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Illinois Gov. J.B. Pritzker's budget proposal, rosier revenue estimates and the prospects of more federal aid are only short-term salve for the state's long-term fiscal strains.
February 19
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All three phases of Maryland's public-private partnership would make it the largest P3 in the world.
February 19
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Lawmakers will vote next week on a relief package agreed to by the governor and legislative leadership.
February 19
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The governor has formed an Office of Climate Action and the Green Economy, while committing $100 million for clean-energy initiatives that include vehicle electrification.
February 18
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Gov. J.B. Pritzker's says potential federal funding relief would go first to pay down short-term debts likes its Federal Reserve borrowing and the state's bill backlog.
February 17
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Indiana, Michigan and Ohio budget proposals benefit from a revenue picture that is more optimistic than feared earlier in the COVID-19 pandemic.
February 16
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Howard Cure of Evercore and Maria Doulis, formerly of the Citizens Budget Commission, explore New York City's fiscal variables amid the pandemic. Paul Burton hosts. (30 minutes). Recorded Jan. 26.
February 16
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Gov. Jim Justice outlined a vision to repeal the state income tax, which drives almost half of the state's general fund revenue.
February 12
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The governor, in his $46 billion biennial budget proposal, called for both as the state seeks to plug a deficit from the effects of COVID-19. The plan also has a bond provision.
February 11 -
Local governments would get 40% of the $350 billion in direct federal aid to state and local governments.
February 10
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J.B. Pritzker laid out a few details of his upcoming budget proposal, saying he won't seek a tax hike and will hold spending steady.
February 9 -
The state plans a series of municipal bond sales with tailwinds from upbeat fiscal news, including its first surplus on a GAAP basis.
February 9
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Tom Kozlik of Hilltop Securities examines variables related to President Biden's first-stage rescue package, including market reaction, state-local aid and vaccine rollout. Paul Burton hosts; Recorded Jan. 27. (19 minutes).
February 9 -
The Pennsylvania governor can expect pushback from Republican lawmakers over budget-balancing plan aimed at higher wage earners.
February 4
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Maria Doulis, named deputy comptroller, was vice president at the watchdog Citizens Budget Commission while Todd Scheuermann, assistant comptroller in the Division of Budget and Policy Analysis, had been secretary to Senate finance committee.
February 2
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Fitch says Biden administration comments that it expects to maintain higher levels of Medicaid matching dollars through 2021 will help states.
February 2
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A Pioneer Institute report cited “a persistent trend” of high-income earners leaving high-tax states for low-tax ones.
February 2
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Lee Igel of New York University's Tisch Institute for Global Sport explores what's behind the mad scramble among states to legalize sports betting. Paul Burton hosts. (15 minutes)
February 2 -
Come away better prepared for what’s ahead after hearing Satish Kini and David Sewell of Debevoise & Plimpton and Darin Jarrett, Deputy BSA/AML Officer at American Express, in conversation with Bonnie McGeer, Executive Editor of American Banker, as they explore: •How the new administration might change the BSA/AML Act •Are there easy wins in relieving the burden of suspicious activity reports without undermining effectiveness? •New ways that companies are innovating within AML compliance and risk •What banks are doing to drive next-gen efficiency and effectiveness of risk and compliance
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Over half of the $4.3 billion rise in the $96.6 billion budget proposal is related to costs associated with the COVID-19 pandemic.
January 28
