State revenues, primarily from income and sales tax, are declining at a precipitous pace, adding to a looming fiscal crisis.
Read More »
The third quarter Global Sovereign Credit Risk Report, released by CMA, includes a special report on key U.S. states.
The state of our states is worrisome.
Who cares about economic growth when you can just raise taxes?
States are suffering shortfalls totaling nearly $300 billion.