Far West

The House Republican blueprint for tax reform introduced last month would result in a 9.1% higher GDP over the long term, 7.7% higher wages and 1.7 million more full-time equivalent jobs, the Tax Foundation said on Tuesday.

The Los Angeles City Council approved placing a $1.2 billion bond to pay for homeless on November's ballot.

Gas taxes rose in Maryland and Washington with the beginning of fiscal 2017, while they dropped in three other states.

An audit conducted by the Los Angeles Controller's office found that a city stormwater management program was making $47 million in unnecessary interest payments by structuring the timing of issuances incorrectly.

The Municipal Securities Rulemaking Board is asking the Securities and Exchange Commission to approve rule changes that would create a new academic trade product with anonymous dealer identifiers that has proved somewhat controversial.

Revenue estimates for the District of Columbia's fiscal 2016-2020 budget and capital plan remain nearly unchanged from the district's February estimate, D.C.'s chief financial officer said this week.

Virginia is seeking a $200 million federal grant to help fund its $1.4 billion Atlantic Gateway mobility effort.

Decades of fiscal restraint have put L.A. County in a better position to step up spending to address homelessness, prison overcrowding and other social needs.

The Senate is poised to pass the Puerto Rico rescue bill after clearing what many say was the final hurdle for the legislation on Wednesday morning, invoking cloture by a vote of 68 to 32.

California Governor Jerry Brown scored a win on the budget he signed Monday in efforts to convince legislators to continue to restrain spending.