No one should be surprised by the financial insecurity of the majority of Hawaiʻi residents, but high levels of consumer debt add another worrying element to Hawaiʻi’s fragile financial health.
The best Capital Improvement Project (CIP) investment for Hawaiʻi—building affordable housing—is slated for just 4 percent of coronavirus response spending on CIPs.
The coronavirus pandemic has highlighted the fragility of Hawaii’s acclaimed health insurance system that relies on employer-sponsored plans.
The Great Recession’s federal stimulus program focused on building projects while CARES is putting more money directly into the pockets of residents and business owners.
Hawaiʻi’s post-COVID-19 economy should be one in which everyone has the opportunity to thrive. The design of this new economy must be informed by an understanding that the old economic order had been failing many Hawaiʻi residents for decades.
The State of Hawaiʻi will receive $1.8 billion in federal relief funding through the CARES Act. Here's a breakdown of where that funding will go.
As legislators scramble to make up a $1 billion revenue deficit, it's critical that they look to progressive revenue options to prevent budget cuts.
As lawmakers grapple with a $1 billion budget shortfall, advocates for the poor are warning them not to repeat the mistakes of the past.
An over-relience on a single, globally-connected industry such as tourism has resulted in a dramatic, tenfold spike in Hawaiʻi's unemployment rate.
A cut to the public sector so would prolong unemployment and lead to poorer health, lost productivity and a drop in economic security.