Why did some state tax revenues increase during the pandemic?

The pandemic has been bad for business, but it hasn't necessarily been bad for U.S. state tax revenues; in fact, 22 states saw tax revenues increase during 2020. These outcomes ran counter to estimates made during the year, ...

Financial aid rules influence household portfolio decisions

The U.S. House of Representatives recently passed the Student Aid Financial Responsibility Act to address problems with the current financial aid system. The act calls for several changes to simplify the Federal Application ...

Only tax increase can cure Illinois budget woes, study says

Tax increases are the only solution to a widening budget crisis that a new study says has landed Illinois among the nation's most financially troubled states, a soon-to-be-released report by a team of University of Illinois ...

GOP attacks Democrats for climate proposal

(AP) -- Republicans on Saturday attacked the climate change proposal crafted by congressional Democrats and endorsed by President Barrack Obama as doing little to reduce global warming while saddling Americans with high ...

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