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
January 22, 2025
Louisiana’s Sales Tax Swap and What It Means for Fiscal Responsibility
In the last legislative session, Louisiana Governor Jeff Landry introduced—and the Legislature ultimately [...]
Read moreJanuary 8, 2025
Louisiana’s Economic Landscape: Breaking Barriers to Growth
Louisiana’s economic performance continues to lag behind its regional peers, with recent data [...]
Read moreJanuary 7, 2025
Where Does Louisiana Rank in Economic Freedom?
Louisiana ranks 23rd among U.S. states in the Fraser Institute’s latest 2024 Economic Freedom of North [...]
Read moreDecember 11, 2024
Louisiana’s Tax Competitiveness Poised for Improvement
Louisiana ranks 40th in the 2025 State Tax Competitiveness Index, reflecting its historically complex [...]
Read more