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Election year surpluses shape campaigning in states
States face a $24 billion windfall as sessions open and lawmakers promise tax cuts or new programs. Massachusetts Speaker Thomas Finneran warns surpluses test restraint while 46 states seek to pleasing voters ahead of elections. Analysts note past swings from surpluses to deficits and urge debt repayment or reserves amid market volatility.
MENTIONED IN THIS ARTICLE
Massachusetts
Thomas Finneran
Finneran
Michael Jordan
Mississippi
Dick Hall
State Senate Appropriations Committee
Hall
Arizona
Senate Finance Committee
Scott Bundgaard
Ilinois
Jeff Schoenberg
House Appropriations Committee
Schoenberg
Illinois
National Governors Association
USA Today
CNN
Maine
House
Elizabeth Mitchell
Pete Rios
Senate