Dealing with deficits: how New England States are managing the fiscal crisis
Abstract: Following the economic boom of the late 1990s, the current recessionary period has caused revenues to decline and demand for government services to rise. Now, government executives and lawmakers, faced with persistent budget deficits, are struggling with difficult decisions: \\"What cuts should we make?\\" \\"Could we, should we, raise taxes?\\" \\"How deeply do we dip into quickly diminishing reserves?\\"...
File(s): File format is application/pdf http://www.bostonfed.org/economic/neff/neff29/defecits.pdf
Provider: Federal Reserve Bank of Boston
Part of Series: Fiscal Facts
Publication Date: 2002
Order Number: 29