GOP States Struggle With Use of Budget Surpluses
Republicans who won control over state legislatures on principles of small government are facing pressure to spend budget surpluses on roads, schools and buildings that were cut or neglected during the recession.
Republicans who control a majority of the state capitols in the United States face a philosophical dilemma - what to do with all the money saved from previous cuts to the budget when an improving economy suddenly creates a surplus in revenues.
They won majorities in more than half the statehouses on principled platforms of making government smaller, some Republicans are now facing pressure to spend newfound money on roads, buildings and schools that had been neglected or cut during the recession-induced downturn of recent years.
Join the Discussion
After you comment, click Post. You can enter an anonymous Display Name or connect to a social profile.
LATEST FINANCE HEADLINES
Businesses: Anti-LGBT Bills Could Cost Texas $8.5 Billion and More Than 100,000 Jobs1 hour ago
The Week in Public Finance: A Run on Pensions in Dallas, Connecticut's Warning and a Threat to Muni Bonds5 days ago
Why Carrier Deal Could Set Troubling Precedent5 days ago
Oregon Governor Proposes Cuts, New Taxes to Close $1.7B Budget Shortfall5 days ago
Governor Vetoes $215 Million in Chicago Public Schools Funding5 days ago
Lawmakers Could Tap Emergency Fund for Pot Regulation5 days ago