Nebraska’s August tax receipts come in above projections for first time in at least 5 months
LINCOLN — Nebraska’s tax receipts for August broke a string of five straight months of revenues falling below economic forecasts, due to continued high sales and use tax collections. The state Department of Revenue’s report on August’s tax receipts showed a net gain of 1.2% compared to what Nebraska’s Economic Forecasting Advisory Board had predicted […]
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In an unprecedented move, Gov. Jim Pillen has reshaped the state board that predicts Nebraska’s tax revenues for budget writers, replacing three members with appointees that include two former Republican allies in the Legislature. Pillen appointed former state Sens. Lou Ann Linehan and Tom Briese to the nine-person Nebraska Economic Forecasting Advisory Board. He also […]
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In its latest effort to overhaul federal homelessness funding, the Trump administration is proposing to provide more money to localities that prioritize treatment-first policies such as sober living, more cooperation with law enforcement and more temporary and transitional housing. It’s a reversal from a decade-long federal approach known as Housing First that sought to permanently […]
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WASHINGTON — The Federal Reserve raised interest rates Wednesday for the first time in three years as inflation continues to dog the economy, largely driven by soaring gas and fuel oil prices while the war in Iran drags on. The central bank’s Federal Open Market Committee voted 12-0 to increase its benchmark interest rate by a […]