News
Why States Didn’t Go Broke From the Pandemic
The headlines were inescapable: States faced a financial disaster of epic proportions because of COVID-19. But, the predictions were wrong. In an article for The Conversation, Batten's Raymond Scheppach explains why the disaster never happened.
Why Using Reconciliation to Pass Biden’s COVID-19 Stimulus Bill Violates the Original Purpose of the Process
In 1974, Congress invented the reconciliation process to reduce deficits. More recently, reconciliation has been used in ways that increase the deficit. Batten’s Ray Scheppach spoke with The Conversation to explain the process.
Plummeting Tax Revenues Will Put Governors in Tough Budget Situations
According to Batten's Ray Scheppach, the magnitude of the coronavirus fiscal crisis that governors and their states will have to face is just starting to emerge. And that crisis will affect states’ abilities to do everything from paying teachers to paving roads to providing social services.
Q&A: How Leaders Can Navigate Recession, From One Who’s Been There
As the U.S. economy continues its longest-ever period of expansion, economists are beginning to call attention to some indicators that point to a potential downturn. One of those economists is Batten Professor Ray Scheppach.
