How the Police Bank Millions Through Their Union Contracts
The public funds six-figure “sick day” payouts, $2,500 “perfect attendance” bonuses and lucrative “extra duty” assignments identified in a ProPublica, Asbury Park Press analysis of New Jersey police union contracts.
States to Recoup More Covid Costs From Feds Under Biden Reimbursement Plan
President Biden ordered FEMA to issue retroactive reimbursements to states for National Guard deployments and other costs brought on by the pandemic.
47 States Reach $573 Million Opioid Settlement with McKinsey
States will receive the majority of the money they are owed from the consulting firm within 60 days.
Biden’s Pause on Oil Leases Could Squeeze State Budgets
But experts caution that it’s hard to know at this point what the financial toll could ultimately look like.
Treasury Nominee Voices Support for State and Local Relief Funding
Janet Yellen also said during a confirmation hearing that a cap on the federal deduction for state and local tax payments should be studied more before any changes are made to the policy.
Biden Calls for $350 Billion in State and Local Aid as Part of Massive Stimulus
The president-elect released details on Thursday for a $1.9 trillion coronavirus relief package.
Cutting-edge Financial Technology is a Must for Local Governments Recovering from the Pandemic
COMMENTARY | States and municipalities who have had to adopt remote services amid the coronavirus pandemic should scale up their digital infrastructure to maintain their ability to collect and reconcile payments. Doing so will help them to prevent disruptions to revenue flows and services.
Schumer Says $2,000 Checks Will Be Top Priority for Democratic-Controlled Senate
Payments of this size have lacked support among Republicans.
States Expect Delay of Federal Unemployment Payments
The late passage of the coronavirus relief package and new requirements for verifying benefits are complicating the rollout of payments by state unemployment agencies.
Some Pandemic Protections for Consumers Could Become Permanent
Previous economic disasters, such as the Great Recession, led to new laws.
Heading Into 2021, State and Local Budget Gloom Lingers
Revenues are better than initially expected in some states. But they’re still down in many places as the cost of the pandemic response adds up.
Trump Signs $900 Billion Covid Relief Package
The law funds special unemployment programs and $600 stimulus payments, as well as providing aid to people who need help with rent, struggling transit, schools and businesses.
End Nears for Fed’s Municipal Lending Program
The initiative only attracted two borrowers, but experts say it helped to stabilize the municipal bond market following Covid-driven turmoil earlier this year.
Trump Blasts Covid Relief Package, Demands Revisions Risking a Shutdown
The president asked Congress to dramatically increase the size of stimulus checks.
State, Local Governments Could Get an Extra Year to Spend Covid Funds
President Trump on Tuesday disparaged the coronavirus relief package approved by Congress this week. The deal does not appropriate more direct funding for local governments and states, but if it does go forward, it would extend the deadline for them to spend previous funds.
Small Banks Helped Businesses Win More PPP Loans
Generally, large banks were slow to start processing PPP loans, opening the way for smaller and regional banks that acted faster in some states.
Stop Worrying About Budget Deficits
COMMENTARY | Red ink isn’t a problem as long as the country is spending on the right things.
Seeking To Boost Savings and Safety, One State Eliminates Paper Tax Forms
Missouri will stop printing paper taxes forms and encourage residents to file electronically, which a spokeswoman said most taxpayers already do.
McConnell: State and Local Aid Should Be Left Out of Near-Term Virus Relief Deal
The Senate majority leader recommended passing a package with programs that Democrats and Republicans can agree on, while the Trump administration offered its own proposal.
‘We Simply Cannot Afford to Wait’: Several States Consider Stimulus Bills
In the absence of a second federal coronavirus relief package, some state leaders are pushing plans to provide stimulus money to individuals and businesses.
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