Politics and policy
Politics and policy
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CPS expects to close the current fiscal year with a clean slate on short-term borrowing for a second year in a row but it will still rely on TANs to manage liquidity throughout the next fiscal year.
June 14 -
Lawmakers will be called back into session after Gov. Greg Abbott vetoed a bill for having too many loopholes.
June 14 -
Gov. Ned Lamont signed income tax rate cuts expected to benefit nearly 1 million people in the most comprehensive cut since the income tax was imposed in 1991.
June 13 -
Community colleges will be rewarded based on results that align with regional and state education and workforce needs.
June 13 -
Analysts agree with the market that the Federal Open Market Committee will hold rates in a range of 5% to 5.25%, but guidance will suggest a future hike.
June 13 -
Houston is one of the largest U.S. cities to set up a trust to help fund non-pension retiree benefits such as healthcare.
June 12 -
The report provides the first step in assessing what level of benefit enhancement is needed before further state action is taken on Tier 2 pension benefits.
June 9 -
The bill moved through votes in the Republican-controlled state legislature and onto the desk of a supportive Gov. Kay Ivey in just under a month.
June 8 -
Additionally, state Treasurer Dale Folwell endorsed an anti-ESG bill in the state legislature.
June 8 -
Some Democrats objected to the lack of hearing on the bill, which cements Aviation Trust Fund taxes for the next five years.
June 8 -
Weekday ridership on the farebox-dependent regional transit system is below 40% of pre-pandemic levels. Some lawmakers are pushing a state transit rescue package.
June 8 -
The City-County Council signed off on up to $625 million of borrowing for a city-owned convention center hotel after a developer-financed plan fell through.
June 7 -
Economic boosters in Virginia say 100,000 acres of abandoned mine lands can provide the state a unique tool in meeting green energy goals.
June 7 -
The website highlighting newly launched public and private projects comes ahead of the administration's second "Investing in America" tour in July.
June 7 -
"We are delivering the largest cut to Connecticut's income tax rates in state history," Gov. Ned Lamont said.
June 7 -
The state's attorney general called the move unconstitutional and warned that it will likely lead to costly litigation.
June 6 -
Cook County, local governments, transit agencies, and the education and hospital sectors all benefit from bills passed by Illinois lawmakers.
June 6 -
"It's a quiet revolution," said Reason Foundation's Robert Poole.
June 6 -
Volatility in fixed income prices, which has risen recently, should not be mistaken for a systemic flaw in market structure or be used as a "strawman" to fix the plumbing and functioning of these markets.
June 6 -
Texas Gov. Gregg Abbott plans a special session on school choice as more states pass vouchers and Arizona's universal program sees costs explode.
June 5



















