Category: States
Dem-Sponsored “HEROES” Act Would Favor California, Not So Much New York.
May 20, 2020 – The Democratic-controlled House of Representatives passed the Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act…
Tax Flight Is Real: TX and FL Gain. NY, CA and NJ Lost Residents.
January 6, 2020 – In a report authored by Bank of America Securities analyst Ian Rogow, 2017-2018 migration data issued…
BlackRock Reduced Long-Dated Bond Holdings in $11B Muni Fund
August 29, 2019 – BuyMuni’s analysis of BlackRock’s Strategic Municipal Opportunities Fund (“SMO Fund”) investor materials revealed tactical shifts within…
Fitch: Most States Experiencing Revenue Growth But FY2020 Outlook Remains Cautious
In a report issued on August 1, 2019, Fitch Ratings (“Fitch”) analysts opined that most U.S. states are experiencing solid…
How Low Interest Rates Could Wreck State/Local Budgets and Hurt Credit Quality
The past week was a bumper week in munis, with nearly $14 billion in new issuance. It was also one…
States Saddled with Retiree Healthcare Liabilities Would Benefit from Medicare-for-All. Correction: Their Bondholders Will.
If polls are to be believed, a majority of Americans are ready to remove President Trump in 2020, electing what…
[Op-Ed] Something Fishy Is Brewing in Illinois. Smells Like Bacalao.
This is not an op-ed about the state of Illinois’ credit. As a progressive, I am holding out for the…
Landmark “Janus” Ruling Hasn’t Erode Union Power, Yet.
July 12, 2019 – Despite the landmark Supreme Court Janus ruling that non-union governmental workers may not be required to…
[WSJ] Connecticut’s Blue Politicians Spill an Ocean of Red Ink
The Wall Street Journal reported on June 14, 2019 that Connecticut’s biennial budget soon to be signed by new Democratic…
