Kim Rueben

BIO
As Senior Research Associate at the Urban Institute Rueben examines issues of state and local public finance focusing on state budget issues, intergovernmental relations, municipal bond markets, capital markets and the economics of education. She is also an adjunct fellow at the Public Policy Institute of California.

LINKS
http://www.urban.org/KimRueben


Washington, DC’s tax revision commission plan

By Kim Rueben  ::  March 21st, 2014

Last year, I had the privilege of serving on the District of Columbia’s Tax Revision Commission, chaired by former mayor Tony Williams. On Monday, the Tax Policy Center will host a panel to discuss our broad-based effort to rework DC’s often unwieldy revenue system. To prepare, I looked more closely at how the personal income […]

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Detroit’s bankruptcy: What does it mean for other cities?

By Kim Rueben  ::  July 19th, 2013

    Detroit filed for Chapter 9 bankruptcy protection yesterday, giving it the dubious distinction of being the largest municipal bankruptcy ever. By doing so, the city has put its future—and that of its citizens, employees, retirees, bondholders, and other creditors– in the hands of a federal judge. How did the Motor City get to […]

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A Tale of Two States

By Kim Rueben  ::  December 21st, 2011

  With apologies to Charles Dickens, I’d like to tell a Tale of Two States. Earlier this month, on December 5, California Governor Jerry Brown and New York Governor Andrew Cuomo both announced that, even though state revenues in general were rebounding, they were both facing budget shortfalls.  This isn’t totally surprising since earlier in […]

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A Peripatetic Journey to Our Fiscal Future

By Kim Rueben  ::  November 29th, 2011

  I spent much of the last couple of weeks travelling around the country to discuss taxes, spending, and the economic future of specific locales.  I started in Westchester NY, where local officials are trying to decide whether to override the state’s new property tax cap to maintain services at current levels.  Some tax increase […]

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The Keystone State Or The Keystone Kops?

By Kim Rueben  ::  October 25th, 2011

Last month I blogged about how the federal and state governments could learn from cities, which seemed to be making the tough choices and balancing their budgets without politicizing every move. This month, alas, I’m honor bound to report that some cities (and states) aren’t above the political fray. Exhibit 1 – Harrisburg. The capital […]

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What Federal and State Governments Can Learn from Cities

By Kim Rueben  ::  September 20th, 2011

As the discussion around federal budget reform gets more heated and political and thoughtful action seems harder to enact, could federal policymakers take a page from cities on how to make tough decisions and put the nation on a better fiscal path?  This idea struck me while attending a meeting sponsored by the German Marshall […]

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Federal Debt Drama and What It Means for State and Local Governments

By Kim Rueben  ::  August 19th, 2011

Financial markets have been on a pretty turbulent roller-coaster following the last minute bargain Congress struck to forestall a debt crisis, S&P’s downgrade of US Treasuries, and economic uncertainty in Europe. Most discussion has focused on national issues but it’s important to ask what this all means for state and local governments. State and local […]

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Employment Numbers Still Grim

By Kim Rueben  ::  July 18th, 2011

Last month, I posted about how cuts in state and local government jobs were offsetting private sector employment growth.  With the release of the June employment figures last week, the story got even bleaker. Job growth in June was a meager 18,000 jobs, and the April and May numbers were also revised downward. Dashing expectations […]

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State and Local Job Cuts Offset Private Sector Gains

By Kim Rueben  ::  June 10th, 2011

The Bureau of Labor Statistics May employment figures, released last week, show that nonfarm payroll employment is basically flat (up by just 54,000 jobs).  These numbers disappoint, since employment gains in the prior three months had averaged 220,000. However, it’s important to understand what’s behind the current stagnation in employment, as the private sector is […]

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