Finance
An Attack on Auditor Independence Jeopardizes One State’s Fiscal Future
The Iowa Senate passed a bill that severely limits its auditor’s access to critical documents. The ramifications could be severe.
Biden Administration Unveils Plan to Boost Affordable Housing
Housing advocates have praised the president’s budget proposal, which would give housing programs a $1.1 billion bump.
As Supreme Court Considers Student Loan Forgiveness, States May Expand Their Programs
At least two dozen bills are moving through legislatures this spring.
House GOP Tightens Rules for Earmarks
The move will likely limit future funding for state and local government projects in the areas of education, human services and workforce development, as well as for government operations.
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Eliminate Manual Processes Route and Approve Invoices from Anywhere
Today’s finance teams carry a heavy burden, supporting everything from growth strategies to long-term planning – all while continuously delivering monthly and quarterly numbers and keeping cash flowing. But even as demands on finance departments grow, many still spend excessive time using paper, spreadsheets, and e-mails to process vendor invoices, approvals, and payments.
State & Local Roundup: The Child Tax Credit Gets a Boost
President Biden this week proposed bringing back the 2021 expanded credit amidst moves by states to enact their own. Plus: A red state pot rebuke; Tennessee restricts Nashville’s city council; Boston transit troubles; and more news you can use from around the country.
Here’s What’s In Biden’s Budget Plan for State and Local Governments
The administration, among other things, wants to dramatically increase funding for housing and restore the child tax credit.
5 Ways Local Governments Can Make Spending Smarter
COMMENTARY | There’s a lot wrong with the way governments purchase goods and services. But there are also ways to bring creativity and efficiency to procurement, harnessing it for innovation and economic growth.
Colorado Expands Unemployment Insurance—And Others Are Watching Closely
Colorado’s low-cost approach to getting benefits out the door quickly could provide a model for adapting or modernizing public assistance programs elsewhere.
Republicans Want to Incentivize States to Recover Stolen Unemployment Benefits
The House Ways and Means Committee approved a bill this week that would let states keep 25% of any money they recover that was fraudulently obtained or improperly given out.
Nurturing Entrepreneurship Boosts Economic Growth
COMMENTARY | States should direct more money from incentives to small businesses and entrepreneurs and less to attracting large companies.
Feds to Hand Out $39B to Chip Makers in Workforce Development Subsidies
To access the funding, companies will not only need to show how they plan to train and recruit workers, but also how they will provide child care.
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