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States across the U.S. built big budget surpluses as inflation helped drive up their revenues from income and sales taxes. Now the Federal Reserve's efforts to fight inflation are helping
Inflation is a chief risk to public officials eager to launch new projects, but it's a boon for infrastructure investors, who view the asset class as a natural hedge.
State governments have decided to work towards building historic cash surpluses due to skyrocketing inflation and wages that's driving up the sales and tax collections.
Mississippi could become the nation’s 10th state to eliminate its personal income tax, with Republican Gov. Tate Reeves ...
Debt outstanding at state and local public entities totals more than $329 billion, an increase of $61.5 billion since 2017, according to a report by state comptroller Thomas DiNapoli.