The Great Recession hit state and local budgets hard, but there are signs that a recovery may be underway. Expert Tracy Gordon says the private sector is slowly adding jobs, and state revenues are beginning to creep up. However, there is pent-up demand for state services, and policymakers should use the opportunity to create efficiencies.
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Podcast@ Brookings Podcast: Cautious Optimism for State Budgets
January 20, 2012
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