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What Will Happen to State Budgets When the Money Runs Out?

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Publication Date: February 2009

Publisher(s): Nelson A. Rockefeller Institute of Government

Author(s): Donald J. Boyd

Topic: Banking and finance (Public finance)
Government (State or regional government)

Keywords: Stimulus; State Budgets

Type: Report

Coverage: United States

Abstract:

What will happen to state budgets when the new financial assistance included in the federal stimulus legislation expires? Senior Fellow Donald J. Boyd examines that question in a new Rockefeller Institute report issued Feb. 19. His conclusion: Budget gaps in fiscal 2012 are likely to rival those facing states before adoption of the stimulus package.