In New Jersey, a Proposal for $1,000 ‘Baby Bonds’

Gov. Phil Murphy, who proposed the program on Tuesday, said it would be the first statewide initiative of its kind. But the added spending would come at a time when the state’s budget is strained.

Pennsylvania Governor Suggests Selling Marijuana Through State-Run Stores

Gov. Tom Wolf isn’t the first governor to recently float state-operated marijuana retail. Pennsylvania currently runs hundreds of wine and liquor shops.

Higher Rents Associated with Increase in Homelessness, Federal Watchdog Finds

The Government Accountability Office report comes amid concerns about evictions, as the coronavirus outbreak takes a financial toll on many Americans.

Saving in Times of Crisis: How People with Disabilities Can Increase Financial Stability

COMMENTARY | Americans with disabilities should consider depositing stimulus payments they receive from the federal government into ABLE savings accounts that maximize their impact.

State and Local Public Pension Funding Levels Steady—For Now

The outlook for the coming years is gloomier, as the coronavirus drags on the economy and strains governments’ finances.

Massive Fiscal Relief for Local Governments Is Vital to Keep the Economy Alive

COMMENTARY | With negotiations over the next coronavirus relief bill stalled in Congress, and state and local aid in question, the future of the nation’s economy is uncertain.

Michigan’s ‘Tampon Tax’ Challenged in New Lawsuit

The litigation is part of a national movement toward exempting menstrual products from states' sales taxes.

For Cities, Path to Financial Recovery Could Be a Long One

“It takes years for cities to recover lost revenue,” said one of the authors of a new report that surveys the financial affairs of nearly 500 cities across the U.S.

A Lawsuit Seeks to Restore Local Power to Tax Sugary Drinks

California enacted a law in 2018 that creates a huge roadblock for cities that want to tax soda and other sugary beverages. That statute now faces a challenge in court.

Governors Raise Concerns About Trump’s Unemployment Benefits Order

Asking states to chip in to cover 25% of the enhanced unemployment benefits at a time they are facing significant budget shortfalls is “laughable,” said New York Gov. Andrew Cuomo.

Critics Question CARES Act Spending in Some States

“I’ve yet to meet a pothole that has the coronavirus.”

Public Pensions Rally in Chaotic Stock Market, But Bigger Bills Still Coming for Governments

Pension earnings came up short this year. Eventually, that will require bigger contributions to make up the difference.

A Third of NYC Small Businesses Could Close as Result of Pandemic

New reports shed light on the long-lasting impacts the coronavirus outbreak could have on small businesses.

Virus’ Hit to Sales Tax Revenues is Coming Into Focus and It’s Not Good

New data shows a 10%, or $42 billion, drop in state and local sales tax receipts in the second quarter. Factors like whether groceries are taxed appear to be affecting collections in some states.

New Jersey Could Allow Local Governments to Borrow to Avoid Budget Cuts

Lawmakers this week approved legislation that would allow county and municipal governments to issue "coronavirus relief bonds" they would then pay back over 10 years.

With No Agreement on Coronavirus Aid, Senate Turns to Standalone Unemployment Bills

Before adjourning for the weekend, Senate Republicans introduced several bills Thursday that would extend federal unemployment benefits for out of work Americans.

State, Local Disagreements About Coronavirus Funding Boil Over

In Miami-Dade County, officials with the city of Miami are threatening a possible lawsuit, saying the county has shortchanged them. County officials say they need to be conservative with the limited funding.

In California, State Lawmakers Propose $100 Billion Stimulus Plan

The proposal calls for offsetting reduced federal unemployment benefits and a program to incentivize early tax payments.

Senate Republicans’ Relief Bill Scales Back Enhanced Unemployment Benefits

The proposal also does not include funding for state and local governments, but would allow them to use previous funding to offset falling revenues.

States Raid Fund Meant for Needy Families to Pay for Other Programs

"TANF is a slush fund."

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