Despite debt deal, GOP House looks to cut spending to below last year’s levels
An appropriations subcommittee bill would reduce federal spending on housing and transportation by one-fourth.
Child care costs would fall for low-income families under new rule in government program
The Biden administration plans to strengthen the Child Care & Development Block Grant with easier access and copayment caps for families, along with more payment stability for child care providers.
Want to track pandemic relief spending? Data problems make that difficult, committee says
Tracking pandemic funds required the use of multiple federal, state and local data systems, a group appointed by Congress found. Ultimately, it had to contact state and local entities directly to gain a better understanding and fill data gaps.
Wisconsin’s ‘Star Trek’ veto and other budget stragglers
With the new fiscal year underway, some states are just now wrapping up their budgets—and it hasn’t been without drama. Plus, more news to use from around the country in this week's State and Local Roundup
Boosting affordable housing by reclaiming investor-owned properties
As the affordable housing supply gets squeezed, some worry that private equity firms will scoop up more properties.
State coffers to take a hit with the end of extra federal Medicaid funding
During the pandemic, states received more than $117 billion in additional federal Medicaid funding in return for pausing disenrollments. That extra money is set to end this year.
A different kind of green bank—one that targets affordable housing
Massachusetts launched the nation’s first green bank dedicated to affordable housing.
Five years after the Wayfair ruling, states' reliance on the sales tax grows
But while the sales tax has brought in billions of dollars for state and local governments, businesses find the patchwork of rules burdensome.
The Debt Deal Casts Doubt on Whether Congress Will Fully Fund the CHIPS Act
The Commerce Department has made available $500 million in its $11 billion effort to create regional technology and innovation hubs in small rural communities across the country.
Minnesota Takes On Corporate Profit Shifting
The state targeted a loophole that companies use to create income tax havens abroad. As overall tax revenue continues to slump, will other states do the same?
Republican Governors Urge Biden to Rescind New Mortgage Rule
The 18 governors argue that changes to mortgage fees for federally backed loans meant to improve housing affordability actually hurts the housing system.
The Pros and Cons of the Debt Deal for States and Localities
The deal doesn’t claw back billions of dollars promised under the infrastructure and climate laws, but it does keep federal spending flat and adds work requirements for food stamp recipients.
Local Governments Escape Ruling that Could Have Upended Property Tax Laws
The Supreme Court ruled that cities and counties cannot keep surplus funds from the homes they sell after residents fail to pay property taxes. But local officials nationwide are breathing a sigh of relief that the court didn’t go further.
Cities Nervously Watch Washington’s Debt Limit Talks
A default could mean putting off fixing broken streets and city budgets would take a hit.
Debt Limit Talks Dim Prospects for Addressing Nation’s Housing Crisis
The president has proposed freezing spending, which could impact additional funding for housing, public health and transit projects.
GOP’s Desired Work Requirements Would Kick Millions Off Anti-Poverty Programs
About 10 million Medicaid expansion enrollees are at risk of losing benefits under McCarthy’s bill, while 900,000 Americans aged 50 to 55 are at risk of losing SNAP assistance.
Cities Face Mounting Financial Pressures
On top of the familiar problems—pensions, inflation, pandemic aid ending—officials are also trying to prepare for two potentially devastating scenarios: a recession or the U.S. defaulting on its loans.
Two Different Funding Approaches to Education Reform
One solution holds that the public school system itself is the problem to be fixed while the other says that targeting money to disadvantaged communities is the answer. Both approaches are expensive and it’s not clear that either work.
Rural Electric Co-Ops to Get $10.7B in Clean Energy Grants, Loans
The Agriculture Department says the money marks the largest single funding effort for rural electrification in the U.S. since the 1930s.
Amid Economic Uncertainty, State Tax Revenues Decline
If there’s good news in April's numbers, though, it might be that most states were already planning for softer revenue growth in fiscal 2024 and many have robust rainy day funds to weather a potential downturn. Plus, more news to use from around the country in this week's State and Local Roundup.
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