Jobs Recovery Slows for States and Remains Uneven
An analysis by Fitch Ratings found that job growth had slowed for most states as Covid-19 cases and hospitalizations surge across the country.
West Virginians Were Promised an Economic Revival. It Hasn’t Happened Yet.
The coal industry continues to decline. Natural gas isn’t bringing the prosperity it promised, and now the pandemic has wrecked the state’s economy.
1-in-4 Adults Say Household Finances Deteriorated From March to September
New survey data from the Urban Institute presents these and other troubling findings about how many Americans are faring economically as the coronavirus pandemic wears on.
If You Soak the Rich, Will They Leave?
COMMENTARY | States and cities struggling through the pandemic recession are wondering if higher taxes will raise revenue, or cause a mass exodus.
Report: Amazon Got $741 Million in Tax Incentives to Build 36 Warehouses Around Chicago
STATE AND LOCAL ROUNDUP | Nevada county considers allowing brothels to open for non-sexual escort services … Utah hospitals preparing to ration care … Maine town booms during pandemic.
States Are Getting Close to Spending Down Federal Covid Aid
Two surveys of state and local officials find that states and local governments are using up the money, but that restrictions on how it can be spent have been problematic.
Local and State Governments Spent $9 Billion on Small Business Aid
As the economy cratered during the pandemic, local and state governments offered an important financial lifeline for small businesses, according to a new report.
New Hampshire to Sue Massachusetts Over Income Tax Policy
STATE AND LOCAL ROUNDUP | Michigan governor accuses President Trump of inciting terrorism … Trump administration reverses stance on California wildfire relief … Wisconsin to deploy National Guard as poll workers.
Marijuana Companies Seek Disaster Relief
Marijuana businesses can’t access traditional insurance or federal disaster funds.
The Draining of State Rainy Day Funds
COMMENTARY | At least 10 states have already tapped their emergency reserves, even as budget experts expect the worst revenue declines caused by the coronavirus pandemic to come in the months and years ahead.
Some States See Better Than Expected Revenues, But Budget Outlook Is Still Tough
Evaporating federal aid and uncertainty over what will happen next with the virus and the economic recovery are casting a long shadow over states’ finances.
Trump Says He Is Shutting Down Covid-19 Stimulus Negotiations Until After the Election
Treasury Secretary Steven Mnuchin had been in discussions with House Speaker Nancy Pelosi over a possible new deal.
Debt Collectors Have Made a Fortune This Year. Now They’re Coming for More.
After a pause for the pandemic, debt buyers are back in the courts, suing debtors by the thousands.
Overdue Rent is Piling Up and Could Total $34 Billion by January, Estimates Show
The National Council of State Housing Agencies says more federal aid will be needed to prevent evictions.
Treasury Secretary Suggests White House is Open To Deal on New State and Local Aid
Steven Mnuchin's remarks on Wednesday come as talks are restarting over the possibility of a coronavirus assistance package ahead of the upcoming election.
New Virus Relief Proposal Includes Less Aid for States and Localities
But there’s a chance it could help to revive stalled talks. House Democrats released their updated plan for a coronavirus assistance package on Monday.
Local Officials Say They Need More Time to Spend CARES Act Money, as Future Aid Remains in Doubt
State and local governments are up against a Dec. 30 deadline to use the coronavirus relief money, a timeframe that many local officials say should be extended.
Pandemic’s Uncertainties Hang Heavy Over Small City's Budget
Augusta, Maine has already resorted to layoffs and furloughs to slow spending. Looking ahead, there are still questions about what will happen with badly needed state aid and other revenues.
Why States and Localities Should Increase—Not Decrease—Spending
COMMENTARY | State and local governments that cut public spending after the Great Recession fared worse than those that increased spending. Let’s not make the same mistake again.
Six Months Into the Pandemic, Out-of-Work Texans Are Still Struggling to Navigate Unemployment System
As 1.8 million Texans continue to claim unemployment, many complain they still can't reach the Texas Workforce Commission and are quickly losing trust in Congress to agree to a second stimulus agreement.
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