Long-term revenue and spending projections can help states determine whether their budgets are on a sustainable path—or whether, instead, they can expect to face structural budget gaps. But although ...

The Federal Reserve intended for today’s interest rate cut of 0.5 percentage points to stimulate the broader economy, but this shift in monetary policy also represents a subtle but important change in ...

Immigrants play an outsize role in Philadelphia’s economy. They fill jobs, create businesses, own homes, and fuel entire industries at rates beyond their growing share of the city’s population (15.7% ...

The strength of rainy day funds in half of the states and nationwide increased during fiscal year 2024—according to states’ own estimates collected by the National Association of State Budget Officers ...

The growing impacts of climate change—from near-term events such as hurricanes, floods, and wildfires, to longer-term risks, including higher temperatures, droughts, and sea-level rise—have wreaked ...

Among borrowers who owe payments on their federal student loans, 13% were not making any payments during the “on-ramp period”: a year-long period of temporary flexibility to help transition borrowers ...

As so many of my fellow nonprofit leaders know, people are essential to the work we do. Those of us who choose careers in the social sector are driven by our passion and commitment to advance positive ...

The ocean is the lifeblood of our planet, regulating climate, feeding billions of people and animals and teeming with biodiversity. Yet it faces unprecedented threats from overfishing, pollution, ...

States and federal agencies are dedicating more staff, time, and resources than ever to help prepare communities, infrastructure, and ecosystems for a more extreme climate. With this encouraging ...

With few new starter or lower-cost homes being built in the U.S., communities throughout the nation could leverage manufactured homes (modern mobile homes) to help increase the housing supply. However ...

A December 2023 report from California’s Legislative Analyst’s Office found that the state’s projected deficits had increased to $155 billion through fiscal year 2028, exponentially more than ...

Most of Philadelphia’s 158,000 foreign-born workers—representing 1 in 5 working residents in 2022 and growing—work for either low or high wages, with few earning somewhere in the middle. The majority ...