State Budget
Wisconsin’s childcare subsidies, regulations fail for families
Spiraling costs, scant benefit from rating system suggest it’s time for a new approach Executive summary While parents play the most important role in early childhood development, having reliable and affordable childcare is…
Johnson uses new budget role to highlight out-of-control Medicaid spending and fraud
Democrats, meanwhile, blocking release of Medicaid enrollee information Ron Johnson, the third-term Republican U.S. senator from Oshkosh, is using his new perch as chair of the Senate Budget Committee to spotlight rampant…
Healthcare Revelations in the Enacted Budget Financial Plan
The state financial plan published on June 10 disclosed key information about healthcare revenue and spending that lawmakers had not made public when approving the annual budget two weeks before. Here are the biggest…
Wisconsin should choose the right side of the income tax divide
Majority of states now have top rate below 5 percent States are increasingly choosing sides on income tax policy. The general national trend in recent years has been toward lower, flatter income tax systems, while a smaller…
Healthcare Highlights in the New State Budget
Governor Hochul’s focus on affordability seems to have skipped over the healthcare portions of the new state budget. The deal finalized May 27 between Hochul and the Legislature, which was came almost two months into new…
Budget Deal Reportedly Earmarks $100M for 1199 and Extends MCO Tax
As Governor Hochul and legislative leaders rush to finalize the overdue state budget, outlines of some healthcare-related deals have begun to emerge from the closed-door negotiations. Those deals reportedly include…
North Carolina should build its own budget simulator
Balancing a state budget is an exercise in tradeoffs. Every dollar allocated to one priority is a dollar unavailable for another. Yet those tradeoffs are often difficult to see, buried in lengthy documents, complex fiscal…
Albany Should Listen to Jamie Dimon
In his annual message to shareholders, JP Morgan Chase’s chief executive, Jamie Dimon, offered a timely and pointed warning for New York policymakers. It’s worth quoting in full, with emphasis added for a few key points:…
Albany Wavers on Shutting Down a Medicaid Racket
As Washington threatens to crack down on fraud and abuse in New York’s Medicaid program, state legislators are doing their best to demonstrate why federal intervention is needed. A glitch in the state’s “surprise billing” law…
New revenue projection shows surplus, revenue triggers prompting tax cuts likely to be met
Yesterday the Fiscal Research Division, along with the state budget office, released its updated revenue projections for the remainder of the current fiscal year and next year. Revenue projections are important because they…
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