Covid-19, the Recession and State Budgets: What are our choices?

This week on EJB Talks Stuart Shapiro sits down with Bloustein School Senior Policy Fellow and former New Jersey Budget Director Richard Keevey, who reflects on his years of budgeting at both the state and national levels. Mr. Keevey gives his take on how the pandemic, and the ensuing economic downturn, have put enormous pressure on state governments. The pandemic has increased the needs of residents, while the recession has dramatically decreased the revenue sources that the state government relies upon. Given the magnitude of New Jersey's fiscal crisis, what options do the state's leaders have for making spending cuts without negatively affecting those who need services the most?