State of the States: How will today’s tax and budget choices affect states’ futures?
With an improving economy, most state coffers have also recovered. But governors and legislators are engaged in intense battles over spending and tax priorities that may have long-term consequences for government and growth.
Organized by the Urban Institute’s State and Local Finance Initiative and the Urban–Brookings Tax Policy Center, this forum addressed how budget pressures affect the way state and local governments make spending decisions and addressed five key questions:
How have state finances fared since the end of the Great Recession?
What spending and tax choices are states likely to make?
Are state finances sustainable over the long term?
How will fiscal choices drive economic growth?
Have budget decisions affected criminal justice and public safety?
Howard Gleckman, senior fellow, Tax Policy Center, Urban Institute (moderator)
Joseph Henchman, vice president for legal and state projects, Tax Foundation
Nick Johnson, senior vice president for state fiscal policy, Center on Budget and Policy Priorities
Ryan King, senior fellow, Justice Policy Center, Urban Institute
David Quam, deputy director, National Governors Association
Kim Rueben, director, State and Local Finance Initiative, Tax Policy Center, Urban Institute
Support for this event has been provided by the Laura and John Arnold Foundation and the Ewing Marion Kauffman Foundation. We thank our funders, who make it possible for Urban to advance its mission. The views expressed are those of the presenters and should not be attributed to our funders, the Urban Institute, or its trustees. Funders do not determine our research findings or the insights and recommendations of our experts. For more information on our funding principles, go to www.urban.org/support.