US governors ranked on fiscal policy — here are five best

Published On Oct 16, 2024, 6:00 AM

The Cato Institute's Fiscal Policy Report Card has ranked the governors of U.S. states based on their fiscal responsibility, focusing on tax policies and budget management. Top performers include Iowa's Gov. Kim Reynolds, Nebraska's Gov. Jim Pillen, and West Virginia's Gov. Jim Justice, each promoting significant tax cuts and prudent spending. Conversely, Minnesota's Gov. Tim Walz and several other Democratic governors ranked lowest for their fiscal policies, receiving failing grades.

Read full article

Stock Forecasts

IWBView IWB chart on TradingView

Positive

The rankings suggest that governors who prioritize fiscal responsibility, like Kim Reynolds and Jim Pillen, may help create a favorable business environment. States with fiscally responsible leaders might attract more investments and stabilize tax burdens, which could lead to positive market conditions in those states.

VOOView VOO chart on TradingView

Negative

Conversely, states governed by individuals receiving low scores might encounter economic challenges due to tax increases or spending mismanagement, which could adversely affect businesses and investments in those regions.

Related News

Will Social Security Be There for Millennial and Gen-Z Workers?

Oct 11, 2024, 12:09 PM

Despite fears about long-term solvency, millennials and Gen Z workers have a major stake in the program.

VOO

Amazon and UK government at odds over working from home - who is right?

Sep 21, 2024, 7:51 PM

Amazon is ordering its staff back to the office five days a week, but the UK government is promoting flexible working.

AMZN
VOO