Last week, the United State Congress passed a $1.7 billion omnibus spending bill, averting a partial government shutdown and securing funding for the rest of fiscal year 2023. The bill includes $800 million for domestic funding and $858 million in de ...
Despite early projections that a potential recession may not have as hard-hitting of an impact on Alabama as previously expected, do not expect permanent tax relief for Alabamians in 2023. That was the message provided Friday night by incoming chair ...
Last week, a Washington Examiner columnist wrote an opinion piece entitled “Fiscal conservatism doesn’t always mean tax cuts.” It highlighted recent comments by the Alabama House of Representatives’ newly elected Speaker Pro Tem Chris Pringle (R-Mobi ...
State Sen. Chris Elliott (R-Josephine) feels that a push for Medicaid expansion could come from Republican legislators when the new legislative quadrennium starts in March 2023. In a recent interview on the “Jeff Poor Show,” Elliott reiterated that h ...
As Governor Kay Ivey prepares to enter her second full term in office, could permanent tax relief finally be in the cards for Alabamians? The answer is, maybe, but it still seems unlikely that sweeping tax reforms for citizens are on the horizon. ...
The talk of the legislature pursuing meaningful tax cuts during the 2023 regular session continues to pick up momentum. That is good news for Alabamians, though state lawmakers continue to hedge their bets as to whether the talk will become reality.T ...
Over the past month, there has been increased discussion amongst Alabama lawmakers about what state government should do with the historic $2 billion revenue surplus it amassed heading into fiscal year 2023. So far, the two main proposals have been u ...
In fiscal year 2022, Alabama’s state government collected over $13 billion in total revenue. It marked the fourth straight year the state has had a revenue surplus of at least $600 million. The $2 billion revenue surplus of 2022 marked a 15% growth c ...
Appearing Friday night on Alabama Public Television’s “Capitol Journal,” State Senate President Pro-Tem Greg Reed (R-Jasper) said that Alabama’s record $2 billion revenue surplus was a “one-time thing” should not be spent like “water through our fing ...
Last Friday marked the end of the 2022 fiscal year. For the Alabama state government, it was another record-breaking year. In 2022 the state took more tax dollars from citizens than ever before, ending the year with a $2 billion revenue surplus. In t ...
