![State Surpluses Spark Debate On Tax Cuts, Spending](http://townsquare.media/site/36/files/2012/11/Louisiana-State-Capitol-Photo-by-Chris-GraythenGetty-Images.jpg?w=980&q=75)
State Surpluses Spark Debate On Tax Cuts, Spending
As they open their legislative sessions, politicians in many states are facing a pleasant election-year challenge: What to do with all the extra money?
A slow but steady economic recovery is generating more tax revenue than many states had anticipated. That means governors and lawmakers must decide whether to use it to cut taxes, boost spending or save more.
The debate could unfold along partisan lines, with Republicans pushing for deeper tax cuts and Democrats seeking to spend more on education and social services. But clashes have arisen even within the same party.
Some economists and budget analysts are urging caution. They say the surpluses are partially the result of a surging stock market and one-time events and may not be sustainable in the long run.
More From News Talk 96.5 KPEL
![Shouting Match Erupts in Baton Rouge as Louisiana State Senators Battle Over Bill](http://townsquare.media/site/33/files/2020/05/Baton-Rouge.jpg?w=980&q=75)
![What Happened To The Inflation Reduction Act? – The Joe Cunningham Show](http://townsquare.media/site/36/files/2021/03/Chuck-Schumer-Youtube-via-Fox-News.jpg?w=980&q=75)
![Lafayette Lawmaker Proposes Basin Bridge Commission, Police](http://townsquare.media/site/29/files/2019/08/IMG_7730-e1566081455884.jpg?w=980&q=75)
![Halloween Spending On the Rise in 2020](http://townsquare.media/site/182/files/2020/10/RS12211_469057320.jpg?w=980&q=75)
![Millions Are Spending More Money During Coronavirus Pandemic](http://townsquare.media/site/241/files/2017/08/ThinkstockPhotos-636307148.jpg?w=980&q=75)
![Valentine’s Spending Expected to Shatter Records](http://townsquare.media/site/33/files/2012/02/romance-food.jpg?w=980&q=75)
![Note to Clay Schexnayder and Page Cortez: Shreveport Bossier Needs to Be Represented](http://townsquare.media/site/180/files/2019/05/Capitol.jpg?w=980&q=75)
![Holiday Spending to Grow This Year](http://townsquare.media/site/180/files/2019/05/Money-1.jpg?w=980&q=75)
![Average Person Spends Almost $100K on Christmas in Their Lifetime](http://townsquare.media/site/33/files/2018/11/RS12573_10067750001.jpg?w=980&q=75)