Contributors
Founder and Chair – LMFC
Vice Chair – LMFC
President and CEO – The Bank of Northern Michigan
SVP of Shared Services - LMFC
Senior Vice President, Traverse City Market Manager

With their States deeply in debt and experiencing revenue challenges, most governors will have to either raise taxes, cut expenses, or both.  Some believe a recession is a poor time for these solutions but changes will need to be made in order to deal with these structural fiscal issues.  This article discusses the politics behind this challenging situation.

Read "Dire States" from The Atlantic.


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