The Three States That Are Especially Stuck if Congress Cuts Medicaid States that were once reluctant to expand Medicaid now have their state budgets tied to the fate of the program by constitutional amendments.

www.nytimes.com/2025/04/06/u...

Excellent paper by Justin Marlowe @HarrisPolicy
& Marty Luby @TheLBJSchool on history of muni tax exemption & analyzing bids to limit or or bar it, which would mark 'a fundamental shift in...longstanding principles of state-local fiscal federalism.' utexas.app.box.com/s/iib8m0uq1n...

Budget experts warn lawmakers of upcoming fiscal uncertainty • New Jersey Monitor New Jersey Treasurer Liz Muoio told lawmakers Tuesday that federal funding changes could have "a drastic" impact on the state budget.

Budget experts warn lawmakers of upcoming fiscal uncertainty newjerseymonitor.com/2025/04/01/b...

U.S. agency has stopped supporting states on election security, official confirms • Pennsylvania Capital-Star Federal agency has stopped supporting states on election security, official confirms.

U.S. agency has stopped supporting states on election security, official confirms penncapital-star.com/government-p...

Zoning bills flood states to boost housing - Pluribus News Lawmakers in almost every state have proposed overriding local zoning rules to encourage denser development, saying more home building will lower sky-high home prices and rents.

pluribusnews.com/news-and-eve...

www.multistate.us/insider/2025...

U.S. Economy Shows Signs of Strain From Trump’s Tariffs and Spending Cuts Consumer and business sentiment is wobbling as fiscal support fades and fears rise that tariffs will lead to higher prices.

www.nytimes.com/2025/02/27/b...

Behind the Curtain: Hard truths about Trump and Musk's budget cuts This is our attempt to clinically outline the facts about deficits — and efforts to reduce them.

www.axios.com/2025/02/25/d...

Not an encouraging US inflation outlook from our #SpecialBriefing friend Torsten Slok @apolloglobal, to say the least. www.apolloacademy.com/wp-content/u... @penniur @volckeralliance #publicfinance

HAPPENING 2/20 #SpecialBriefing: Trump's 1st month. Super panel: @Markzandi @apolloglobal #TorstenSlok @FitchRatings #EricKim @pgpfoundation #JeffHolland @wellsfargo #VikramRai ex-US Rep #CarolynBourdeaux. Via @PennIUR @VolckerAlliance.
Register now: penniur.upenn.edu/events/speci...

States absorb big increases in Medicaid for sicker-than-expected enrollees after COVID-19 pandemic

Get the latest! Feb. 20 #SpecialBriefing on Trump's 1st month w/ amazing panel: @Markzandi @apolloglobal #TorstenSlok @FitchRatings #EricKim @pgpfoundation #JeffHolland
@wellsfargo #VikramRai. From @PennIUR @VolckerAlliance 11AM ET. Free! Register now:
penniur.upenn.edu/events/speci...

Red states create their own DOGE efforts to cut state government • Stateline Red states are echoing President Donald Trump’s quest to slash the size and cost of the federal government with their own initiatives aimed at making government smaller and more efficient.

States setting up #DOGE-like efforts to reduce waste, but what they *really* need to do is get $trillions of poorly designed, evaluated, and sunsetted tax expenditures under control! @VolckerAlliance weighed in on this recently. stateline.org/2025/02/04/r... @StatelineUs #publicfinance

"We've entered an era of chaos and confusion" 4 takeaways for state and local governments after Trump's first two weeks in office.

open.substack.com/pub/lizfarme...

Emergency Episode: Making Sense of the Federal Funding Freeze Podcast Episode · Public Money Pod · 01/31/2025 · 47m

Don't miss this emergency episode of @PublicMoneyPod as @VolckerAlliance Sr Dir @winnritz @Carolyn4GA7 @LMWashburn1 make sense for states munis of the flood of news from the White House. podcasts.apple.com/us/podcast/e... @LizFarmerTweets @HarrisPolicy @publicfinance #muniland

Expert Voices 2025 | Access to Sustainable and Affordable Each year, Penn IUR engages a distinguished group of

New from @PennIUR - Expert Voices 2025: Access to Sustainable & Affordable Housing penniur.upenn.edu/publications...

Resilient State and Local Finance | The Volcker Alliance As more than $5 trillion in federal pandemic emergency aid to the US economy comes to an end, states and localities are confronting immense challen

Amid confusion over Trump-ordered hold on $1T in federal funds to states/localities, you gotta read this new @VolckerAlliance expert report on this critical fiscal relationship and how to make it more productive. www.volckeralliance.org/resources/re...

What Doom Loop? Healthy Office Rentals and Tax Assessments Show Manhattan’s Strength. High-end commercial towers drive a post-pandemic recovery for the nation’s leading business district.

What Doom Loop? Healthy Office Rentals and Tax Assessments Show Manhattan’s Strength. www.thecity.nyc/2025/01/22/d...

