In a move that can be seen as both ambitious and laden with risk, Governor Mike Dunleavy has inked House Bill 65, paving the way for the Alaska Railroad Corporation to issue up to $135 million in revenue bonds. This financial maneuver aims to construct a cruise ship dock and terminal in Seward, a venture
Politics
In a commendable move that demonstrates fiscal prudence, the Louisiana Citizens Property Insurance Corporation (LCPIC) has elected to end an assessment supporting its bond obligations earlier than initially planned. This decision, arriving in response to financial stability gained well ahead of expectations, signifies not only an economic victory for the corporation but also an invaluable
As New Jersey Governor Phil Murphy stands at the cusp of his departure from office, his final budget proposal offers a critical glimpse into both his legacy and the fiscal ambitions he leaves behind. The announced budget, a staggering $58.1 billion, is more than just a number—it’s a testament to his administration’s priorities, a call
California, often portrayed as a beacon of innovation and progressive social policies, is tarnished by a regulatory environment that has become a choking hazard for infrastructural and housing development. The dire revelations from the Assembly Select Committee on Permitting Reform should serve as a wake-up call for legislators and residents alike. California’s absurdly convoluted permitting
As the political landscape continues to shift and shake, an alarming lawsuit is threatening the very core of the Federal Reserve Board’s independence. This case, Wilcox v. Trump, challenges a long-held constitutional precedent regarding the president’s authority over independent agency appointees. It begs the question: what happens to our monetary policy when political whims intrude
In a nation grappling with the aftershocks of inflation and economic uncertainty, President Trump’s recent address to Congress shines a light on a dire need for immediate tax reforms. As he emphatically called for making income tax cuts permanent, it was evident that his priority is not merely to alleviate financial burdens, but to generate
The recent communication from Glen Lee, the Chief Financial Officer of Washington D.C., paints a grim picture of the city’s financial future. A downward revision of $21.6 million in the local revenue forecast for fiscal year 2025 indicates that the city is grappling with a more profound economic issue than anticipated. The current fiscal health
California, a state grappling with the escalating intensity of wildfires, has initiated a bold response characterized by the suspension of key environmental regulations. Governor Gavin Newsom recently declared a state of emergency to expedite rebuilding efforts following devastating wildfires in the Los Angeles area. By placing a pause on the California Environmental Quality Act (CEQA)
In what appears to be a significant breakthrough for high-speed rail in the state of Texas, Amtrak has officially issued a Request for Qualifications (RFQ) to find a partnership aimed at reviving a long-stagnant rail line between Dallas and Houston. While the announcement may signal renewed enthusiasm for the ambitious project, numerous challenges will likely
On Wednesday, the Dallas City Council took a significant step towards bolstering its police force by approving a resolution to hire 300 new officers within the current fiscal year. This decision was driven not only by the pressing need for enhanced public safety but also by a recently passed voter mandate known as Proposition U.