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deficit spending

Peterson: How to fix Wyoming’s revenue struggles

in Government spending/Column/Taxes
Wyoming Government spending

Wyoming, by our state’s constitution, must have a balanced budget. Some would argue that we do not deficit spend in Wyoming while others would argue that we use the reserves to balance the budget which is, in a sense, deficit spending. From my own simple understanding, when we spend more in a period than we take in, it is deficit spending.

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