Hawai'i: A Prosperous but Vulnerable State

Autor: Colin D. Moore
Rok vydání: 2017
Předmět:
Zdroj: Moore, Colin D.(2017). Hawai'i: A Prosperous but Vulnerable State. California Journal of Politics and Policy, 9(4). doi: 10.5070/P2cjpp9437346. Retrieved from: http://www.escholarship.org/uc/item/9bk3656n
ISSN: 1944-4370
DOI: 10.5070/p2cjpp9437346
Popis: Author(s): Moore, Colin D. | Abstract: Hawai’i adopted a state budget that authorizes $14.1 billion in spending for the 2018 fiscalyear. Although the state economy has benefited from a robust tourism industry and increasedfederal defense spending, the state’s roads and bridges are in poor repair, and its public employeepension system is underfunded by more than $14 billion. Additionally, the high-speed rail systemthat is currently being built to serve Honolulu—which state taxes support—faces a fundingshortfall of $1.3 billion. Overall, the state’s fiscal condition is reasonably good, but Hawai’i remainsvulnerable to declines in the tourism industry and reduced federal spending.
Databáze: OpenAIRE