BOSTON – U.S. governors this weekend called for greater fiscal discipline in their states to calm bond market fears over their debts, but they offered little consensus on efforts to extend certain federal government stimulus programs, specifically Build America Bonds.

Governors traded war stories from the fiscal 2011 budget writing process as they met here over the weekend for the three-day annual National Governors Association Conference. The governors touted various efforts to save education spending or cut taxes amid the worst recession in a generation that spared neither political party. Many of the governors said they see a weak economic acceleration, meaning renewed fiscal conservatism will be needed going forward.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.