Addressing the Coming Wave of State Insolvency

In the midst of multi-faceted disruptions, states that have poorly managed their finances for decades are now facing insolvency.  What are their options?  What are the implications of each option?  And which makes the most sense for taxpayers?  We’ll show you.

A growing number of governors are voicing concern about the damage inflicted on both the revenue and the expenditure sides of their states’ budgets by the COVID-19 pandemic. To allay these concerns, the $2 trillion Coronavirus Aid, Relief, and Economi.....