Video: O'Malley, Sebelius and Zandi at Outlook 2011
Maryland Gov. O'Malley, Sec. Sebelius, and economist Mark Zandi shared their fiscal and political forecasts at the 2011 Outlook on the States and Localities conference. Their remarks are now available online.
A number of public officials shared their fiscal and political forecasts at Governing's 2011 Outlook on the States and Localities conference in Washington, D.C., earlier this month.
GOVERNING View and FedWatch highlighted the main takeways from speakers like Maryland Gov. Martin O'Malley, U.S. Health and Human Services Secretary Kathleen Sebelius, and Moody's Analytics Chief Economist Mark Zandi. Their full remarks to Outlook attendees are now available in these videos below. (Runtime: about 30 mins. per speech):
Gov. O'Malley told attendees that 2012 will be the worse budget year yet for states, but he challenges state leaders to be innovative in today's economic environment in order to win the future.
Sec. Sebelius talks about judicial overreach in rulings regarding the Patient Protection and Affordable Care Act and discusses how HHS is working with states to implement more flexible Medicaid programs.
Zandi is optimistic about the future of the economy. He says that while gross domestic product is growing, that doesn't mean state and local governments will be able to increase expenditures.