Since June 2009, 504,000 jobs have been cut among municipal employees. Public-sector reductions at the local level have subtracted almost a quarter of a percentage point from annual GDP each of the past four years.
The Minnesota Vikings are facing opposition to the latest plan for a massive-taxpayer funded stadium.
City and county officials said Tuesday that they will face massive layoffs unless Congress passes the $75 billion Local Jobs for America Act. But the bill's prospects look dim.
The National League of Cities report released Tuesday suggests cities will have to get more innovative – perhaps privatizing important municipal functions.
Muni issues grow in turbulent times, offering higher yields.
In sprucing up playgrounds, the Boston Schoolyard Initiative has found a way to help kids learn.