The Cato Institute has released its much-anticipated 2024 Fiscal Report Card on America’s Governors, and the results are both revealing and polarizing. Iowa Governor Kim Reynolds earned the highest score for her fiscal policies, while Minnesota’s Tim Walz found himself at the bottom of the rankings. This report scrutinizes the fiscal record of each governor, analyzing critical areas such as taxation, government spending, school choice, business subsidies, and state debt.
Reynolds’ top score highlights her commitment to conservative fiscal policies, which have prioritized tax cuts, limited government spending, and promoting school choice. On the other hand, Walz’s low ranking reflects policies characterized by higher taxes, increased spending, and significant government intervention in business. These rankings not only showcase the broad range of fiscal philosophies across the country but also emphasize the financial challenges many states are grappling with as they navigate economic uncertainties.
As fiscal responsibility becomes an increasingly urgent issue, this report provides a crucial insight into how state leadership can impact everything from public education to economic growth.
Source:
www.cato.org/white-paper/fiscal-policy-report-card-americas-governors-2024#introduction