Taxes
Covering topics such as bonds, cryptocurrency, federal aid and pensions.
States are spending a lot of their federal TANF money on things that don’t help families that need it the most, and work reporting requirements keep too many families from accessing benefits.
The city will make available prepaid gas and transit cards, worth $150 each, for as many as 50,000 drivers and $50 for up to 100,000 transit riders. The announcement follows a possible mayoral candidate’s free gas giveaways.
In some states, Uber and Lyft don’t have to pay if passengers are hurt by a hit-and-run. There are moves in a number of states to increase protections for riders and drivers in the case of accidents with uninsured motorists.
As a reprieve from high inflation and gas prices, and to hopefully spur ridership back toward pre-pandemic levels, Connecticut will use $8.1 million of ARPA funds to cover public bus fares for the next three months.
The White House has taken the first step. It’s time for our governments at every level to underwrite a public-private “solidarity bridge” to host many more: up to a million refugees and wartime orphans.
Consumers are feeling pain at the pump and demanding solutions. Some politicians are pushing gasoline tax waivers – but that means less money to fix roads, and often not much economic relief.
Gov. Gavin Newsom and Democratic lawmakers have made several proposals on how to help alleviate the financial pressures of increasing gas prices and inflation costs, but it’s unclear which plan will be the final version.
Fourteen people are accused of submitting fraudulent COVID-19 business relief applications totaling more than $183 million; another two dozen cases have already been resolved and dozens more investigations are still open.
Revenues are robust enough to allow for increased spending, and tax cuts on top of it. But current flush conditions might not last long enough to turn permanent cuts into a good idea.
The state pours $100 million annually into the system, with a proposed increase of $250 million this year, and yet it remains unable to keep staff and place troubled youths in the right places quickly.
Nearly 50 percent of Gary residents are not subscribed to a broadband service. Town officials hope that $5 million of ARPA funds will eventually reduce that digital divide by 90 percent.
Kansas is just the latest: States keep throwing money at corporations, a practice that does little to improve their economies. What if they all decided to end this wasteful and ruinous arms race?
Civic engagement consultant Irina Fursman, who lived in Ukraine, has raised more than $20,000 from U.S. gov tech companies to help people there meet their basic needs amid the Russian invasion.
The stimulus program that followed the Great Recession was a model for tracking projects and spending down to the ZIP code level. We don’t have that with the American Rescue Plan, dooming us to fight about what matters most.
U.S. Senate Majority Leader Chuck Schumer and Sen. Kirsten Gillibrand announced the funding will be used to help city residents bounce back in their careers and education after being hit hard by COVID-19.
Another $85 million will be allocated toward building a new federal courthouse, replacing the current one that was built in 1933 and no longer meets safety, prisoner security or accessibility requirements.
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