Letter to governor calls for a federal funds inventory
Letter to governor calls for a federal funds inventory
Dear Governor Ricketts, We write this letter on behalf of the Platte Institute to ask your administration to set an important precedent for financial transparency in state and local government, by creating a publicly-accessible inventory of federal funds being spent in Nebraska. As you have noted, COVID-19 emergency federal relief funds allocated to Nebraska total...
By Jim Vokal, Nicole Fox
Nebraska Unemployment Among Lowest, But Still Worst in State History
Nebraska Unemployment Among Lowest, But Still Worst in State History
The Bureau of Labor Statistics released its state unemployment data for the month of April. Nebraska had an unemployment rate of only 4% in the month of March, yet with the full effects of the pandemic in motion during April we saw a 4.3% increase in unemployment for a monthly amount of 8.3%, or 86,300 people. ...
By Sarah Curry
Legislature Expected to Return to Session July 20
Legislature Expected to Return to Session July 20
The Nebraska Legislature is currently scheduled for a summertime return to its 2020 session, which was suspended due to the COVID-19 emergency. Nebraska Legislature Speaker Jim Scheer says the plan is for senators to return for the final 17 days of legislative business between July 20 and August 13. Prior to the crisis, lawmakers had completed hearings...
By Adam Weinberg
Utah Group Supports Rep. Don Bacon’s FLEX Act
Utah Group Supports Rep. Don Bacon’s FLEX Act
The Platte Institute along with almost 30 other free market think tanks are asking Congress to modify the CARES Act to allow for more flexibility in already distributed funds instead of spending more money. Now, Platte’s partner organization in Utah has called on their delegation to support Representative Bacon’s FLEX Act. This press release partners...
By Sarah Curry
April Revenue Numbers Show Pandemic Impact
April Revenue Numbers Show Pandemic Impact
A delayed tax filing deadline and closed businesses in Nebraska has resulted in April state tax revenues that are $292 million below previous monthly projections. While this is a very noticeable impact from the pandemic, the data released by the Nebraska Department of Revenue this morning tells us a bit more about our tax code...
By Sarah Curry
Federal Relief Aid Totals More Than 100% of Nebraska State Budget
Federal Relief Aid Totals More Than 100% of Nebraska State Budget
We don’t know exactly how much money has been sent to Nebraska from the federal government for relief efforts related to the pandemic (how many people got the $1,200 payment?, how many children got the $500 payment?, where did all the PPP money go?, etc.). What we DO know is that the federal government has sent...
By Sarah Curry
Webinar: Impact on Agriculture
Webinar: Impact on Agriculture
Click here to download slides from the program in PDF format. The program may also be viewed and shared on Facebook and YouTube.
Jim Vokal Speaks with White House Office on CARES Act
Jim Vokal Speaks with White House Office on CARES Act
Today, I had the privilege and opportunity to participate in a White House “Listening Session” with the Office of American Innovation. Along with five other state think tank leaders, I was asked to provide feedback to the White House on the impact of the COVID-19 crisis as well the needed recovery efforts. Specifically, I was...
By Jim Vokal
Flexibility for CARES Act gaining momentum in Congress
Flexibility for CARES Act gaining momentum in Congress
The CARES Act has received criticism since its enactment in late March, however, there is a growing consensus of lawmakers seeing that a change is needed to the original legislation. As written, the CARES Act only allows its $150 billion in aid to states and local governments to be used for new spending, not to...
By Sarah Curry
Jobs Report Shows National Unemployment Impact
Jobs Report Shows National Unemployment Impact
The Bureau of Labor Statistics released its Employment Situation Summary today, and the results are what we expected (for the month of April). Number of unemployed persons rose by 15.9 million to 23.1 million in April Unemployment rate rose to 14.7% (that’s a jump of 10.3 percentage points) Largest over-the-month increase in the history of the survey...
By Sarah Curry