3min chapter

Very Serious with Josh Barro cover image

David Schleicher on the Fiscal Whipsaw in State Governments

Very Serious with Josh Barro

CHAPTER

The Effects of Budget Pressures on States and Localities

Sally Kohn: What programs and tax policies were created during the boom times are going to be really hard to change. She says some states have been managing budget pressures through reductions in services. Kohn: The cutting services is really the only tool other than, you know, raising taxes.

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