Tax Policy Center

Rainy Day Funds (RDFs)

State and Local Issues: TaxVox
As states navigate an uncertain fiscal future , a lot of budget commentators will justifiably note that nearly every state cut taxes during the last few revenue boom years. But most states also stocked a lot of money into their savings accounts over the past three years – and this may help them weather forthcoming budget storms.
September 6, 2023Aravind Boddupalli
State and Local Issues: TaxVox
With more fiscal data coming in, the long-term health of state budgets looks murky. After a run up in 2022 , preliminary data show a...
August 4, 2023Lucy Dadayan
State and Local Issues: TaxVox
Whenever the federal government goes completely nuts , it can be comforting to remember the United States is a highly decentralized country . Fifty states...
January 25, 2019Tracy Gordon