According to the GAO, the deficit for state and local operating budgets as a percentage of GDP is slated to grow from 2 percent of GDP to close to 4 percent of GDP by 2060.
Recently in School Finance Category
December 17, 2014
December 16, 2014
Recent developments emphasize the extent to which K-12 budgets will create key education policy battles in several states.
December 10, 2014
How does the philosophy behind California's new K-12 funding system differ from many state education policy initiatives and debates?
November 13, 2014
There have been several interesting news developments in the arena of education finance the week of Nov. 10 in Colorado, Kansas, and elsewhere.
November 11, 2014
Oregon Gov. John Kitzhaber, a Democrat, has presented a wide-ranging package of education initiatives that include a focus on early education, reading, and English-language learners.
November 04, 2014
GOP Gov. Scott Walker has won the Wisconsin's governor's race.
October 31, 2014
After enacting changes to literacy instruction and fiscal transparency, Colorado Gov. John Hickenlooper, a Democrat, is seeking re-election against former congressman Bob Beauprez, the Republican nominee.
October 30, 2014
In a race where K-12 spending is a major issue, Kansas GOP Gov. Sam Brownback is squaring off against a Democratic state legislator, House Minority Leader Paul Davis.
October 27, 2014
Among those seeking a repeat of what happened in Wisconsin in 2010, some have looked at Illinois and recast GOP challenger and investment executive Bruce Rauner in Walker's role.
October 24, 2014
Incumbent GOP Gov. Tom Corbett is facing Democrat Tom Wolf in the race for Pennsylvania governor this year.