Volcker Alliance Calls for Truth and Integrity in State Budgeting Practices

Monday, June 8, 2015
The Volcker Alliance

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."

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