NGA, NASBO Cite Strong Spending Pressures on States

Vadum, Matthew
December 2004
Bond Buyer;12/17/2004, Vol. 350 Issue 32032, p5
Trade Publication
This article reports that according to the semiannual Fiscal Survey of States released on December 16, 2004 by the National Governors Association and the National Association of State Budget Officers of the U.S., states are recovering from the 2001 economic slowdown, but strong spending pressures--especially from Medicaid--continue to vex state budgets. Although revenues have stabilized somewhat as the economy has improved from a budget perspective the margin of revenue security is narrow, even more so considering the spending pressures states are under.


Related Articles

  • States Struggle to Define 'Essential Services' Hickey, Jennifer G. // Insight on the News;7/8/2003, Vol. 19 Issue 15, p10 

    Reports the appropriation dilemma faced by U.S. states in connection to the grants included by the U.S. Congress in the Jobs and Growth Tax Relief Reconciliation of 2003. Restoration of education and economic development programs in Louisiana; Funding for a variety of programs in Pennsylvania;...

  • Growth, Taxes, and Government Expenditures: Growth Hills for U.S. States. Bania, Neil; Gray, Jo Anna; Stone, Joe A. // National Tax Journal;Jun2007, Vol. 60 Issue 2, p193 

    Barro-style models of endogenous growth imply that economic growth will initially rise with an increase in taxes directed toward economically "productive" expenditures (e.g., education, highways, public safety), but will subsequently decline--consistent with a "growth hill"--as the rising tax...

  • States Increased Spending Even During Recession. D'Agostino, Joseph A. // Human Events;2/17/2003, Vol. 59 Issue 6, p5 

    Reports on the increase in discretionary state spending in the U.S. even during recession. Rate of increase in discretionary expenditure in fiscal 2003; States which have balanced their budget requirements; Budget of Connecticut.

  • RAINY DAY FUNDS RUN FOR SHELTER. Bilem, Jamil // State Legislatures;Oct/Nov2003, Vol. 29 Issue 9, p20 

    Focuses on the rainy day funds, also called budget stabilization funds, of U.S. states. Impact of economic decline on state budget; Estimated budget of the states in 2000 and 2003; Differences in the states' rainy day funds.

  • Should the Public School System be Subsidizes by Federal Funds? Pro. Hubbard, Frank W. // Congressional Digest;Feb46, Vol. 25 Issue 2, p60 

    Focuses on the importance of Federal financing aid of U.S. states for schools. Discussions of Federal aid for education opponents; Existence of surplus State revenues; Total governmental expenditures of State.

  • Visible Supply by State.  // Bond Buyer;6/3/2005, Vol. 352 Issue 32146, p39 

    This article presents information related to visible supplies by various U.S. states such as Alaska, California, Hawaii, Idaho, Montana, Nevada, Oregon, Washington and Wyoming.

  • Far West: Plain/Insured GO Yield Curves for June 1, 2005.  // Bond Buyer;6/3/2005, Vol. 352 Issue 32146, p39 

    This article presents information related to plain and insured GO yield curves of various U.S. states for June 1, 2005. Some of the states mentioned are Wyoming, Idaho, Montana, Oregon, Nevada, Washington, Hawaii, Alaska and California.

  • The impact of performance-based budgeting on state fiscal performance. Crain, W. Mark; O'Roark, J. Brian // Economics of Governance;2004, Vol. 5 Issue 2, p167 

    Almost all American States have tried some form of performance-based budgeting, and this study examines the impact of this budget process innovation on state expenditures. Using panel data for 1970 through 1997 the findings indicate that performance-based budgeting curtails state spending per...

  • Spending on Youth Services Pared, New Survey Indicates. Cohen, Deborah L. // Education Week;1/8/1992, Vol. 11 Issue 16, p32 

    The article reports on a survey indicating that various U.S. states are cutting expenditures on youth services. There is an increased number in reported cases of child abuse and neglect different states. Also, a rise in the population of foster and impoverished children is prevalent. In spite of...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics