Latest news with #MikhailFoux
Bloomberg
3 days ago
- Health
- Bloomberg
Barclays Sees Medicaid Reductions Hurting 15 States the Most
President Donald Trump's budget bill that could deeply cut the nation's largest public health-insurance program stands to hurt some states more than others, according to Barclays Plc. Louisiana, Nevada and California stand to be the most negatively impacted if Medicaid is reduced, based on funding losses as a percentage of yearly revenue loss and the number of Americans with chronic health conditions living there, municipal strategists Mikhail Foux, Francisco San Emeterio and Grace Cen said in a Thursday note.
Bloomberg
16-05-2025
- Business
- Bloomberg
Untouched Muni Tax Perk Eases Urge to Flood the Market
Municipal bond investors likely felt relief this week when a draft tax bill didn't erase the all-important tax exemption, but that respite may cool this year's market for state and local governments seeking cash. Most muni bonds pay interest that's exempt from federal taxes, a perk that entices investors without raising an issuer's borrowing costs. Public finance groups had feared the removal of the exemption would be looked at as a way to help fund President Donald Trump's tax cuts, but with the pressure off for now, Barclays municipal strategist Mikhail Foux said municipalities may push back plans for bond sales.
