The Institute for Policy Research
at Northwestern University


State Budgets or Busts? The Challenges of Funding Medicaid, Pensions, and K-12 Education

Speakers:

“K-12 Education and States' Shifting Responsibilities”
by Therese McGuire

Therese McGuire is ConAgra Foods Research Professor at the Kellogg School of Management and a faculty fellow at the Institute for Policy Research at Northwestern University. Her areas of expertise include state and local public finance, fiscal decentralization, property tax limitations, education finance, state tax reform, and regional economic development. She is a past president of the National Tax Association (NTA) and is currently editor of the NTA's National Tax Journal. Previously a professor and associate director of the Institute of Government and Public Affairs at the University of Illinois at Urbana-Champaign, McGuire received her PhD in economics from Princeton University.

 


 

“The Impact of Pension Funding Demands on State Budgets”
by J. Fred Giertz

J. Fred Giertz is a professor of economics and member of the Institute of Government and Public Affairs at the University of Illinois at Urbana-Champaign, a position he has held since 1980. His research interests include public finance, public choice, and regional economic development, and he specializes in state and local taxation and expenditure analysis and in regional economic development issue. He writes frequently on Illinois budget issues in State Tax Notes and Central Illinois Business Magazine and compiles the U of I Flash Index, a monthly indicator of the state economy. He is executive director of the National Tax Association and received his PhD in economics from Northwestern University.

 

 


 

“Medicaid, State Budgets, and the Challenges of Fiscal Federalism”
by David Merriman

David Merriman is a professor of economics at Loyola University Chicago's School of Business Administration and holds an adjunct appointment at the Institute of Government and Public Affairs of the University of Illinois at Urbana-Champaign. He has also been a senior research associate for the Urban Institute's Assessing the New Federalism project. Merriman specializes in state and local public finance. His past research has included studies of differing rates of healthcare expenditure growth across states, state fiscal responses to business cycles, Cook County property taxes, and the impact of cigarette tax increases on state revenues. He received his PhD in economics from the University of Wisconsin-Madison.

 


 

Closing Remarks
by R. Eden Martin

R. Eden Martin, a graduate of Harvard Law School, is the former chairman of the management committee of the international law firm Sidley Austin. Currently of counsel to Sidley, he is president of The Commercial Club of Chicago and of its Civic Committee. He is a member of the board of trustees of Northwestern University and is former chairman of the boards of trustees of the Chicago History Museum, Ravinia Festival, and United Way of Metropolitan Chicago.