Politics

States and tax experts are wrestling with post-SALT scenarios.

"Our issues seem complicated, but have the simple end goals of saving tax dollars, investing in infrastructure and creating jobs," retiring Rep. Dutch Ruppersberger, founder of the House Municipal Finance Caucus, told a public finance crowd Thursday.

California hospitals will be forced to close if they don't complete earthquake safety upgrades by 2030. Gov. Gavin Newsom vetoed a bill to extend the deadline.

Mayor Eric Adams was indicted on federal bribery, campaign finance and conspiracy charges, the U.S. Attorney's Office announced Thursday.

The continuing resolution to keep the government funded was passed without the inclusion of controversial legislation requiring proof of citizenship in order to vote.

State income tax collections were off last year and some analysts are watching to see how planned tax cuts will affect the triple-A state's revenues.

As the economy normalizes, state revenues are shrinking

Americans are not benefitting enough from federal infrastructure investment, said Judge Glock of the Manhattan Institute.

An outlook revision to positive for the state's Aa2 general obligation rating comes as a methodology update led to downgrades for certain revenue bonds.

After cutting rates 50 basis points in September, the Federal Open Market Committee meets after Election Day to determine monetary policy. Gary Pzegeo, head of fixed income at CIBC Private Wealth U.S., provides his take on the latest move.