Recently, I made two appearances on the two Fox News Channels discussing the state’s budget crisis. In December, I appeared on the Fox Business Network discussing the overall problem and the possibility of state infrastructure work being shut down. That interview can view be viewed here.

This week, I appeared on the Fox News Channel with Neil Cavuto once again discussing the budget and the possibility of IOU’s being issues to taxpayers to pay income tax refunds. A truly frightening proposition, but one which carries a lesson to all of those who think that a big tax refund from the state is a good thing.

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