Midterm congressional elections will be lively this year. Conditions are ripe for tax and spending initiatives and numerous recall elections are also on the popular agenda. Budget deficits, rising taxation and runaway spending are factors leading to tax and spending limitations. … Continue Reading →
The slowdown in migration in the U.S. has significant consequences for municipal finance. New population growth in a community has been the driving force in municipal infrastructure finance since the beginning – and the slowdown we have seen over the… Continue Reading →
State legislatures, required to balance their budgets, are up against the wall. Budget gaps have worsened mid-year. When you total the gaps going into the budget for FY2010 with mid-year fissures you come up with more than $190 billion according… Continue Reading →
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