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Nebraska Gov. Jim Pillen called a special legislative session, starting on July 25, to try to win lawmakers’ support for his property tax reform plan.  The plan involves funding Nebraska’s K-12 schools through sales taxes — eliminating certain sales tax exemptions and raising taxes on advertising, cigarettes, vaping products and alcohol — rather than through
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Enjoy complimentary access to top ideas and insights — selected by our editors. Transcription: Transcripts are generated using a combination of speech recognition software and human transcribers, and may contain errors. Please check the corresponding audio for the authoritative record. Michael Scarchilli (00:05): Hi everyone, and welcome to the Bond Buyer podcast, your go-to source for
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California Gov. Gavin Newsom and lawmakers reached a budget agreement Saturday they say will close multi-year deficits by cutting $16 billion and declaring a statewide fiscal emergency to use reserves. The deal maintains the multi-year fiscal structure proposed in Newsom’s May budget revision to balance the budget in both 2024-25 and 2025-26, based on current
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To read this article for freeRegister for FT Edit now Once registered, you can: Read this article and many more, free for 30 days with no card details required Enjoy 8 thought-provoking articles a day chosen for you by senior editors Download the award-winning FT Edit app to access audio, saved articles and more
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Under Republican leadership, Louisiana has joined the red state battle against environmental, social and governance policies with the country’s latest state-level law that bans doing business with corporations, including bond underwriters, deemed to be unfriendly to the gun industry. Gov. Jeff Landry, a Republican who took office in January, has long advocated against ESG issues
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File photos: “For Sale” sign Brandon Bell | Getty Images Consumers seemed unimpressed by the latest drop in mortgage rates. Total mortgage application volume rose just 0.9% compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550
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