Tag: crisis

Federal, Policy, State & Local

When cities go bankrupt, it’s Black lives at risk

June 23, 2020

Via: Fortune

Each week as the unemployment numbers roll and the economic slide deepens, it becomes clearer that without significant funds from the federal government, cities and states are likely to face massive shortfalls, some even failing to make payroll and pay […]

Federal, Policy

Senate Investigation Criticizes the IRS for Failing to Oversee Free Filing Program

June 9, 2020

Via: Government Executive

ASenate investigation has found that the IRS has conducted little oversight of its partnership with the for-profit tax prep industry to offer free tax filing, and calls for the agency to increase funding to promote the free option. “It shouldn’t […]

Federal, Policy

US Treasury seeks to borrow a record $3 trillion this quarter

May 4, 2020


Massive stimulus to support the U.S. economy through the coronavirus crisis will cause the Treasury to borrow a record $3 trillion this quarter. The department on Monday announced the total, which is actually $2.999 trillion. “The increase in privately-held net […]