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William Glasgall of the Volcker Alliance dives deep into factors affecting state and local budgets. He looks at what the Inflation Reduction Act means, how states are using stimulus money and economic effects of work from home. Caitlin Devitt hosts. (31 minutes)
RICHMOND, Va. (AP) — The American Civil Liberties Union of Virginia has filed a legal challenge to a last-minute amendment to the state budget that blocked the planned early release of hundreds of inmates this summer.
CHARLESTON — The sprawling economic package passed by the U.S. Senate this week has a certain West Virginia flavor.
ATLANTA (AP) — Even after two years of big surpluses, Georgia Gov. Brian Kemp is telling state agencies not to get their hopes up for more money. Office of Planning and Budget Director Kelly Farr on Wednesday wrote in a yearly memo that kicks off the state budget process that agencies should not ask for any more money than they got in the current budget, which started July 1.
S&P revised the state's outlook to positive in September, which gives it a one-in-three chance of a ratings boost over the two-year outlook period.