February 2022 Posts

Feb
8
2022

The Treasury’s Final Rule on Economic Development is Only a Win if it’s Enforced

The U.S. Treasury recently issued its final rule on the eligible uses of the American Rescue Plan Act’s (ARPA) Coronavirus State and Local Fiscal Recovery Fund (CSLFRF). The guidelines also clarify what funds may not be used for. Notably, the Treasury said they can’t be used for general economic development purposes.

Feb
8
2022

Green New Deal or Stale Old Tax-Break Scam? Getting Electric Vehicle Incentives Right

The rapid rise of electric vehicles (EVs) is about to disrupt state economies and budgets, but the tax break-industrial complex is on cruise control. Governments are suddenly throwing billions in subsidies at new EV assembly and battery factories. Uncle Sam, as usual, is MIA on industrial policy, so the “economic war among the states” is in overdrive. Good Jobs First Executive Director Greg LeRoy wrote about the situation for The Nonprofit Quarterly.