Category municipal bonds

Yesterday’s Executive Order (EO) to extend supplemental unemployment benefits would require states to come up with $100/week from already allocated Coronavirus Relief Funds to match the Federal Government’s $300/week supplement (which will come from FEMA Disaster Relief Fund, or DRF):… Continue Reading →

Why are so many prominent economists making this same plea? On July 15, Dr. Ben Bernanke wrote an Op-ed titled:  “I was Chairman of the Federal Reserve.  Save the States.”  The subtitle: “Congress must act decisively to avoid repeating mistakes… Continue Reading →

Debate in the Senate about extending the extra $600 unemployment insurance (UI) benefit beyond this week’s expiration left 32 million people hanging while senators took off for the weekend and millions of unemployed contemplating how they might make their August… Continue Reading →

The Hutchins Center on Fiscal and Monetary Policy at Brookings and three other institutions (Brandeis, Washington University and the Harris School at University of Chicago) are hosting the 9th annual Municipal Finance Conference online on July 13th and 14th. You… Continue Reading →

Local education employment fell by nearly 300,000 between May and June this year on an unadjusted basis according to the Bureau of Labor Statistics Current Employment Statistics (CES). When viewed through the “seasonally adjusted” lens — the most commonly quoted… Continue Reading →

June 21st was the two-year anniversary of the U.S. Supreme Court’s ruling that allowed states to collect sales taxes on internet purchases in South Dakota v. Wayfair et al.  The gist of the decision had to do with the lack… Continue Reading →