State governments face extraordinary challenges in coming years. Tepid recovery from the Great Recession has limited the ability of state governments to expand and add jobs, unlike past recoveries. Concerned about traditional revenue streams, some governors and state legislatures are proposing drastic changes to their tax structures. And the rapidly changing federal landscape—notably health reforms in the Affordable Care Act and budget caps and threat of sequester from the Budget Control Act—pose further challenges for state governments.
This forum will address key challenges facing states. Topics include:
How have state governments contributed to this recovery compared to past recoveries?
How might state revenue streams change in the future? What are the consequences of these changes?
How will the sequester affect the states?
How are states keeping up with new market reforms in the Affordable Care Act?
Stan Dorn, Senior Fellow, Urban Institute
Ben Harris, Senior Research Associate, Urban Institute
Joseph Henchman, Vice President of State and Local Projects, Tax Foundation
Nick Johnson, Vice President for State Fiscal Policy, Center on Budget and Policy Priorities
Zachary Goldfarb, White House and economics writer, The Washington Post (moderator)