This is republished content originally hosted on the Mercatus’ Center former blog, Neighborhood Effects. Alaska is facing another budget deficit this year – one of $3 billion – and many are skeptical that the process of closing this gap will be without hassle. The state faces declining oil prices and thinning reserves, forcing state legislators to rethinkContinue reading “What’s going on with Alaska’s budget?”
Tag Archives: Taxes
Eight years after the financial crisis: lessons from the most fiscally distressed cities
This is republished content originally hosted on the Mercatus’ Center former blog, Neighborhood Effects. You’d think that eight years after the financial crisis, cities would have recovered. Instead, declining tax revenues following the economic downturn paired with growing liabilities have slowed recovery. Some cities exacerbated their situations with poor policy choices. Much could be learnedContinue reading “Eight years after the financial crisis: lessons from the most fiscally distressed cities”