NEW YORK, Jan. 9, 2014 /PRNewswire-USNewswire/ -- On Tuesday, January 14, 2014 at 11:00 a.m., former Lt. Governor of New York Richard Ravitch and Paul A. Volcker, former Chairman of the Board of Governors of the US Federal Reserve System, will present the Final Report of the State Budget Crisis Task Force. An embargoed copy of the Report is available on Friday, January 10 at 10:00 a.m. EDT. Media availability with Volcker and Ravitch will follow.
The Report is the culmination of three years of research, analysis, debate and deliberation resulting in Task Force recommendations on budgeting, financial reporting and more robust oversight of issuers of municipal and state bonds.
WHAT: Final Report of the State Budget Crisis Task Force
WHERE: Rayburn House Office Building Room B340
WHEN: Tuesday, January 14, 2014
TIME: 11:00 a.m.
Please send Report requests to Kate Philips, firstname.lastname@example.org.
The 2012 Report of the State Budget Crisis Task Force (www.statebudgetcrisis.org) drew national attention to the eroding fiscal condition of states. To address the declining fiscal condition of states, over the past several months the Task Force hosted four National Dialogues focusing on the most urgent areas of concern including: Transportation Infrastructure, Pensions, Medicaid and Federalism. Each Dialogue convened experts to discuss options for new organizational structures, consultative processes, or legislative mechanisms that can promote a cooperative approach between the federal and state governments to solving these challenges.
Paul A. Volcker
Nicholas F. Brady
Joseph A. Califano, Jr.
Phillip L. Clay
Richard P. Nathan
Alice M. Rivlin
Marc V. Shaw
George P. Shultz
Contact: Kate Philips
SOURCE State Budget Crisis Task Force