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Keywords: Balanced budgets
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Journal Articles
Journal of Public Budgeting, Accounting & Financial Management (2024) 36 (2): 217–233.
Published: 14 February 2024
...James W. Douglas; Ringa Raudla Purpose The purpose of this article is to challenge the balanced budget practices of U.S. state governments and offer alternatives that may lead to better fiscal, economic and policy outcomes. We contend that the norm of balance may be leading U.S. states to make...

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