Washington D.C. Mayor Muriel Bowser submitted her balanced 2026 budget to City Council that includes a double down move on building an NFL football stadium while cutting city programs and putting a freeze on hiring.

Denise Canada, appointed by Brad Briner to head state and local government finance, has experience working for the state's local and state governments.

The bill attacks Gov. Gavin Newsom's executive order requiring state regulations phasing out the sale of new gasoline-powered cars and trucks by 2035.

Mayor Mike Johnston, who announced furloughs and a hiring freeze, said an economic downturn spurred by President Donald Trump is major challenge for the city.

Facing big demand for housing, the state's efforts to spur development have spurred litigation by cities challenging recent laws and a compliance crackdown.

The department shifted funds that would have been invested in solar power to improve the island's electrical system.

Bond yields are shooting up for the second time in as many months. Federal Reserve Gov. Christopher Waller attributes the volatility to concerns about rising national debt levels.

The Senate will likely revise the House bill, which left tax-exempt bonds untouched after months of speculation.

Gov. Ron DeSantis wants property tax cuts and House Speaker Daniel Perez wants a sales tax cut as future state deficits are projected.

California Gov. Gavin Newsom's proposal to speed plans for a second tunnel for the state's water conveyance system is facing stiff opposition from the Delta Caucus.