The House and Senate differ in their approaches to lowering property taxes by billions of dollars as the state anticipates a record budget surplus.

Republicans argued the longtime transit and airport CEO lacked the experience necessary to head the FAA.

The move by a Senate committee would pass a baseline budget and put off actions on some of Gov. Janet Mills' new spending proposals.

The state House Appropriations Committee dropped $3.86 billion from a supplemental spending bill, but its chair said the money is "still in play."

"If banks become even more reluctant to make new loans, the likelihood of a recession grows," says New York City Comptroller Brad Lander.

Wisconsin's Republican legislative majorities for a third consecutive biennium rejected Democrat Tony Evers' capital plan and will craft their own version.

President Joe Biden's fiscal 2024 budget zeros out spending for the popular RAISE grant program.

Volkswagen will benefit from the largest economic development deal in South Carolina history as it launches a new, all-electric brand of Scout SUVs and pickups.

Flint will receive state pension funding help but plans to press for more pension and local government revenue aid to preserve its struggling tax base as it recovers from the 2014 water contamination crisis.

Big national banks would be banned from state and local government contracts in Oklahoma if their policies "discriminate" against the firearm industry.

The state seeks "long-term stable funding" to advance the nation's largest infrastructure project, which remains in slow motion after almost 15 years.

The Kaiser Family Foundation's report drew the ire of the American Hospital Association, which said it excluded many community benefits from its analysis.

A legislative investigation found Comptroller General Richard Eckstrom responsible for an error that was overlooked for a decade and ballooned to $3.5 billion.

The state plans to enter the market before the fiscal year closes June 30th with eyes turned to Fitch and whether it will follow Moody's and S&P with an upgrade.

Chicago Mayor Lori Lightfoot and council members passed resolutions honoring Msall for guiding local finances over two decades as Chicago Civic Federation president.

Members of the Fed learned the wrong lesson from bizarrely focusing on the 1970s when they said "If history has taught us anything, it's to not let up too soon on inflation."

Until now, the battle over the role of ESG factors in investing has played out on the state level.

Illinois Comptroller Susana Mendoza talks with Yvette Shields about the state's progress on building up reserves and paying down debts that have helped lift the state's bond ratings, efforts to make further headway and the challenges of making sure fresh legislative faces understand the pains suffered during the two-year budget impasse. (35 minutes)

The bill's sponsor pointed to board members' need for expertise.

Lawmakers must consider the proposal before the end of the legislative session this month after a gut-and-amend maneuver.