States Finding Fiscal Surprise: A Cash Surplus
Budget surpluses have largely stemmed from higher than expected tax
collections — corporate tax revenues alone were 11 percent higher than budget
estimates — and booming local economies. There has also been some relief in
Medicaid spending, which fell from an 11 percent annual growth rate to something closer to 7 percent in the past few years.
My word, how can we stop this man before he strikes again?
