🔓: With federal US #climatepolicy in flux, state #taxincentives could play a bigger role. Yet, they remain limited in scope & focused on #energy. To drive real impact, they must be better integrated into broader fiscal policy, find @lisgilmore.bsky.social @tstclair.bsky.social @carleton.ca @nyu.edu

What actually are the risks posed by the rising U.S. federal debt? And what could trigger a fiscal crisis? Wendy Edelberg, Ben Harris, Louise Sheiner of @brookings.edu #econsky www.brookings.edu/articles/wha...

Great explainer on impoundment

California's state insurer of last resort, described by a state legislator: "It feels like a big gamble in many ways. Quite frankly, if this were on Wall Street, I'm not sure you'd be able to get away with this." susanpcrawford.substack.com/p/what-happe...