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Economics & Inequality: State Fiscal Policy    Printer-Friendly
The "Red" States: How Governors Ended Up with Huge Deficits
Thad Hall, The Century Foundation, 6/14/2004
Unfunded mandates and reduced income from federal tax policies are the real culprits behind states' budget shortfalls in 2004.
Download in PDF format

Can the States Afford Devolution?: The Fiscal Implications of Shifting Federal Responsibilities to State and Local Governments
Harold A. Hovey, Century Foundation Press, 5/15/1999
This report on the fiscal effects of devolution explores the constraints that states face in collecting taxes and assesses which states are best and least prepared to finance any added responsibilities.

Balancing Acts: The Reality Behind State Balanced Budget Requirements
Richard Briffault, Century Foundation Press, 6/1/1996
In response to calls for a Constitutional amendment mandating that the federal government avoid a budget deficit by maintaining a balanced budget, Richard Briffault analyzes the states’ experience with balanced budget requirements and extrapolates lessons for a comparable federal initiative.
Read the Foreword
Read the Introduction


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