State budgets under stress: paths to sustainability

Richard H. Mattoon

Chicago Fed Letter, 2011, issue Oct, No 291b

Abstract: State governments have been noticeably absent in contributing to U.S. economic growth since the recession of 2008?09. Despite some recovery in tax revenues, many states are still reporting budget shortfalls and spending pressures for pensions and health care.

Keywords: Budget - United States; Fiscal policy - United States (search for similar items in EconPapers)
Date: 2011
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