While the new tax policies should address the state's projected deficit, rating agencies are cautious about the projected revenues and federal spending on Medicaid, which could impact Louisiana.

The Municipal Securities Rulemaking Board Thursday announced the members of its 2025 advisory groups.

Among the materials for lawmakers is a new report estimating the tax exemption saves issuers $824 billion through 2035.

New York Mayor Eric Adams, bolstered by lower-than-forecast spending on migrants, proposed a $114.5 billion budget for the fiscal year that begins July 1.

The state will try to convince the rating agency to lift its debt to AA, to match the rating others have assigned.

Treasury Secretary nominee Scott Bessent sparred with the Senate Finance Committee over the future direction of fiscal policy in the Trump administration that will be trying to tackle major tax legislation.

OMB director nominee Russell Vought said he supports allowing the president to redirect funding away from state and local governments, bypassing the congressional appropriations process.

Because of the disaster, income tax filing deadlines for Los Angeles County residents will be delayed to October, muddying the revenue picture for the state.

The former congressman from Wisconsin saw bipartisan support Wednesday during a friendly Senate confirmation hearing.