In a move that transcends mere budgeting, Utah’s recent legislative session culminated in the passage of an ambitious, $30.8 billion budget for the fiscal year 2026. This figure reflects not only a substantial financial commitment but also an undeniable boldness in tackling pressing infrastructure issues and future growth needs. It’s noteworthy that amidst an environment
Politics
The recent assessment from Moody’s Ratings regarding the Chicago Transit Authority (CTA) sounds the alarm on what can only be described as a grim predicament for one of America’s major urban transit systems. By downgrading the CTA’s outlook from stable to negative while affirming its A1 rating on $1.9 billion in outstanding bonds, Moody’s paints
In a significant shift, the U.S. Department of Transportation (DOT) has announced plans that prioritize straightforward federal funding for infrastructure projects, moving away from the previous administration’s stringently environmental approach. This redirection comes under the leadership of U.S. Transportation Secretary Sean P. Duffy, who has asserted that infrastructure should focus on tangible needs, such as
In a bold move, North Carolina Governor Josh Stein has put forth an ambitious proposal for the state to issue $4 billion in bonds dedicated to school construction. This call to action arises from the alarming reality that many of our educational institutions are falling apart — overcrowded classrooms, dilapidated facilities, and a myriad of
In an era where political theatrics dominate headlines, our federal representatives have lost sight of their most crucial responsibilities. Instead of addressing issues that directly impact the lives of American families, many politicians seem more engaged in crafting impressive sound bites about global contests or espousing grand ideologies. This focus on showboating has left a
In the ever-evolving landscape of urban transportation, few issues spark as much contention as public funding for mass transit. A recent attempt by Republican State Representative Ellen Troxclair to block bond financing for Austin’s ambitious light-rail project epitomizes this struggle. Just as Austin was poised to leap forward with its $7.1 billion light-rail initiative, backed
As House Republicans prepare to vote on a critical stopgap funding bill, an enormous weight hangs over the political landscape. This legislation, stretching nearly 100 pages, is designed to avert a government shutdown before a looming Friday deadline, effectively continuing fiscal operations through the end of the current fiscal year. While the intended purpose of
In a decisive move to catalyze economic growth, Governor Mike Dunleavy of Alaska has signed House Bill 65, which paves the way for the Alaska Railroad Corp. to issue $135 million in revenue bonds aimed at upgrading Seward’s cruise ship dock and terminal. The unanimous approval by both the Senate and House reflects a rare
In his final budget address, New Jersey Governor Phil Murphy painted an optimistic picture of the state’s financial outlook, claiming to leave behind a surplus far larger than what he inherited. With a proposed budget of $58.1 billion, it’s tempting to buy into the narrative that his administration has decisively turned the tide on New
The recent decision by the Louisiana Citizens Property Insurance Corp. (LCPIC) to terminate its assessment early marks a significant milestone for property owners across the state. This proactive move will offer much-needed financial relief for homeowners and business operators who have faced rising insurance costs. The 1.36% assessment, which was intended to gradually eliminate debts