Your state's budget might seem like a distant, complex document, but it directly impacts the schools, roads, and services you use every day. We'll break down how these massive financial plans are made and why recent changes, like those in New Jersey, can ripple through your local community.
State budgets are trending because many states, like New Jersey, are facing tough financial choices post-pandemic boom.
After a period of increased federal aid and strong tax revenues, many states are now seeing slower growth or even deficits.