urge Prudence With Spending CARES Act Funds

Gov. Justice was asked to use a ‘cautious’ spending approach when it came to the $1.25 billion that the state received after he announced plans to devote $100 million of the COVID-19 funds towards highway repairs.

By Phil Kabler, The Charleston Gazette  |  July 16, 2020
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THE FUTURE OF Finance

Second Stimulus Checks Are Possible but Amount Might Change

Mitch McConnell is expected to introduce new legislation next week for another relief package that would include a second round of stimulus checks for Americans. But they might not be as generous as the first round.

By Geoff Herbert, Syracuse Media Group  |  July 16, 2020
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THE FUTURE OF Finance

W.Va. Officials Question $50M Relief Fund Reallocation

Gov. Jim Justice reallocated half of the funds that were going to the Division of Highways to broadband expansion. But health officials and lawmakers are concerned that none of the money is going to health departments.

By David Beard, The Dominion Post  |  July 13, 2020
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THE FUTURE OF Finance

The Opportunity States Have to Attack Income Inequality

As they rebuild their education, health-care and tax systems after the devastation of COVID-19, they can take important steps that can significantly narrow income and wealth disparities.

By Raymond Scheppach, Former National Governors Association Executive Director  |  July 7, 2020
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THE FUTURE OF Finance

California Approves Budget and Holds Schools Accountable

The state’s approved budget protects teachers from layoffs for now. But the state also approved a law that hopes to ensure high educational standards as many school districts consider remote learning for the fall.

By Roxana Kopetman, The Orange County Register  |  July 6, 2020
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THE FUTURE OF Finance

Public Pensions and the COVID-19 Fiscal Dilemma

Despite federal scaremongering about state and local pensions, the problem for now isn't their balance sheets. It's the budget vise that is likely to tempt some public employers to cut funding corners.

By Girard Miller, Finance Columnist  |  July 7, 2020
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