Treasury to Begin Distribution of $350 Billion for State, Local Governments
The guidance released Monday gives governments wide latitude in spending American Rescue Plan funds.
GOP Governors Move to End Pandemic Unemployment Benefits
The state-level action mirrors a national debate over whether expanded jobless benefits are driving a workforce shortage.
Getting the 'Bosses of Procurement' to Understand its Strategic Value
State procurement departments have been front and center during the pandemic. Once the crisis wanes, focus on procurement may diminish, but officials say it needs ongoing high-level attention.
The Tax Landscape is Changing. Here’s How States and Localities Can Keep Up With a Moving Target
COMMENTARY | As businesses adjust the way they operate in a post-Covid era, state and local governments must re-evaluate how to collect taxes and maximize revenue streams.
A $4.5B Pool of Economic Recovery Funds States, Localities Can Tap Into
The U.S. Economic Development Administration received an influx of Covid relief dollars over the past year that is more than 10 times the size of its usual budget. That money is now flowing as grants.
State 529 Education Account Winning American Families’ Pandemic Savings
COMMENTARY | U.S. households are saving at an historic pace, and new and existing 529 savings accounts are up 14% year over year.
As Influx of Aid Nears, Some Spending Principles For States and Localities to Consider
Billions in federal coronavirus relief payments to states and localities are expected in May. Important choices lie ahead about how to best put the money to use.
Biden Advocates For Sweeping New Federal Investments
The president made the case for his agenda before a joint session of Congress, as he reaches 100 days in office. Many of his proposals have implications for state and local government.
Biden’s American Families Plan Asks States to Pony Up for College, Pre-K
The administration introduced the $1.8 trillion proposal Wednesday that focuses spending on education and child care.
How the Federal Reserve is Increasing Wealth Inequality
The Fed’s low-interest-rate policies have stabilized the economy and turbocharged the stock market. But those who don’t own lots of stocks haven’t benefited anywhere near as much as those who do.
It’s Time to Reject Fines and Fees as a Solution to Budget Problems
COMMENTARY | State and local governments must dramatically reduce their reliance on this hidden regressive system of taxation that worsens racial and economic inequities.
Justice Department Defends Tax Mandate Provision in Covid Relief Bill
In a court filing, the department responded to a lawsuit filed by Ohio’s attorney general, who said the tax mandate was unconstitutional and encroached on his state’s financial decisions.
House Lawmakers Launch Group to Fight for 'SALT' Cap Repeal
But they face firm Republican opposition and there are no clear signs of support coming from the White House.
Why Wall Street Investors’ Trading California Water Futures is Nothing to Fear – and Unlikely to Work Anyway
COMMENTARY | Futures won’t affect whether there’s water in the hose
New Treasury Office Will Oversee Covid Relief and Recovery Programs
Billions in state and local government aid is part of the office's portfolio.
Cities Prepare to Spend Historic Sums of Federal Aid
In addition to filling budget gaps, they're looking at longer-term recovery programs focused on areas like housing and job training.
Could Online Sports Betting and Gambling Help Close State Budget Shortfalls?
COMMENTARY | Taxes on online betting and gambling can help government leaders boost their budgets and create sustainable economic growth.
Alternatives to Juvenile Justice Probation Growing in Many States, Report Finds
Research by the National Conference of State Legislatures shows that states are turning to more effective programs that incentivize and mentor young offenders rather than punish them.
The Case for Luxury Housing
COMMENTARY| New market-rate development helps relieve pressure on local housing prices.
Biden's Budget Would Up Spending on State and Local Programs
The president's initial fiscal 2022 blueprint, released Friday, calls for a 16% federal spending increase on a broad slate of domestic programs. Republicans swiftly criticized the plan.
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