Taxes
Covering topics such as bonds, cryptocurrency, federal aid and pensions.
Last month, Washington increased funding for the preschool program by $275 million. Additional funding for salaries may help address workforce shortages that have led to a steep decline in enrollment.
Revenues are coming in slower, creating some shortfalls. Following recent boom times, even a bit of belt-tightening is going to come as a shock.
Billions of dollars in tax-sheltered municipal bonds are sold to fund stadiums and arenas that enrich team owners while fueling federal deficits. Local politicians can’t say no, but Congress should.
Ten states have yet to expand eligibility under the Affordable Care Act. Doing so would save lives, improve financial well-being, save states money and support regional economies.
The statewide clearance rate for crimes was just 13.2 percent in 2022, according to a new report. The rate for poverty crimes was only 7.2 percent.
A plant in Michigan might become the first to reopen after closing.
Thousands of county officials came to Washington, D.C., to make the case with Congress that funding counties directly is the best way to improve lives across the country’s diverse rural and urban communities.
The Georgists advocated shifting the tax burden from buildings to land. Today that would face major political hurdles, but there might be variations on the concept that could spur housing development and discourage land speculators.
State budgets are on track for modest growth even as federal fiscal recovery funds wane, pension underfunding persists and AI promises (or threatens) to change everything.
The Bipartisan Infrastructure Law directed billions toward public transit in New York, but the state is choosing to spend billions more on highways.
The Biden administration wants to help remove all lead service lines in the U.S. within the next decade. A new report from the Center for American Progress highlights progress in states like Wisconsin and Pennsylvania.
There are millions of them, many of them still want to work, and they have a lot to offer. It’s time to rethink laws and pension rules that prevent them from contributing.
Washington provided $800 billion in pandemic relief. With most of that money spent, states now face major funding gaps for Medicaid, while school districts, child care providers and transit agencies are also struggling.
Future in Context
Mental health, climate and workforce are at the core of a complex cluster of issues confronting lawmakers this year.
The state has settled a lawsuit filed on behalf of low-income students of color from Oakland and L.A. They claimed the state offered insufficient support for remote learning.
Tens of billions in federal funds are on the way to spread high-speed Internet across the countryside. States should structure their grant programs to make sure markets are competitive.
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