sustainable spending: respect the cap
TRANSCRIPT
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8/9/2019 Sustainable Spending: Respect the Cap
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Yankee Institute Policy Brief
Sustainable Spending:Respect the Cap
By Suzanne BatesPolicy Director, Yankee Institute
January 2015
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www.YankeeInstitute.org
January 2015| Yankee Institute for Public Policy | "
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*56'4)/() &'564'5*,%; < ,6%(-*(7 &/6 9'+:- /&&'56/(= )$% (%9 )/8 )$/) 9'+:- 6+) 4%/,'(/.:% :*5*),
'( )$% 74'9)$ '0 ,)/)% ,6%(-*(7> #$% ,6%(-*(7 &/6 6/,,%- '3%49$%:5*(7:= 9*)$ 5'4% )$/( ?@ 6%4&%() '0
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5/(-/)%- ,6%(-*(7 &/6B 9$%)$%4 .= 3')*(7 )' %8&%%- )$% &/6C, :*5*), )' 6/= 0'4 / (%9 64'74/5B '4 .=
+,*(7 &4%/)*3% /&&'+()*(7 )' 7%) /4'+(- )$% &/6>
#$% *56/&) $/, .%%( ,*7(*0*&/()> #$% ,)/)% &'+:- $/3% ,/3%- FG>" .*::*'( '3%4 )$% )9%()= =%/4, .%)9%%(
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,)/)% ,6%(-*(7 &/6> D%&> 1GB "@1Q> "@1QUJU@"2P>
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Sustainable Spending: Respect the Cap
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#$% )4%(- $/, .%%(; -%0*&*)B 0'::'9%- .= )/8 *(&4%/,%B 0'::'9%- .= ,+46:+,B 0'::'9%- .= 64'74/5
%86/(,*'(B 0'::'9%- .= -%0*&*)> T( )$%'4=B )$% &/6 ,$'+:- *()%44+6) )$% ,:*-% )'9/4- /(')$%4
-%0*&*) )$/) ,%%5, )' .%7*( 9*)$ %/&$ )/8 *(&4%/,%>P
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4%/:*)= )$% :%7*,:/)+4% /(- )$% 7'3%4('4 $/3% %3/-%- )$% &/6 ,%3%4/: )*5%,B 9$%)$%4 .= 3')*(7 )' %8&%%-
)$% &/6 '4 .= ,*56:= 5'3*(7 5'(%= /4'+(- )' /3'*- *)>
`'3> D/((%: Y/::'= $/, +,%- )$*, :/,) 5%)$'- 4%7+:/4:=B 5'3*(7 )%(, '0 5*::*'(, '0 -'::/4, 0'4 %-+&/)*'(
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I''6$':%, :*H% )$%,% ,$'9 )$/) )$% &/6 *, (') /, %00%&)*3% /, *) ,$'+:- .%> #$*, &'+:- .% 4%5%-*%- .=
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')$%4U64*'4*)*%,U*(U(%8)U&)U.+-7%)Z
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www.YankeeInstitute.org
January 2015| Yankee Institute for Public Policy | Q
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Sustainable Spending: Respect the Cap
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