State governments have adopted a variety of measures to help get spending under control. Although most have yielded disappointing results, two institutions have been clearly successful: separate taxing and spending committees, and item-reduction vetoes.
Institutions and State Spending
An Overview
By Matthew Mitchell, Nick Tuszynski
This
article
appeared in
the Summer 2012 issue of The Independent Review.
Economic PolicyEconomyFederal Budget PolicyFederal Tax PolicyFiscal Policy/DebtGovernment and PoliticsPublic ChoiceState and Local Fiscal PolicyTaxesTaxes and Budget