Budget Deal, Improving Economy Could Buoy State Budgets Though Risks Remain
As governors begin preparing their budget proposals for the coming fiscal year, the federal budget deal and growth in the U.S. economy may provide an extra boost to tax revenue in many states.
The federal budget agreement between the White House and congressional GOP leaders, which President Obama signed Nov. 2 after Congress approved it, could remove a key threat to economic growth, analysts say. The budget act “creates longer-term certainty for the economies of our states and the nation,” said the National Governors Association.
Continue reading: http://www.routefifty.com/2015/11/state-budgets-improving-economy-risks/123553/?oref=govexec_today_nl