Tag: government_finance
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U.S. State Tax Revenue Undergoes Major Transformation Over 123 Years
New U.S. Census Bureau data highlights a dramatic 123-year evolution in state tax revenue. Once absent, sales and income taxes now dominate state coffers, accounting for over 79% of revenue by 2025, a significant shift from 1902.
Politics and GovernmentBusinessEconomyState GovernmentsFederal Government U.S. Census BureauState TaxesTax RevenueSales TaxIncome TaxGovernment FinanceEconomic Data
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Nebraska's May Net Receipts Fall Below Forecast, Fiscal Year Shows Growth
Nebraska's May net receipts were $511 million, 7.8% below forecast, due to higher refunds. Fiscal year 2025-26 net receipts hit $6.067 billion, 10.7% higher than the prior year, despite being 2.9% below the revised forecast.
Politics and GovernmentBusinessUSAGeneral PoliticsState GovernmentsEconomy NebraskaGeneral Fund ReceiptsTaxationFiscal Year 2026Revenue ForecastJames R. KammGovernment Finance
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U.S. Treasury Announces Marketable Borrowing Estimates for Second and Third Quarters of 2026
The U.S. Department of the Treasury projects $189 billion in net marketable borrowing for the April-June 2026 quarter and $671 billion for the July-September quarter, adjusting previous estimates due to shifting cash flows.
Politics and GovernmentBusinessFederal GovernmentEconomyFinancial Markets U.S. Department of the TreasuryMarketable BorrowingNational DebtBusiness and FinanceGovernment FinanceSOMAUS Treasury