New State Budget -- with Local Tax and Spending Limits
Author | : Public Expenditure Survey of Wisconsin |
Publisher | : |
Total Pages | : 44 |
Release | : 1975 |
Genre | : Budget |
ISBN | : |
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Author | : Public Expenditure Survey of Wisconsin |
Publisher | : |
Total Pages | : 44 |
Release | : 1975 |
Genre | : Budget |
ISBN | : |
Author | : Ludger Schuknecht |
Publisher | : Cambridge University Press |
Total Pages | : 305 |
Release | : 2020-11-12 |
Genre | : Business & Economics |
ISBN | : 1108496237 |
Up-to-date, holistic and comprehensive discussion of public expenditure, its history, value for money, risks and remedies.
Author | : United States. Congress. House. Committee on the Budget |
Publisher | : |
Total Pages | : 64 |
Release | : 2003 |
Genre | : Budget |
ISBN | : |
Author | : Richard K. Vedder |
Publisher | : |
Total Pages | : 40 |
Release | : 1993 |
Genre | : Political Science |
ISBN | : |
Author | : Matthew D. Mitchell |
Publisher | : |
Total Pages | : 48 |
Release | : 2014 |
Genre | : |
ISBN | : |
State and local government spending has grown at a remarkable clip over the last half-century. Since the close of World War II, aggregate state and local spending grew 34 percent faster than the private sector and 37 percent faster than federal government spending. In recent years, the difference in growth rates has widened. From 2000 to 2009, state and local government spending grew nearly twice as fast as the private sector (while over the same period, the federal government grew even faster). Spending growth has not been uniform across spending categories, and Medicaid spending is by far the fastest-growing component of state expenditures. In this paper, I review some of these trends and then estimate what would have happened under an alternate scenario in which spending growth had been restrained. I look at the ten states with the largest FY2009 budget gaps and the ten states with the largest FY2010 budget gaps. Because six states make both lists, I analyze fourteen states in total. For each, I estimate what its FY2009 spending level would have been had its budget grown at the pace of population growth and inflation, beginning in two periods: 1987 and 1995. In twelve of the fourteen states, the entire FY2009 budget gap would have been avoided had the state kept spending at real 1995 per capita levels. In thirteen of the fourteen states, the budget gap would have been avoided had the state kept spending at real 1987 per capita levels. I conclude by reviewing some state-level institutional reforms that may be able to restrain the growth of state governments. But given the prominent role that Medicaid plays in state spending growth and given the fact that the program is financed jointly by the states and the federal government, reform may need to be addressed at the federal level as well.
Author | : Jaime Calleja Alderete |
Publisher | : Public Policy Instit. of CA |
Total Pages | : 103 |
Release | : 2007 |
Genre | : Budget |
ISBN | : 1582131252 |
Introduction -- Budget practices with potential spending implications -- The budget timeline -- Links between budget practices and expenditures -- Funding targets -- Legislative access to budget requests -- Performance measurement -- Performance management -- Performance budgeting -- Mid-session budget revisions -- Budget practices across the nation and in California -- The national landscape -- The development of California's current budget practices -- Current budget practices in comparable states -- Data sources -- Methods and regression results -- Bibliography.
Author | : Mr.Tamim Bayoumi |
Publisher | : International Monetary Fund |
Total Pages | : 24 |
Release | : 1994-07-01 |
Genre | : Business & Economics |
ISBN | : 1451954700 |
State budgets in the United States played a significant macroeconomic role in the 1970s and 1980s, and the level of cyclical responsiveness was affected by the severity of statutory and constitutional fiscal restraints. Moving from no fiscal restraints to the most stringent restraints lowered the fiscal offset to income fluctuations by around 40 percent. Simulations indicate that a reduction in aggregate fiscal stabilizers of this size could lead to a significant increase in the variance of aggregate output.
Author | : United States. Office of Management and Budget |
Publisher | : |
Total Pages | : 428 |
Release | : 1992 |
Genre | : Budget |
ISBN | : |
Author | : United States. Office of Management and Budget |
Publisher | : |
Total Pages | : 64 |
Release | : 1993 |
Genre | : Budget |
ISBN | : |