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Book Excerpt: Volcker Alliance Board Member Ravitch on Sound Budgeting
Governing
![](/sites/default/files/styles/full_xs/public/images/2017.3.21_Blog_Cheaper-Isn%E2%80%99t-Necessarily-Better-for-Government-Purchasing.jpg?h=82f92a78&itok=GzL_6YM3)
In several excerpts from his memoir “So Much to Do: A Full Life of Business, Politics, and Confronting Fiscal Crises,” Alliance Board Member Richard Ravitch discussed his experience as New York’s Lieutenant Governor and how state budgets too often transfer today’s costs onto tomorrow’s taxpayers.
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