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Responsible state fiscal policy requires more than just balancing the current year’s budget. It must also include ensuring that the budget is on a sustainable path. Otherwise, policymakers cannot have the lasting impact they hope for. This risk is especially high in the aftermath of the COVID-19 pandemic. Record budget surpluses, driven largely by federal pandemic aid, empowered states to adopt historically large tax cuts and spending increases from 2021 to 2023.
State leaders must be able to assess whether their decisions will be affordable over the long term or will jeopardize their ability to solve state problems or even sustain programs and services in the future. Unfortunately, the nature of state budget processes discourages such long-term thinking. State policymakers devote much of their time to developing, enacting, and implementing annual or biennial budgets, a prime opportunity to achieve immediate policy goals.
One key strategy for changing this short-term focus is for states to use long-term budget assessments and budget stress tests to regularly measure risks, anticipate potential shortfalls, and identify ways to address impending challenges. Long-term budget assessments project revenue and spending several years into the future, and stress tests estimate the size of temporary budget shortfalls that would result from recessions or other economic events and gauge whether states are prepared for these events.
Internet: <https://www.pewtrusts.org> (adapted).
Considering the ideas conveyed in the previous text, as well as its linguistic aspects, judge the following items.
It is correct to conclude from the text that long-term budget assessments and stress tests are two crucial tools for states that seek to establish more than a short-term approach to their budgets.
Responsible state fiscal policy requires more than just balancing the current year’s budget. It must also include ensuring that the budget is on a sustainable path. Otherwise, policymakers cannot have the lasting impact they hope for. This risk is especially high in the aftermath of the COVID-19 pandemic. Record budget surpluses, driven largely by federal pandemic aid, empowered states to adopt historically large tax cuts and spending increases from 2021 to 2023.
State leaders must be able to assess whether their decisions will be affordable over the long term or will jeopardize their ability to solve state problems or even sustain programs and services in the future. Unfortunately, the nature of state budget processes discourages such long-term thinking. State policymakers devote much of their time to developing, enacting, and implementing annual or biennial budgets, a prime opportunity to achieve immediate policy goals.
One key strategy for changing this short-term focus is for states to use long-term budget assessments and budget stress tests to regularly measure risks, anticipate potential shortfalls, and identify ways to address impending challenges. Long-term budget assessments project revenue and spending several years into the future, and stress tests estimate the size of temporary budget shortfalls that would result from recessions or other economic events and gauge whether states are prepared for these events.
Internet: <https://www.pewtrusts.org> (adapted).
Considering the ideas conveyed in the previous text, as well as its linguistic aspects, judge the following items.
It is correct to conclude from the text that long-term budget assessments and stress tests are two crucial tools for states that seek to establish more than a short-term approach to their budgets.
O texto apresenta avaliações de longo prazo e testes de estresse como estratégia-chave contra a visão de curto prazo.
O último parágrafo diz que 'one key strategy for changing this short-term focus' é usar avaliações orçamentárias de longo prazo e testes de estresse. Logo, é correto concluir que são ferramentas cruciais para os estados que buscam ir além de uma abordagem de curto prazo.
Análise das alternativas
Certo: correta, pois está de acordo com o terceiro parágrafo. Errado: incorreta, pois contraria o texto.
Referência: Interpretação de texto em inglês.
Resolução comentada do VaiConcursos.