Make Me Smart

The state of the states

05.06.2020 - By MarketplacePlay

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Thirteen percent of American workers are employed by a state government, and states get about 70 percent of their income from sales and income taxes. But with businesses shuttered and unemployment claims surging, local governments are facing a huge financial crunch. Here to talk us about what states are facing and what’s ahead is Marc Nicole. He’s president of the National Association of State Budget Officers and the deputy secretary of the Department of Budget and Management in Maryland.

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