{"pk":46836,"title":"Hawai'i: A Prosperous but Vulnerable State","subtitle":null,"abstract":"Hawai’i adopted a state budget that authorizes $14.1 billion in spending for the 2018 fiscalyear. Although the state economy has benefited from a robust tourism industry and increasedfederal defense spending, the state’s roads and bridges are in poor repair, and its public employeepension system is underfunded by more than $14 billion. Additionally, the high-speed rail systemthat is currently being built to serve Honolulu—which state taxes support—faces a fundingshortfall of $1.3 billion. Overall, the state’s fiscal condition is reasonably good, but Hawai’i remainsvulnerable to declines in the tourism industry and reduced federal spending.","language":"en","license":null,"keywords":[{"word":"state government"},{"word":"budget"},{"word":"fiscal policy"},{"word":"taxes"}],"section":"Articles","is_remote":true,"remote_url":"https://escholarship.org/uc/item/9bk3656n","frozenauthors":[{"first_name":"Colin","middle_name":"D.","last_name":"Moore","name_suffix":"","institution":"University of Hawai'i","department":"None"}],"date_submitted":"2017-12-19T14:02:31-08:00","date_accepted":"2017-12-19T14:02:31-08:00","date_published":"2016-12-31T16:00:00-08:00","render_galley":null,"galleys":[{"label":"","type":"pdf","path":"https://journalpub.escholarship.org/cjpp/article/46836/galley/35417/download/"}]}