Dealing with deficits: how New England States are managing the fiscal crisis

Amanda Lydon and E. Matthew Quigley

Fiscal Facts, 2002, issue Fall, No 29, 4 pages

Abstract: Following the economic boom of the late 1990s, the current recessionary period has caused revenues to decline and demand for government services to rise. Now, government executives and lawmakers, faced with persistent budget deficits, are struggling with difficult decisions: \\"What cuts should we make?\\" \\"Could we, should we, raise taxes?\\" \\"How deeply do we dip into quickly diminishing reserves?\\"...

Keywords: Economic conditions - New England; Deficit financing - New England (search for similar items in EconPapers)
Date: 2002
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