MuniLand Snaps: July 18
Interesting map from the Tax Foundation on state income tax brackets.
Hamilton Place: A Storify of Ben Bernanke’s testimony yesterday
Davis Polk: Dodd-Frank Two-Year Anniversary Progress Report
State Budget Crisis Task Force: Report on the state budget crisis
Bond Buyer: MSRB’s Polsky, but no SEC official, to testify at House panel muni hearing
Bloomberg: Detroit’s core thrives as criminals prey on neighborhoods away from downtown
Reuters: Officials say City of Compton may declare bankruptcy by September
On first glance, Volcker / Ravitch report on state finances looks like a great diagnosis / explanation of the problem.
— Mike Stanton (@MikeStanton1891) July 17, 2012
“A 1 percentage point increase in the unemployment rate increased the disability claims application rate more than 10 percent” — Ben Domenech (@bdomenech) July 17, 2012
New NCPA report: only 11% of America’s highway bridges were considered structurally deficient last year, down from 24% in 1990
— Jen DePaul (@BondBuyerJen) July 18, 2012