Fiscal Policy Report Card on America’s Governors: 2010

Executive Summary State governments have had to make tough budget choices in recent years. Tax revenues have stagnated as a result of the poor economy, and that has prompted governors to take a variety of fiscal actions to close large budget gaps. Some governors have cut spending to balance their budgets, while others have pursued large tax increases. That is the backdrop to this 10th biennial fis- cal report card…