The hard-fought increase to the cap on state and local tax deductions that was instrumental to passing the House GOP tax bill is under fire in the Senate.

Ahead of a 14-3 vote to pass the $7 billion spending plan, concerns were raised about new legislation affecting the city's public safety pension funds.

The North Carolina Office of State Budget and Management says the state will have widening deficits starting in fiscal 2026 unless changes are made.

The bullet train's delays and cost overruns amount to a material project change and event of default under the federal-state agreement, the FRA said.

The deal to buy the for-profit University of Phoenix faced opposition from the state attorney general and lawmakers and rating agency questions.

BlackRock Inc. was removed from Texas' blacklist of companies that "boycott" fossil fuels, ending a three-year standoff over the firm's environmental policies.

A legislative office predicted the tax cut package would lead to a loss of $500 million a year rather than be revenue neutral.

The Illinois General Assembly sent Chicago transit agencies closer to the fiscal cliff, adjourning without sending a funding bill to Gov. JB Pritzker.

The American Association of Port Authorities is pushing back at the Trump administration's One Big Beautiful Bill Act over plans to curtail two key grant programs vital to the maritime sector.

The SEC charged two entities with violating federal securities laws by advising clients on municipal bonds without properly registering as municipal advisors.

As bond issuers and the infrastructure industry ponder a post-BIL future, some look to Europe for how P3s and privatization could help spur investment and raise grades on the infrastructure report card.

State governments would either have to spend more or fewer people would be covered, or a combination of the two, under the GOP's Medicaid and SNAP cuts.

An economic slowdown partially fueled by tariff turmoil has forced West Coast states to lower revenue projections and slash budgets.

Investors want to be compensated for the uncertainty.

Controller Chris Hollins raised several concerns about the mayor's $7 billion budget for the fiscal year that begins July 1, including its use of reserves.

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.