The $823 billion tax bomb threatening America's communities Unfortunately, a vocal minority believes eliminating the longstanding tax exemption on local, state, and municipal bonds is one way to pay for extending tax cuts.

www.bondbuyer.com/opinion/the-...

The Hidden Balance Sheet: How Infrastructure Deficits Are Imperiling City Budgets, and What Can Be Done About It - PA TIMES Online The views expressed are those of the author and do not necessarily reflect the views of ASPA as an organization. By Andrew KleineDecember 2, 2024 Have you ever wondered what happens when a bunch of pu...

How Infrastructure Deficits Are Imperiling Cities
patimes.org/the-hidden-b...

Trends in Work from Home in the U.S.: Insights from Six Datasets An analysis of survey data finds that WFH remains elevated from prepandemic levels, suggesting remote work is an enduring feature of the U.S. workforce.

New @stlouisfed paper finds #WFH 'has become an enduring feature of the U.S. workforce.' www.stlouisfed.org/on-the-econo...

Research Quarterly: Fixed Income - Outstanding Fixed income outstanding totaled $46.3T this quarter, an increase of 2.2% Q/Q and 6.3% Y/Y. All five asset classes analyzed recorded quarterly growth. The leading asset class in size and quarterly gro...

Value of US #corporate #bond market up ~2X since '09, #Treasury market +4X (deficit spending) but #muni market stuck at $4T despite infrastructure decaying. Will rising climate-driven needs spur more muni borrowing? www.sifma.org/resources/re... @SIFMA @PewStates #publicfinance #muniland

Pennsylvanians on Pennie will see rise in health insurance premiums if federal subsidies expire penncapital-star.com/health-care/...

Sobering paper from @fitchratings on states most at risk from proposed steep import tariffs & retaliation by trade partners www.fitchratings.com/research/us-...

Special Briefing: The Road Ahead for the Economy, States, and Localities as Donald Trump and the GOP Take Charge | The Volcker Alliance

ICYMI This week's #SpecialBriefing from @VolckerAlliance @PennIUR w/ great panel discussing what lies ahead for US economy, states, munis in last days of Biden adm and ahead w/ Trump & GOP Congress. Tune in now! volckeralliance.org/events/speci...

Special Briefing: The Road Ahead for the Economy, States, and Localities as Donald Trump and the GOP Take Charge | The Volcker Alliance Major policy shifts in immigration, taxes, trade, energy, health care, and pandemic-era programs passed under the Biden Administration look increasingly likely with Donald Trump capturing the White Ho...

THURSDAY: #SpecialBriefing: Road Ahead for Econ, States, Munis w/Trump & GOP. Super panel: @apolloglobal Torsten Slok @WSJ @AnnieLinskey @Bloomberg @erickazatsky @NACO @Terynzamuda ex-US Rep Carolyn Bourdeaux. From @VolckerAlliance @PennIUR. REGISTER: www.volckeralliance.org/events/speci...

States Act to Use Federal Pandemic Dollars Ahead of Deadline State policymakers are developing and employing a range of strategies to take full advantage of flexible federal pandemic funding ahead of upcoming deadlines. Lawmakers in Vermont and Mississippi, for...

www.pewtrusts.org/en/research-...

Resilient State and Local Finance | The Volcker Alliance As more than $5 trillion in federal pandemic emergency aid to the US economy comes to an end, states and localities are confronting immense challen

At a time when entire US budget is in the spotlight, this new #VolckerAlliance report shows how $1T in annual federal grants may be used more effectively. Based on 2nd #Ravitch Public Finance Initiative Symposium this fall. www.volckeralliance.org/resources/re...

With $10B deficit looming, WA governor calls on state agencies to make cuts • Washington State Standard Washington Gov. Jay Inslee is warning of a budget deficit in excess of $10 billion and calling on state agencies to pare spending now to deal with it. A Nov. 8 memo from Inslee’s budget director cited...

Likely to see more of these now that federal direct budget #COVID aid is pretty much spent... With $10B deficit looming, WA governor calls on state agencies to make cuts washingtonstatestandard.com/2024/11/14/w... via @WAStateStandard

Special Briefing: The Road Ahead for the Economy, States, and Localities as Donald Trump and the GOP Take Charge | The Volcker Alliance Major policy shifts in immigration, taxes, trade, energy, health care, and pandemic-era programs passed under the Biden Administration look increasingly likely with Donald Trump capturing the White Ho...

REGISTER NOW: 12/5 @VolckerAlliance @PennIUR #SpecialBriefing: election impact on #economy, #states, #munis. W/ @apolloglobal Torsten Slok @WSJ @AnnieLinskey @Bloomberg @erickazatsky @NACO @Terynzamuda ex-US Rep #Carolyn Bourdeaux.
www.volckeralliance.org/events/speci...