Another large bank plans to exit the muni market
It’s the second big bank to drop its municipal bond business this year. But its decision, which many believe is the result of anti-ESG politics, could have a significant impact.
‘They see a cash cow’: Corporations could consume $50 billion of opioid settlements
Businesses are swarming state and local governments to pitch products and services that they claim can help address the opioid crisis, but experts warn profit-driven companies could be after a share of opioid settlement cash.
‘Smash-and-grab’ robberies fuel new laws, but critics question the need
A national group retracted its assertion that organized retail crime stole half of missing merchandise.
A huge EV factory is coming to west Tennessee. Here’s how locals are ensuring they benefit.
Communities are using an organizing tool intended for sports stadiums to bargain with energy transition projects for labor standards and affordable housing.
Extreme weather cost $80 billion this year. The true price is far higher.
The U.S. saw 25 billion-dollar weather disasters this year—more than ever before. Next year could be worse.
2 million women, children risk losing WIC food assistance, study says
Unless Congress increases funding for the program by $1 billion, states will have to start turning people away around March.
California’s budget troubles are unique—at least for now
The Golden State could face a $68 billion deficit through mid-2025. But other states appear to remain fiscally strong, with many still spending surpluses. Plus, more news to use from around the country in this week's State and Local Roundup.
WIC applications are up in many states
But a new study reveals that despite increasing demand, states are already struggling to reach all the women, children and infants eligible for the program.
High taxes aren’t causing rich New Yorkers to flee, study says
The report points to data showing top earners from the Empire State decamp less often than lower-income residents, and when they do leave they move to high-tax states.
What a major income tax case before the Supreme Court means for states
During oral arguments this week, the court signaled it was wary of issuing an opinion that could upend the tax code.
Child care programs see closures, resignations and tuition hikes after federal funding expires
In West Virginia, providers and parents are feeling the impact on the other side of the "child care cliff."
Why tenants struggle more in the wake of hurricanes
Eviction filings and threats of eviction tend to increase after hurricanes, which experts say could be fueling housing instability and displacement in the wake of disasters.
After a pandemic pause, Detroit restarts water shut-offs—part of a nationwide trend as costs rise
COMMENTARY | Cities are turning to water shut-offs as more water service bills go unpaid as utility costs continue to climb.
City leaders fund child care center with tax district typically used for roads, sewer
By creating a tax increment financing district, Madison, South Dakota, looks to build a child care center to improve local economic development and access to child care services.
Health insurers have been breaking state laws for years
States have passed hundreds of laws to protect people from wrongful insurance denials. Yet from emergency services to fertility preservation, insurers still say no.
Senate passes stopgap measure to avert government shutdown
The chamber approved the same “laddered” spending bill as the House in a 87-11 bipartisan vote.
States expect ‘big jump’ in Medicaid spending
As pandemic-era federal funding support winds down, state Medicaid directors said in a survey that they anticipate their share of the costs to increase even as enrollment declines.
Helping cities flip money pits into gold mines
An incubator is working with cities to capitalize on their under-used properties by helping them to think like real estate developers.
Shutdown appears averted as House passes ‘laddered’ proposal
The continuing resolution extends SNAP through September, ensures other benefit programs are funded into early 2024 and avoids millions of workers being furloughed.
A dispute over Amtrak funding derailed a vote on THUD
The House GOP’s Transportation and Housing and Urban Development funding bill would cut $8 billion from the departments. But that’s not what scuttled the vote.
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