Creating More Capital for Underserved Communities Through State-owned Banks
COMMENTARY | Several states are considering establishing a banking system to boost the financial health of their local economies.
Does Raising the Minimum Wage Kill Jobs?
COMMENTARY | The question is actually one of the most studied in all of economics and still doesn’t have a definitive answer – though Nobel-winning economist David Card got us closer.
State and Local Government Job Growth Lags Behind Private Sector
City and county payrolls are down more than 5% from pre-pandemic totals, excluding education positions, according to a report.
Museums, Cultural Institutions Cut Jobs Despite PPP Loans, Report Finds
More than 14,400 employees were laid off from 288 institutions that received federal loans meant to help preserve jobs, according to a public service employees union.
Small States Cry Foul on Federal Rental Relief Redistribution
They don’t want to forfeit unspent money to other states.
Governments Face Soaring Costs Burying Poor and Unclaimed Dead
Individual burials can be $2,000. The costs have increased dramatically during the pandemic, with some communities turning to federal aid to help cover the expense.
Appeals Court Rules Against States Challenging SALT Deduction Cap
The decision comes amid debate in Congress over whether to roll back the $10,000 limit on a write-off for state and local taxes.
67% of Cities Plan to Use ARPA for Lost Revenue
Cities are more likely to use money to replace lost tax revenues than to spend on infrastructure, according to a National League of Cities report.
Best States to Save for Retirement
New Hampshire tops the list of best states to save, offering a more affordable housing market and lower taxes, according to a recent report. Other top states are in the West.
Treasury Outlines How it Will Claw Back Rental Aid From Slow Spenders
The department plans to redistribute the money to jurisdictions that are moving faster to get it to struggling renters and landlords.
Can the US Create Universal Pre-K Without Repeating Past Mistakes?
A proposed $450 billion investment in child care and preschool could fundamentally change the nation’s approach to early learning — but getting the right money to the right people is complicated.
The States With the Highest and Lowest Minimum Wages
Workers in many states and cities have seen the minimum wage rise over the past few years, but there are still critics who question whether bumping up the pay floor is the right move.
Why Some Small Towns Are Rejecting Federal Covid Relief Funds
At least 171 communities have declined the federal aid so far.
Trillions in Infrastructure Spending Could Mean Hundreds of Billions in Fraud
COMMENTARY | Congress is inching closer to passing as much as $4.5 trillion in new infrastructure and social spending, which would be an attractive target for fraudsters.
Four-State Economic Renewal Plan Gets Fresh Attention
Local officials and others launched discussions this week about a broad revitalization proposal for Appalachia. Talks come as federal legislation could unlock money to help make it feasible.
States With the Most and Least Student Loan Debt
Utah tops the list for states with the least student loan debt while West Virginia comes in last place, according to recent report.
Audit Warns State Could Lose Over $330M in Rental Aid
The way California defines whether or not emergency rental assistance has been “obligated” could put it at risk of forfeiting funds, a state watchdog says.
Top Democrats Announce Deal on Raising Revenue for $3.5T Package
The announcement comes as President Biden is trying to shore up support within his party for sweeping domestic legislation that would direct funding towards areas like education, health care and climate initiatives.
The Government Gave Free PPP Money to Public Companies Despite Warning Them Not to Apply
At least 120 publicly traded companies that received large PPP loans grew their revenues last year and have been allowed to keep the money anyway, according to a ProPublica analysis. The program was built to help small businesses.
The Best and Worst Places to Work in America
A nationwide ranking from a nonprofit group factors in state policies related to wages and worker protections.
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