This Policy Brief is the first in a series of reports examining the state’s budget. Specifically, this report focuses on overspending of the biennial budget and delves into the issue of state accountability for tax dollars spent.
D.C. Doesn’t Just Spend Too Much Money, It Spends On The Wrong Things
Can you imagine China, Russia, or Iran spending trillions of dollars to remove any fraction of the carbon dioxide they’re pumping into the air? When corporations — and people — misallocate capital, they tend to suffer. Of course, whether capital is misallocated is sometimes only fully understood after the fullness of time. The People’s Republic...