Coronavirus

Fitch says Biden administration comments that it expects to maintain higher levels of Medicaid matching dollars through 2021 will help states.

A Pioneer Institute report cited “a persistent trend” of high-income earners leaving high-tax states for low-tax ones.

Michelle Getz was named a partner of the Equitable Facilities Fund.

The coronavirus emergency spending bill enacted by Congress in December included a provision enhancing the Low-Income Housing Tax Credit so it’s a true 4%.

New Hampshire wants the Supreme Court to hear its challenge to income taxes its neighbor levies on employees who began working from home during the pandemic.

Over half of the $4.3 billion rise in the $96.6 billion budget proposal is related to costs associated with the COVID-19 pandemic.

States and local governments have turned to deficit borrowing, spending cuts and other ways to keep up with increased expenses due to COVID-19.

The $350 billion direct aid would be only about one-third of the $900 for state and local governments that the House passed last year and the Senate blocked.

Nicole Gelinas of the Manhattan Institute explores New York MTA's structural deficits, a capital program on hold and federal rescue needs while ridership has cratered during the pandemic. Paul Burton and Andrew Coen host (21 minutes). Recorded Jan. 4.

Lack of female representation is a systemic issue in the financial services industry, made worse by COVID-19. We should use these pandemic lessons to balance scales that have been tilted for much too long.

Federal COVID-19 relief aid cushions the district's balance sheet but labor, state budget, and pension woes remain.

ISFA board member Leslie Darling will take over the role of board chair.

With interest rates at historic lows and stock market returns at record highs, Tucson sees a ripe opportunity to issue pension debt.

The case has also has fiscal implications for Arkansas, Delaware, Nebraska, New York, and Pennsylvania.

The bistate agency intends to fund a build-in-place Manhattan terminal with capital funds, air rights, PILOT payments and federal backing.

S&P Global Ratings raised Detroit's outlook to stable from negative on a BB-minus rating; Moody's affirmed the city at Ba3 with a positive outlook.

While federal funds enabled the transit authority to sidestep fare hikes for now, it faces a raft of pandemic-related variables and state budget uncertainty.

Robin Marshall, director of fixed income research at FTSE Russell, talks about what investors should be paying attention to during the coming year. He looks at inflation prospects, possible Central Bank actions and the continuing effects of the COVID-19 pandemic. Chip Barnett hosts. (15 minutes)

Skeptics ask whether New York's governor is overplaying the Washington hand and how the state can improve its own lot.

As travel declines during the coronavirus pandemic, munis backed by tourists' cash may come under increasing financial pressure.