The state’s stabilization (or “rainy day”) fund is designed to buoy the state through tough economic times, and it has certainly been used in the recent recession. This post will examine the set-up of the fund, the recent history of its use, and its future in getting the state through the Great Recession. The stabilization …
Monthly Archives: June 2010
Transparency Improvements Passed
In April, the House, with leadership support, passed two big steps in the right direction on financial transparency. The Senate, during budget debate, approved roughly the same measures, making their final passage highly likely.