Budget Blog

  • As of February 21 st , governors in 43 states have given a State of the State address to the legislature, with three more scheduled. State of the State speeches this year have been influenced by both the current fiscal and political landscape. Governors are contending with not only slow revenue growth and constrained spending, but also federal uncertainty in a number of areas including the possible repeal and replacement of the Affordable Care Act, the consideration of federal tax reform, and discussion regarding various infrastructure proposals. Although many states are facing tight fiscal conditions, governors... More

  • While there recently has been much discussion on the possibility of a new infrastructure initiative at the federal level, states have taken a number of steps to help address infrastructure and transportation needs over the past several years. NASBO’s latest State Expenditure Report highlights the fact that states have recently increased transportation spending. In fact, transportation led the way in spending growth from state funds in both fiscal 2015 and fiscal 2016. In both years, transportation experienced larger gains in spending from states’ own fund sources (general funds and other state funds)... More

  • Interest in evidence-based policymaking and harnessing data to help solve problems continues to grow across all levels of government. At the federal level, Congress last year passed and President Obama signed a law ( P.L. 114-140 ) creating the “Commission on Evidence-Based Policymaking.” Sponsored by House Speaker Paul Ryan (R-WI) and Senator Patty Murray (D-WA), the legislation was enacted with strong bipartisan support. As outlined in the law, the Commission was set up to study and make recommendations on the following: how administrative data on federal programs and tax expenditures, as... More

  • As a new congressional session opens this week and a new President will be sworn in on January 20th, there has been considerable discussion around sweeping changes that may be enacted this year. These changes could take place under a process called reconciliation (explained below). The most cited types of big changes that could occur through reconciliation are a repeal of the Affordable Care Act and tax policy changes. This blog is intended to highlight relevant federal budget terms and processes to assist budget officers and analysts as they monitor federal action for impact on state budgets: budget resolution,... More

  • Governors have begun releasing budget proposals for fiscal 2018, which will begin on July 1, 2017 for 46 states (New York begins its fiscal year on April 1, Texas on September 1, and Alabama and Michigan on October 1). Over the coming months, 47 states will enact a new budget for fiscal 2018, while three states previously enacted budgets covering both fiscal 2017 and fiscal 2018. In addition, of the 47 states approving a new budget, 17 will authorize a two-year budget covering both fiscal 2018 and fiscal 2019. For most states, the legislature will begin considering the governor’s budget proposal in the winter,... More