During its “vote-a-rama”, the Senate approved an amendment (by 86-13; amendment 3114) to remove the prohibition against states using federal funds to make up for tax cuts. As we wrote in May, it is common federal practice to prevent state/local… Continue Reading →

Last Friday’s labor report showed strong job growth, further indication that we’re beginning to recover from the pandemic. These widely reported figures are seasonally adjusted. However, the Bureau of Labor Statistics typically makes a large seasonal adjustment to local education… Continue Reading →

Twenty-one attorneys general have weighed in against the American Rescue Plan’s (ARP) stricture not to use the $350 billion federal money to state and local governments to pay for tax cuts.  (Read more here, here and here.).  Texas, Louisiana and… Continue Reading →

The frenzy in financial markets over a potential April jobs report of nearly one million new jobs will occupy the news cycle this week.  Astute market watchers point out that wages will be important to watch as well. That is, it’s… Continue Reading →

Colorado State University’s Tropical Weather and Climate Research issued its first report about the 2021 hurricane season yesterday, April 8, 2021.  This is the first “Extended Range Forecast of Atlantic Seasonal Hurricane Activity and Landfall Strike Probability for 2021”.  The… Continue Reading →