This groundbreaking report, Promises with a Price, provides first-of-its-kind data about the long-term costs of public sector benefits. It highlights which states are prepared to pay the significant bill coming due, which are not, and why it matters to state lawmakers and citizens alike.
States’ fiscal health depends greatly on policy makers’ ability to wisely manage their bills coming due—and The Pew Charitable Trusts’ Center on the States (PCS) is tracking their efforts across a range of issues. For instance, last year we published a report on states’ efforts to rein in ballooning Medicaid costs while ensuring high-quality health care for citizens in need. This year we issued a 50-state assessment forecasting that, without data-driven policy reforms, many states will see significant growth in their prison populations and corrections spending in the next five years.
Equally important is whether states have the right policies in place to be competitive in a global, 21st-Century economy.