Politics

In a surprising twist, Louisiana’s Senate committee recently shelved proposed tax cuts that could have drastically altered the state’s financial landscape. The decision came after a fiscal analysis suggested the cuts would cost the state a staggering $500 million annually. Amid a legislative climate that typically favors tax reductions, this choice demonstrates a vital acknowledgment

In a dramatic shift, Texas removed BlackRock Inc. from its blacklist of companies accused of “boycotting” fossil fuels. This marked the conclusion of a contentious three-year standoff concerning environmental policies that, while intended to protect our planet, can jeopardize our economic well-being. It’s a striking move that speaks volumes about the evolving relationship between one

The ongoing controversy surrounding the state and local tax (SALT) deduction has become a significant flashpoint in American tax reform discussions. At the heart of this heated debate lies the proposal from the House to raise the SALT deduction cap, a move seen as a lifeline for representatives from high-tax states like New York, New

The recent collapse of the potential acquisition between the University of Idaho (UI) and the University of Phoenix underscores a crucial lesson: expectations in negotiations can often exceed reality. For two years, stakeholders engaged in discussions, driven by the belief that merging these institutions could lead to a monumental shift in educational access. However, as

America stands on the precipice of an infrastructural crisis that, if left unaddressed, could set the nation back decades. As the country grapples with a staggering $3.7 trillion infrastructure funding gap, it’s imperative to acknowledge the gravity of the situation. How did we allow our roads, bridges, and transit systems to deteriorate to this extent?

The financial landscape of the West Coast is undergoing severe turbulence, with California, Oregon, and Washington grappling with plummeting revenue forecasts that could lead to extensive cuts in vital public services. As budget deliberations ramp up for the fiscal year 2026, the collective situation has led to unsettling realizations about the impact of federal policies

Harvard University’s municipal bonds, typically synonymous with stability and affluence, are experiencing disturbing declines, a trend fueled by its contentious clashes with the Trump administration. Once considered the crème de la crème of the bond market, these tax-exempt instruments are now viewed with skepticism, raising alarming questions about the future of this prestigious institution. With

In an era where accountability and prudent financial planning should be at the forefront of governance, the recent budget maneuverings in Washington, D.C., raise alarming questions about priorities and the long-term health of the district’s finances. D.C. Mayor Muriel Bowser recently presented a proposed budget for fiscal year 2026 that, while technically balanced, relies on

The ongoing skirmish between California and the Trump administration over the state’s vehicle emission rules highlights a deep rift in American political ideology. While California officials staunchly defend their right to impose stricter regulations on vehicle emissions, one must question the wisdom of such an entrenched stance given the backdrop of national policy. The recent

The Federal Reserve has painted itself into a corner, and the committee’s inaction is now reverberating throughout the economy. Federal Reserve Governor Christopher Waller recently confirmed that the central bank will not intervene in the Treasury market, even as we see alarming surges in long-term bond yields. This sentiment reflects a troubling mindset: a resolute