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Time to Rethink the Rainy Day Funds

Public Assets Institute - - 9:43 am Fri Apr 15th, 2011

In his budget address in January, Gov. Peter Shumlin urged the Legislature to increase the state's reserves as soon as the economy improves and Vermont can start saving again. He's on the right track.

This recent recession has shown that Vermont's rainy day funds are not adequate to respond to a serious economic collapse.

Read the whole story in the Public Assets Institute - :

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Montpelier, VT 05602 (Set as Local)

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