State and Local Pension Plans Shift Toward ‘Alternative’ Investments

New research from the Center for Retirement Research at Boston College sheds some light on how that looks and what it means.

State and Local Leaders in Idaho Are Eager to Attract Foreign Investment

“It’s increasingly more important,” state Sen. Kelly Anthon told Route Fifty.

The Trump Administration Is Reworking a Multi-Billion Dollar U.S. DOT Grant Program

Fastlane grants are dead. They’ll be known as Infra grants going forward. But the changes extend beyond the program’s name.

U.S. House Bill Would Cut (But Not Eliminate) the Appalachian Regional Commission

A draft bill an Appropriations subcommittee marked up this week does not incorporate President Trump’s plan to shutter the economic development agency.

‘I Would Hope They Throw It Out and Start Over’

The Democratic governors of Louisiana and Montana express their distaste for the Senate bill to overhaul Obamacare.

Draft Appropriations Bill Bucks Trump’s Request to Ax Rural Water, Sewer Program

“Congress is declaring they are retaining the USDA rural water funding initiative,” according to a policy analyst with the National Rural Water Association.

A New U.S. House Task Force on Intergovernmental Affairs Begins Its Work

“It should have happened 50 years ago,” U.S. Rep. Rob Bishop, the Utah Republican who is leading the bipartisan panel, said of the effort the task force is undertaking.

Mayors to Consider Adopting Resolution Against Trump’s Proposed CDBG Cuts

The city executives will do so at the annual meeting of the U.S. Conference of Mayors in Miami Beach later this week.

GOP Senator to White House: Hands Off Oil and Gas Payments to Gulf Coast States

Interior Secretary Ryan Zinke told Louisiana U.S. Sen. Bill Cassidy that he’d work with him to address concerns about a plan in President Trump’s budget to redirect the funds.

Governors, CEOs and Trump Are All Showing an Interest in Workforce Development

“I don’t care what country you represent, or what industry you represent, workforce is a challenge,” said Kentucky Gov. Matt Bevin.

How Do State Rainy Day Fund Balances Look These Days?

Not bad compared to the run-up to the Great Recession. But at least five states appear to have depleted their reserve accounts in the current fiscal year.

Appropriators Aren’t Rushing to Embrace Trump’s Cuts to New Starts and TIGER

Transportation Secretary Elaine Chao says her department “will respond to the will of Congress.”

Perdue: Trump Is Serious About Rural Development, ‘Watch and See’

As a special task force kicks off its work, the U.S. Agriculture secretary says that the president “is very expectant of action.”

As Threat of Federal Cuts Looms, Lackluster Revenues Leave States in a Tough Spot

Findings from a new National Association of State Budget Officers fiscal survey underscore how thin the margins are in some states.

Interior Secretary Recommends That Bears Ears National Monument Should Be Shrunk

Secretary Ryan Zinke submitted an initial report to the White House about the national monument in Utah, which some GOP officials have characterized as an Obama-era land grab.

Are Trump’s Efforts to Streamline Infrastructure Permitting Actually Redundant?

The president has promised to move ahead with “massive permit reform.” But some of his actions may be having the “exact opposite result of what seems to have been intended.”

Congressional Appropriators Show Little Enthusiasm for Trump’s CDBG Cuts

As HUD Secretary Ben Carson defends the president’s budget ax on Capitol Hill, there’s strong bipartisan support for the Community Development Block Grant program.

Comey Testimony Overshadows Trump’s Infrastructure Remarks in Ohio

Congressional Democrats, meanwhile, continue to criticize the president’s proposals.

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