The debate surrounding municipal bonds has become increasingly contentious, particularly with the release of Michael Lissack’s provocative book, “The Inefficiency Of Municipal Tax Exemption.” Lissack, a Wall Street whistleblower, boldly contends that the municipal bond market is fundamentally irreparable and proposes drastic measures that simply ought not to be ignored. While traditional advocates cling to
Politics
Political disputes are often fueled by power struggles, but the escalating conflict between Oklahoma’s attorney general and state treasurer stands out as an alarming example of how governance can foster discord. The feud, revolving around a contentious anti-environmental law, highlights more than just a disagreement over policy; it exposes deep-seated issues regarding constitutional authority and
This year has marked a significant turning point in how states approach transportation funding, with approximately two-thirds of them proposing innovative and often controversial new measures. Among the most notable developments is Indiana’s legislative decision to introduce tolling on all interstate highways. This bold move, endorsed by the Indiana General Assembly, represents a stark reaction
The recent shakeup surrounding the makeover of New York’s Pennsylvania Station presents a gripping crossroads for American infrastructure policies. With a staggering budget of $7 billion at stake, the Trump administration’s decision to strip the Metropolitan Transportation Authority (MTA) of its leadership role in the endeavor, transferring the reins to Amtrak instead, has stirred up
The current geopolitical climate, particularly the tumultuous trade relationship with China, has led to the establishment of exorbitant tariffs that will not be lifted anytime soon. The so-called 90-day pause is nothing but a smokescreen, hiding what could soon become an unyielding battle with significant economic implications. The imposition of tariffs hitting 145% on several
In recent developments within Ohio’s legislative landscape, a budget deal has passed that may reshape the state’s educational framework in troubling ways. The Ohio House’s newly instituted cap on school districts’ carryover balances — set at 30% of their annual operating costs — raises concerns about the viability of public school funding. Critics fear that
Recent developments in Houston’s financial landscape reveal a pressing necessity for transformational change. Mayor John Whitmire’s announcement about securing a deal that mandates the city to allocate at least $100 million annually from property tax revenue for drainage and road improvements is not just a commendable step—it’s an alarming signal of deeper issues that require
In the world of politics, few issues resonate as deeply as the aftermath of natural disasters. The devastation suffered by Washington and North Carolina this past fall serves as a poignant reminder of the fragility of our systems in the face of nature’s wrath. The fallout from a bomb cyclone and Hurricane Helene has left
California Governor Gavin Newsom’s recent decision to sign Assembly Bill 100, which allocates $2.8 billion to address unforeseen Medi-Cal costs, raises more questions than it answers. While the intention behind the funds may be framed as a necessary response to healthcare challenges faced by the underprivileged, the approach taken is alarmingly reckless. With California’s budget
The unfolding battle over educational funding paints a grim picture of the priorities governing our schools. The recent lawsuit led by California and New York, along with 14 other states and the District of Columbia, highlights a shocking reality: the Trump administration has put political ideology above the future of American children. This lawsuit specifically