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Is your state ready for the next recession? Chances are, it’s not

OCTOBER 18, 2017 | by Liz Farmer | GOVERNING

By Liz Farmer, includes “… Fewer than half of states have the funds they need to weather the economic downturn, and nearly one-third would likely face significant fiscal stress, according to a report released today by Moody’s Analytics. The report conducted the first-ever stress test on all 50 state budgets to assess their ability to absorb a fiscal shock.”

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