Saturday, April 8, 2017

Rainy-day fund could stabilize NU for Nebraska - GALEN HADLEY, Nebraska View

The state of Nebraska is clearly facing fiscal challenges. The Legislature is required to balance the budget by adding taxes, cutting spending or using other management tools. There are no easy choices. Conservative states like ours generally focus on scaling back spending, but that approach can cause significant disruption for education, where 80 percent of budgets are directed toward people. And when it comes to higher education, cuts in state funding often result in new taxes in the form of tuition increases for students and families, who are working hard to pay for a college degree.

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