Flush Revenues…Tax Cuts or Increase Spending?

Cuts vs Spending…the age old question.  What to do with new revenue surpluses that the recent tax increases have provided. Poses the question, are the revenues sustainable and do we make decisions based on the influx now or anticipate a potential slowing? Mark Peters article in the WSJ today addresses what some states are considering.

http://online.wsj.com/news/articles/SB10001424052702304856504579339231636421524?mod=WSJ_hp_LEFTTopStories

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