Washington

The Tax Cuts and Job Act will be up for renewal by the winners of the next election cycle

The state did not rule out a future public-private partnership but said it's current focus is on public funds.

The budget impasse is closely watched by cities, colleges and other government entities that receive federal aid.

Mainly attributable to high inflation and increasing interest rates, costs have been increasing for retail sized trades but remained steady for institutional sized trades.

Tracey Manzi, senior investment strategist at Raymond James, talks with Chip Barnett about the fixed income markets today and how munis and Treasuries are doing. She says the number one issue clients are asking about is inflation. (20 minutes)

In a hearing held by the Department of Treasury and Internal Revenue Service, representatives for local governments and public power agencies expressed what they see as essential in getting the most out of the Inflation Reduction Act's tax credits.

Missouri's move to directly regulate asset managers on ESG-related matters marks a new front on the ESG battleground.

Calls the save the tax exemption are sounding as rising U.S. debt to GDP ratios and increased interest rates could point to austerity measures in the near future.

The decision to cut Build America Bond subsidies marks a "multi-billion-dollar broken promise by the federal government," said public power agencies that have sued the United States.

A letter signed by GFOA, NLC and NACo, expressed concerns over the IRS and Treasury's tax credit election, particularly, complexities around pre-filing and compliance.