Reason.com
New at Reason: Leonard Gilroy on Big Spending States and the Bailout
One of the most
profound spillover effects of the current economic crisis, writes
Leonard Gilroy, is that it has exposed a festering fiscal health
crisis in state and local government. Today 13 states are staring
at budget shortfalls in excess of $1 billion in fiscal year 2009,
with California ($31 billion) and New York ($6.4 billion) leading
the pack. Texas, on the other hand, is currently the envy of the
nation with an $11 billion budget surplus. How did the
state do it? By spending within its means and partnering with the
private sector.
Most Popular Stories
Reason RUPE: Public Opinion Survey
- Wisconsin: 65 Percent Believe Gov’t Workers Receive Better Retirement Benefits (5.29)
- Wisconsin: 69 Percent Favor 401(k)-Style Accounts for Government Workers (5.29)
- 17 Percent of Wisconsinites Favor Disbursing Retirement Benefits to Gov’t Workers Before Age 65 (5.29)
- Reason-Rupe: Wisconsinites Favor Increasing Public Union Retirement Contributions to Address Budget Deficit (5.25)
- Reason-Rupe Poll Finds Support for Public Union Reforms (5.25)
advertisements
Reason on Facebook
Reason on Twitter
Reason on YouTube
Reason RSSGet Reason E-mail Updates!
Manage your Reason e-mail list subscriptionsSite comments/questions:
Media Inquiries and Reprint Permissions:
(310) 367-6109
Editorial & Production Offices:
3415 S. Sepulveda Blvd.
Suite 400
Los Angeles, CA 90034
(310) 391-2245
Editor's Note: We invite comments and request that they be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of Reason.com or Reason Foundation. We reserve the right to delete any comment or disable your ability to comment for any reason at any time.