What fiscal approach is Daniels known for as Governor?
Deficit spending
Austerity Measures
Printing money
Raised taxes
Answer
Austerity measures refer to policies aimed at reducing government spending and increasing revenue to achieve a balanced budget, often during challenging economic periods. In the context of Daniels's tenure as Governor, he implemented various austerity measures to address budget shortfalls and manage state finances. These measures included cuts to public spending, such as education and social services, as well as efforts to increase revenue through tax adjustments.
Purdue University President Extraordinaire: The Unstoppable Mitch Daniels
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