Trump’s Budget, the CBO on Health Care and Accounting for Higher Ed

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Trump’s Budget, the CBO Weighs In and Accounting for Higher Ed

By Liz Farmer

This week, President Trump proposed his budget and, as expected, it focused federal spending cuts on a narrow area that impacts state and local governments the most: discretionary spending. The cuts come by way of diverting more than $54 billion from various federal agencies to defense spending.

The Takeaway: Paying for all these cuts would mean many programs beneficial to states and localities would be targeted. Under the plan, grant funding — which accounts for 31 percent of state budgets and 22 percent of state and local spending combined — takes an enormous hit. Specifically, Trump would eliminate the $3 billion Community Development Block Grant program, which was started by President Nixon as a way to provide direct federal assistance to city projects. Keep Reading >>

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When It Comes to Tax Incentives, How Transparent Is Your City?

A new report highlights major holes in local governments’ online disclosure of how economic development dollars are spent.

College Savings Accounts Are Popular But Missing Their Marks

Few families use them — and even fewer put enough money away to matter. Advocates, however, say the programs are too young to judge.

Public Pensions and the Assets That Could Sustain Them

Transferring public assets or the revenue they generate may be an idea whose time has come.

Can a Small College Save Its Small Town?

In many places, they’re trying to like never before.

How Refinancing Debt Can Help Pensions

North Carolina wants to use existing low rates to shore up retiree pensions and health-care debt.


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