ALEC: Municipal Finance Remains Strong

J.P. Morgan is predicting the Fed will raise interest rates nine times over the next year, that’ll likely mean higher payments to your credit card debt, mortgage debt if you’re on a variable rate, and possibly any other debt you have. But it’s not just you personally, your state and local government will also likely face higher borrowing costs. NTD spoke to chief economist at American Legislative Exchange Council (ALEC), Jonathan Williams to learn more.