Tax

Texas sales tax revenue rose 2.5% in April despite continued weakness in the energy sector.

The outlook on Mississippi’s AA S&P rating was revised to negative.

Trump's tax plan could hurt state and local finances and bond financings.

President Donald Trump’s budget numbers don’t add up and his tax and spending plans are likely to lead to bigger deficits and higher interest rates, said former Federal Reserve Chairman Alan Greenspan.

Connecticut's governor will meet with lawmakers in an effort to move the state budget forward.

Louisiana will pre pay revenue anticipation notes due to a pick-up in revenue collections.

Municipal bonds finished steady on Thursday, according to traders, as the last big sale of the week came to market.

California localities await funds from the recently adopted state transportation funding bill.

The tax plan, which would dramatically reduce tax rates and simplify the tax system, would be paid for partly with the elimination of deductions and loopholes for the wealthy, raising fears over the tax-exemption.

Mnuchin says the administration will come out with a comprehensive tax reform plan soon and is working on broad financial reform and repealing or fixing burdensome tax rules.