Publications

Nuclear energy has provided commercial electricity generation in the United States since 1957, when a plant in Shippingport, Penn., came online. Between 1966 and 1977, 75 nuclear reactors were built in the U.S. However, a combination of escalating costs and increasing safety and environmental concerns halted almost all construction of new nuclear reactors in the U.S. after 1978. While the future of nuclear energy is uncertain, the construction of the first new reactors in decades and the continuing need to reduce greenhouse gas emissions is leading to an increased interest in nuclear energy.

International trade directors from more than 35 states participated in meetings and discussions with federal officials, foreign dignitaries and other partners at the State International Development Organizations’, or SIDO’s, Washington Forum in Washington, D.C., the first week of April. SIDO members met with federal officials to discuss implementation of two recent legislative actions, namely the passage of the Small Business Trade Enhancement Act of 2015, or the State Trade Coordination Act, and the reauthorization of the State Trade and Export Promotions, or STEP, program.

For state budgets, every dollar counts. But this is perhaps even more so the case at a time when state economies are still recovering from the Great Recession. That’s why New Mexico State Auditor Tim Keller decided to take a closer look at state accounts when he was elected in 2014. In February, the New Mexico Office of the State Auditor released the second annual Fund Balance Report, which focuses on unspent funds in state government accounts that don’t automatically revert to the state’s general fund. In New Mexico, Keller took a look at unspent funds across all state agencies that didn’t automatically revert back to the general fund. And the results, he said, were somewhat surprising. “The dollars were much higher than anyone expected.”

In February, the Centers for Disease Control and Prevention released the Prevalence of Healthy Sleep Duration among Adults—United States, 2014 report, which found that nearly 35 percent of U.S. adults ages 18-60 are not getting the recommended seven hours of sleep per night. The average hours of sleep Americans get each night vary across states and across geographic locations, the average hours of sleep Americans get each night also vary across racial and ethnic groups, age groups, employment statuses, levels of educational attainment, and relationship statuses.The implications of sleep deprivation extend beyond individual health and can impact public safety and the workforce.

States may reap some revenue rewards following the rollout of new rules by the U.S. Treasury Department related to corporate income taxes. On April 4, 2016, the U.S. Treasury Department announced the issuance of new regulations that are intended to make it more difficult for companies to pursue corporate inversions—the practice used by companies to reincorporate overseas in order to reduce their tax burden on income earned abroad—and to reduce subsequent profits for tax purposes through a tactic called earnings stripping. Earnings stripping is a technique employed by companies after a corporate inversion to minimize U.S. tax obligations by transferring debt to a foreign parent company and declaring the interest on the debt as a deduction.

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