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A market crash doesn’t seem imminent, but there are lessons for public financiers, pension funds and policymakers from collapses of the past.
With pandemic-era aid gone and long-term structural challenges looming, 2026 budget debates will test lawmakers’ ability to balance short-term gaps and future risk.
They should take steps to protect and boost their own revenues. And they should take a second look at their own tax cuts.
Small schools with minimal staff face hundreds of hours of work to satisfy the Education Department’s new reporting requirement tied to post-affirmative-action scrutiny.
The number of people buying health plans on Obamacare insurance marketplaces is down by about 833,000 compared with a year ago, according to federal data released this week.
Unlike federal DOGE, the Montgomery County office doesn’t envision layoffs becoming part of its mission.
Taxes on alcohol, tobacco, gambling and cannabis produce a lot of revenue, but they raise questions of fairness.
It’s tempting for governments to shortchange spending on things like training, infrastructure maintenance and disaster preparation. But not spending the money can cost a lot more in the long run.
In short, more clarity with less spectacle. Last year’s federal tax cuts won’t have much of an impact on state and local revenues, but tariff refund politics could be a fiscal wild card. And AI’s effects will be felt on several fronts.
A decades-old payroll system and advance pay practices are costing the state millions and frustrating employees forced to pay it back.
Federal Medicaid cuts could shift millions in health-care expenses back to local governments.
The Trump administration is holding federal grants hostage to its priorities.
With no federal guidance, lawmakers are weighing how retailers should round cash purchases.
More than 8.3 million minimum-wage workers got a pay raise Jan. 1, marking the largest single-day wave of state minimum wage increases.
Despite being the nation’s largest full-time legislature, divided government and a budget impasse have sharply limited output.