Stadiums as Public Investments
September 4, 2023
Local governments have spent hundreds of millions of dollars in public subsidies for professional sports facilities over the past 70 years. What explains this?
Fiscal Policy
September 4, 2023
Local governments have spent hundreds of millions of dollars in public subsidies for professional sports facilities over the past 70 years. What explains this?
March 29, 2022
The fiscal condition of state and local governments proved far less dire than forecast at the pandemic’s outset. How did predictions end up being so off target?
December 17, 2020
Medicaid can play a key role providing health coverage and economic stimulus during the pandemic. But states need to be able to fund their share of the program.
August 31, 2020
The census determines how over $500 billion in federal funds are distributed to state and local governments each year.
June 25, 2020
State tax revenues are falling while spending needs due to the coronavirus are spiking. Balanced budget amendments may lead states to raise taxes or cut spending.
April 8, 2020
Interest rates on municipal bonds have risen dramatically, which has implications for investors, cities and states, and for state and local pension benefits.
December 19, 2018
The extent of public pension underfunding varies across the U.S. Some proposed solutions, such as the use of pension obligation bonds, have considerable downsides.
November 9, 2017
Republican tax reform efforts rely on eliminating the deductions for state and local taxes. This would make it more difficult to raise funds for public schools
August 2, 2017
Public-sector pension plans appear to be underfunded by over $1 trillion. This shortfall will place strains on many state and local governments.