Senior Vice President for State Fiscal Policy
We rely on states and localities to provide public services like education, health care, and infrastructure that lay the groundwork for a prosperous future. But as we describe in a new paper, four serious challenges threaten their ability to pay for those programs.
Some states likely will rise to these challenges, protecting their schools, transportation networks, and other public services and modernizing their revenue systems for the long term. Some other states likely won’t meet the challenges, choosing instead to accept depressed revenues and decaying public services as the “new normal.” The country’s future prosperity depends to a significant degree on the number of states that choose the first, more fruitful path.
Click here to read the full paper.