Story from The Takeaway. Use audio player above to listen to entire report.
New York has balanced its budget, and California finally shed its reputation as a fiscal laggard, reaching its budget on time for the first time in years. But other states are not on similar paths.
In Minnesota, if the Democratic governor and Republican-led legislature cannot agree on a budget by midnight tonight, all nonessential services will shut down, including state parks — dire news, ahead of the July 4 weekend.
So why is it taking so long? And what can we learn from states that have already settled their books?
Matthew Mitchell, a research fellow on State and Local Policy at George Mason University’s Mercatus Center helps answer some of these questions on The Takeaway.
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