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California Is 20th Least Dependent On Federal Aid

California Is 20th Least Dependent On Federal Aid

For many Americans, the federal government’s packages to stimulate the economy during the COVID-19 pandemic are notable for the direct relief they have offered to individual households, like stimulus checks and expanded unemployment benefits. But these bills have also brought unprecedented levels of federal investment into state and local governments. One of the major features […]

Cities Are Experiencing Significant Stimulus Fund Revenue Growth, Yet Long-Term Risks Continue

Cities Are Experiencing Significant Stimulus Fund Revenue Growth, Yet Long-Term Risks Continue

California cities, including those in Ventura County are experiencing significant tax revenue growth. This according to the State Auditor’s August 17 report, adding: “Because of increased revenues from the American Rescue Plan Act of 2021 and property tax revenues increasing, most cities are well positioned to increase or improve services for residents or reduce taxes and fees.” Additionally, […]

Biden Administration Unveils ‘Historic’ Investment For Communities That Could Create 300,000 Jobs In The ‘Near Term’

Biden Administration Unveils ‘Historic’ Investment For Communities That Could Create 300,000 Jobs In The ‘Near Term’

  THOMAS CATENACCI CONTRIBUTOR President Joe Biden’s administration announced that it would give $3 billion in coronavirus stimulus funds to approved local communities across the country. The program dubbed “Investing in America’s Communities” amounts to the largest initiative of its kind in decades, according to the Department of Commerce. Local governments and organizations nationwide impacted by the coronavirus […]

Study: American Rescue Plan allocates $2 billion to counties that don’t exist or don’t have fiscal problems

Study: American Rescue Plan allocates $2 billion to counties that don’t exist or don’t have fiscal problems

Bethany Blankley | The Center Square contributor (The Center Square) – The Washington, D.C.-based Tax Foundation has calculated that about $2 billion worth of taxpayer money from the Democratic-passed American Rescue Plan Act is allocated to local governments that don’t exist or aren’t in financial distress. The act is a $1.9 trillion spending plan that President Joe […]

US Coronavirus Spending Is About To Soar Past What America Spent To Defeat The Nazis In World War II

US Coronavirus Spending Is About To Soar Past What America Spent To Defeat The Nazis In World War II

ANDREW TRUNSKY CONTRIBUTOR The House passed President Joe Biden’s American Rescue Plan Wednesday afternoon, raising the price tag for federal government spending on coronavirus relief to $5.5 trillion. The $1.9 trillion bill is just the latest that Congress has passed in the past year, adding to the unprecedented amount of money that is greater than the United States […]