Fiscal Policy

National debt. The equation is simple. Rapidly expanding entitlement programs combined with war spending and lower-than-anticipated tax revenues have shoved American into a quagmire of national debt. The media has covered the story well. 

But what has been less reported are the ramifications of this exorbitant federal spending on state and municipal governments.  Rarer still are the stories that explain what this means for the average American. 

Decisions made in Washington affect individuals and businesses in Midwestern states like Indiana. But under the direction of Governor Mitch Daniels, Indiana has weathered the recent economic storm far better than most states thanks to Daniels’ prudent fiscal policies and practices.  In fact, the state received its first-ever AAA bond rating from Standard & Poor’s in 2008 and from both Fitch and Moody’s in 2010.

Sagamore believes that Indiana has an edge on state fiscal policy. That’s why we recruited Dr. Ryan Streeter, an expert on fiscal issues, to lead a new research project that will seek to change the national debate surrounding federal, state and local government spending. 

American Outlook Magazine

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