The Great Recession’s Untold Story: State Budgets

(10 am. – promoted by ek hornbeck)

Cross posted from The Stars Hollow Gazette

Democratic Connecticut Governor Dannel Malloy (@GovMalloyOffice) joined the panel on Up with Chris Hayes to discuss the untold story of the Great Recession: how cash strapped states and local governments are dealing with the aftermath of the financial crisis and how they could be affected by the outcome of so-called “fiscal cliff” negotiations. Host Chris Hayes, along with Gov. Malloy, talk about austerity on the state level cash strapped states resort to extreme measures to balance their budgets and the different way states are finding to raise cash.

They are joined in the discussion by Elizabeth Pearson, fellow at The Roosevelt Institute; Maya Wiley (@mayawiley), founder and president of the Center for Social Inclusion; Veronique de Rugy (@veroderugy), senior research fellow at the Mercatus Center at George Mason University; and Dedrick Muhammad, senior economic director at the NAACP.