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United States

Laila Kearney

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

Nov 15 2017

U.S. tax reform poses more risks for state and local governments

CHICAGO/NEW YORK State and local governments could suffer hits to revenue collections under the tax reform bills being considered in the U.S. Senate and House because of the potential loss of a federal subsidy applied to bond issues and because a proposed increase in the standard taypayer deductions would affect some states.

Nov 15 2017

U.S. tax reform poses more risks for states, local governments

CHICAGO/NEW YORK, Nov 15 States and local governments face additional revenue risks under U.S. House and Senate Republican tax reform bills from a potential loss of a federal subsidy and increases in standard taxpayer deductions that would cut cash to some state coffers.

Nov 13 2017

CalPERS considers upping fixed-income investment, lowering volatility

NEW YORK The California Public Employees’ Retirement System is considering more than doubling its investment in municipal bonds and other fixed-income assets while lowering volatility, according to proposals set for discussion at a workshop on Monday.

Nov 10 2017

Muni market breathes 'sigh of relief' over Senate tax plan

CHICAGO/NEW YORK The U.S. Senate Republican tax bill helped soothe nerves in the municipal bond market on Friday, just over a week after the House of Representatives proposed changes that would decrease its future supply of tax-free debt.

Nov 10 2017

In Puerto Rico, a sinkhole of rebuilding struggles

BAYAMON, Puerto Rico/NEW YORK, Along a stretch of highway in suburban Bayamon, Puerto Rico, construction workers tried desperately to make progress repairing a 100-foot-long sinkhole before the clouds rolled in.

Nov 07 2017

U.S. House tax bill would shake up municipal market supply and demand

CHICAGO/NEW YORK U.S. tax reform plans are already transforming municipal debt market dynamics, sparking a sharp rally even as details released by Republicans in the U.S. House of Representatives are likely to shift over the coming days and weeks.

Nov 03 2017

Republican tax plan a blow to Democratic states, officials say

(This version of the Nov. 2 story corrects paragraph 8 to say that Trump lost Nevada in 2016, instead of that he won Nevada)

Nov 03 2017

Republican tax plan a blow to Democratic states, officials say

NEW YORK/CHICAGO Democratic-leaning states are set to bankroll a big chunk of the tax cuts unveiled in a Republican tax plan on Thursday, as the plan slashes deductions used the most by residents of states that voted against Donald Trump in the 2016 elections.

Nov 02 2017

States struggle with retirement costs to balance budgets -report

NEW YORK, Nov 2 Many U.S. states are balancing their budgets by underfunding retirement plans and taking other short cuts that create more problems down the road, according to a report released on Thursday by the Volcker Alliance.

Oct 27 2017

NY, California governors say residents would suffer under Trump tax cuts

NEW YORK New York and California's Democratic governors said on Friday residents would face hefty tax increases and some would leave their states under a proposal in the Republican tax plan that would eliminate state and local tax (SALT) deductions on federal income tax.

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