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Professor Shanna Rose discusses State and Local Budget Crisis

NYU Wagner Public Service Today

As the job market and retail sales continue to worsen, government revenues are also expected to continue weakening. Furthermore, nearly all U.S. states - and many local governments - are prohibited by law to run a deficit or borrow money to cover their operating expenditures. Chris Collins interviews Professor Shanna Rose about this issue, and gets her take on what governments can do to better wit... read more

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