Katherine Barrett

Katherine Barrett is a principal at Barrett and Greene, Inc., and a correspondent and columnist for Governing magazine. Along with Richard Greene, she is the founding author of the B&G Report, and a consultant to the Pew Center on the States.

Recent Articles

State Fiscal Gimmicks: A Budgetary Balancing Act

Phony budget accounting defers the day of reckoning -- but raises costs.

When state legislators and governors talk about the care with which they keep their states fiscally sound, they frequently refer to the mandate that they pass a balanced budget- -- a requirement in all states except Vermont. Every dollar spent is presumably balanced against a dollar coming in. This sounds pretty good in theory. Who could get into fiscal troubles with a system like that?