Volcker Alliance Calls for Truth and Integrity in State Budgeting Practices
In New Report, The Volcker Alliance Examines Budgeting Practices of California, New Jersey and Virginia; Aims to Find Common Approach for Responsible Budget Practices in all 50 States
New York, NY (June 8, 2015) - The Volcker Alliance, a nonpartisan, nonprofit organization founded by former Federal Reserve Board Chairman Paul A. Volcker to address the challenge of effective execution of public policies and rebuild public trust in government, released today a preliminary report examining in detail the budgeting practices of California, New Jersey and Virginia. The report highlights the need for effective and transparent state budgeting practices by “shining a spotlight on opaque and confusing practices and by identifying more appropriate approaches."
