Progressive state and local governments strive to build economies that create jobs, boost incomes, foster educational opportunity and strengthen government’s fiscal base. With continued congressional gridlock, the progressive agenda for these laboratories of democracy is more important than ever. Maryland Governor and former Baltimore Mayor Martin O’Malley discusses how states can secure the middle class and promote new and shared prosperity.
Read MoreOn July 1, 2008, New York City emerged from 30 years of financial oversight by the state with the expiration of key provisions of the 1978 Financial Emergency Act. What does this pivotal event in the city’s fiscal history mean for the future of the nation’s fourth largest governmental budget? What requirements will sunset, and what procedures will remain in place?
Read MoreNew York City went from a dire fiscal crisis in 2002 to an estimated surplus of almost $2 billion this year. After years of austerity, higher revenues may spark demands for tax cuts and new spending. As the mayor prepares his Fiscal 2007 budget proposal, we consider how political leaders, business, labor and the nonprofit sector will respond.
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