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What to Look for in State Budgets
April 28, 2016

William Glasgall, Director of State and Local Programs at The Volcker Alliance , discusses what’s important to keep in mind when looking at state budgets. He describes the benefit of using GAAP budgeting and points to the perils states face when adopting short-term fiscal maneuvers. He also looks at how Puerto Rico has become a the ultimate example of what happens to a government after making years of bad budgeting decisions.

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