They always seem to talk a good game, but just how fiscally responsible is your governor?
Well, you can find out by checking out the Cato Institute’s just-released “Fiscal Policy Report Card on America’s Governors: 2008” written by Chris Edwards.
As described by Edwards: “This ninth biennial fiscal report card examines the tax and spending decisions made by the governors since 2003. It uses statistical data to grade the governors on their taxing and spending records – governors who have cut taxes and spending the most receive the highest grades, while those who have increased taxes and spending the most receive the lowest grades.”
Best and worst? Edwards notes: “Three governors were awarded an 'A' in this report card – Charlie Crist of Florida, Mark Sanford of South Carolina, and Joe Manchin of West Virginia. Eight governors were awarded an 'F' – Martin O'Malley of Maryland, Ted Kulongoski of Oregon, Rod Blagojevich of Illinois, Chet Culver of Iowa, Jon Corzine of New Jersey, Bob Riley of Alabama, Jodi Rell of Connecticut, and C. L. 'Butch' Otter of Idaho.”
Check out the fiscal report card, and then start asking questions of your elected officials.
Raymond J. Keating
Chief Economist
Small Business & Entrepreneurship Council
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