TITLE

Strong State Revenues Prompting Tax Cut, Spending Plans, S&P Says

AUTHOR(S)
Vadum, Matthew
PUB. DATE
March 2006
SOURCE
Bond Buyer;3/21/2006, Vol. 355 Issue 32343, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the statement announced by Standard & Poor’s Corp. which states the necessity of lawmakers to cut taxes and unveil new spending proposals for the year due to strong state revenues. The director of the agency Robin Prunty said that trend of increased state revenue has resulted in a level of financial flexibility not seen in the sector over the previous years. He also added that the revenue growth has also led to new funding initiatives.
ACCESSION #
20302876

 

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