Posted on
June 10, 2010
in
State Budget Crises: Why They Matter and Ideas for Fixing Them
The Mercatus Center at George Mason University recently released a policy brief that offers suggestions on how states can begin to climb out of their fiscal holes In Seven Key Aspects of Governing During Crisis, Maurice McTigue and Daniel M. Rothschild present a toolkit of seven ideas and procedures for state policy makers to evaluate budget shortfalls and find opportunities for reform. Drawing on domestic and international experiences, they suggest that the current gap between revenues and expenditures presents policy makers with an opportunity to reevaluate the functions and business practices of their state governments, not only to survive the current economic downturn, but in order to thrive in its aftermath.
Related posts
September 12, 2024
The Hidden Cost of Tariffs: Louisiana’s Economic Challenges in a Global Economy
Louisiana’s economy, deeply reliant on global trade, faces unique challenges under the weight of [...]
Read moreAugust 15, 2024
Avoiding The High Cost of ESG in Louisiana
Environmental, Social, and Governance (ESG) investing has gained popularity for promoting environmental [...]
Read moreJuly 30, 2024
Revitalize Louisiana: Addressing Long-standing Fiscal Challenges
In a recent joint meeting of Louisiana’s House Ways and Means Committee and the Senate Revenue and Fiscal [...]
Read moreJuly 17, 2024
Is the Louisiana DARE Program a Good Use of Scarce Tax Dollars?
The Drug Abuse Resistance Education (D.A.R.E.) program in Louisiana was recently audited by the Louisiana [...]
Read more