Politics

In a striking revelation, Houston Mayor John Whitmire has announced a significant financial agreement that appears to pave the way for solving some of the city’s lingering infrastructure woes. The need for this pact stemmed from a lawsuit filed in 2019 that threatened to ensnare the city in a spiraling fiscal crisis, mandating a minimum

The recent denials of disaster recovery funding by the Federal Emergency Management Agency (FEMA) for troubled states like Washington and North Carolina expose a growing chasm in our government’s response to natural disasters. When severe storms and hurricanes are wreaking havoc, citizens expect—but often do not receive—the support they desperately need. It’s a systemic failure

In a bold—and arguably reckless—move, California Governor Gavin Newsom recently enacted Assembly Bill 100, authorizing an astounding $2.8 billion injection into Medi-Cal, the state’s version of Medicaid. This funding allocation is presented as a necessary response to “higher-than-anticipated” costs associated with expanding health care services. However, the decision demonstrates a troubling trend of prioritizing ideological

The battle for equitable education funding has become a focal point in the ongoing political turbulence in America. Recent legal action led by states like California and New York against the Trump administration underscores this urgency. The need for federal aid has never been more pressing, particularly in the wake of the COVID-19 pandemic’s devastating

In a striking display of partisan tension, President Trump’s much-discussed “big beautiful bill” squeezed through the House of Representatives by a mere two-vote margin. This 216-214 vote may be hailed as a victory for Republican leadership, but it bears within it the seeds of doubt that could unravel its ambitious goals. The critical support garnered

The economic landscape is shifting dramatically, revealing the vulnerabilities that lurk beneath the surface of state and local pension funds. Recent analysis indicates that these pension portfolios have collectively lost around $250 billion in value, a staggering figure that underscores the financial fragility of public sector retirement systems in 2025. This crisis was exacerbated by

The unfolding drama surrounding the District of Columbia’s financial future paints a stark picture of uncertainty and impending crisis. The recent failure of the House to incorporate provisions allowing access to the city’s 2025 budget has prompted serious alarm among the city’s leadership. Mayor Muriel Bowser’s urgent appeals underscore the gravity of the situation, stating

In the intricate tapestry of public finance, tax-exempt municipal bonds have long served as a lifeline for both state and local governments. These financial instruments enable municipalities to fund critical infrastructure projects without imposing excessive fiscal burdens on taxpayers. However, the debate over whether to cut, cap, or eliminate these exemptions has gained disturbing momentum

The upcoming budget resolution in the U.S. House of Representatives is shaping up to be more than just a procedural formality. It stands at the intersection of fiscal responsibility and political maneuvering, as lawmakers grapple with ideological differences and strategic calculations. With the Senate having passed its version of the budget framework, the House is

As we venture deeper into the post-pandemic economic recovery, the influence of government policies on both the macro and microeconomic scales becomes ever more apparent. The U.S. economy, once thought to be on a healthy trajectory, now faces significant uncertainty largely due to the current administration’s aggressive stance on tariffs and immigration. The Federal Reserve,