Not much to show for TELs

Current fiscal pressures, driven largely by pension and health care costs, have renewed policymakers’ interest in such tax and expenditure limits (TELs). But while substantial time, resources, and effort have been devoted to the enactment of TELs, the fiscal outcomes stemming from such tools have largely failed to live up to their promises.

Exactly how effective have TELs been in constraining state and local spending, and how can state and local officials curb budget growth more effectively?  AEI’s Benjamin Zycher and a panel of TELs experts discuss the local and national implications of this new research Wednesday at noon. You can be part of the discussion online here.View the full size infographic

 

Also Visit
AEIdeas Blog The American Magazine
About the Author

 

Benjamin
Zycher

What's new on AEI

How the Common Core went wrong
image Election countdown: The mood, measurements, and mechanics
image Rubio's defense speech: Fearless, informed, and refreshing
image Sorry Kerry, there is little role for Iran in fighting ISIS
AEI on Facebook
Events Calendar
  • 22
    MON
  • 23
    TUE
  • 24
    WED
  • 25
    THU
  • 26
    FRI
Monday, September 22, 2014 | 2:30 p.m. – 4:00 p.m.
Policy implications of the new US labor market normal

We welcome you to join us as a panel of economists discuss US wage and price prospects in the coming months and the implications for the Federal Reserve’s current unorthodox monetary policy.

Event Registration is Closed
No events scheduled this day.
No events scheduled today.
No events scheduled this day.
No events scheduled this day.
No events scheduled this day.
No events scheduled this day.
No events scheduled this day.