The illusion of easy money and the high price of overconfidence

Alaska’s latest revenue forecast may look impressive at first glance, courtesy of recent oil price surges driven by global tensions. But as this editorial notes, lawmakers risk repeating deadly mistakes by allocating money that hasn’t yet been secured.

The illusion of easy money and the high price of overconfidence

Why rural leaders in 40 counties fear budget shortfalls

Rural leaders in 40 counties are bracing for corrosive budget deficits after the lapse of a federal program designed to compensate for the lack of local taxes on federal land. If no solution is found, these communities fear shortages for essential services ranging from roads to public schools.

Scanlon, Peoples-Stokes push for hotel bed tax as owner feels ‘hoodwinked’

Buffalo officials are advocating for a new 3% hotel bed tax to address significant budget deficits. However, the plan faces opposition from a hotel owner who feels misled and is not fully supportive of the initiative.