‘Fiscal Justice Ratings’ Fight Police Brutality With Finance – The New York Times
The ratings also acknowledge the potential cost of police misconduct, which traditional rating agencies have typically ignored. In one exception that illustrates how police killings can destabilize city budgets, Moody’s downgraded the bonds of Ferguson, Mo., after a white police officer shot and killed Michael Brown, an unarmed Black teenager, in 2014. Moody’s cited “the […]
Development Finance Authority of Summit County Receives $50 Million in Tax Credits – WKSU News
A group focused on promoting economic development in Northeast Ohio received its largest ever allocation of tax credits. The Development Finance Authority of Summit County was awarded $50 million in federal New Market Tax Credits. Fiscal Officer Rachel Bridenstine says the tax credits will help the organization attract investors to low-income community projects in their […]
Sinema rakes in Pharma and finance cash amid reconciliation negotiations – POLITICO
Sinema’s office did not respond to a request for comment. The pharmaceutical industry has spent millions of dollars on ads and lobbying to fight new rules and regulations that would amount to hundreds of billions of dollars in savings for the government — and consequential losses for the industry’s bottom line. Her individual donors also […]
