The House Appropriations Committee kicks things off with markups of three infrastructure-related funding bills this week, including transportation.

The comprehensive federal tax bill President Trump signed July 4 is credit negative for universities, Moody's Ratings said.

Most states have already enacted their budgets for the fiscal year as the effects of Medicaid restrictions and tax policy changes in the One Big Beautiful Bill are being analyzed and raising concern.

The layoffs will mean a hit to basic services and the cancellation or delay of projects.

The dueling lawsuits underscores the need for alternative dispute resolution in public-private partnership contracts, said a P3 attorney.

Without the increase U.S. Virgin Islands matching funds bonds would have defaulted in the next few years, some observers said.

California local, state and federal officials blasted the Trump administration and congressional GOP for blocking supplemental recovery aid after the wildfires.

The budget traveled a bumpy road before a package of spending bills won final passage just days before the July 1 start of fiscal 2026.

The policy shift may crowd out some projects, warned Baruch Feigenbaum, senior managing director of transportation policy at Reason Foundation.

Housing advocates are celebrating the passage of the One Big Beautiful Bill for the boost in Low Income Housing Tax Credits which is projected to boost the use of private activity bonds.