It's simple. Decrease taxes and spending, get a good grade. Do the opposite, get a bad grade.
Cato has just released the 2004 version of its Fiscal Policy Report Card on America's Governors.
Here's what the top and bottom of the list looks like:
- This year, four governors receive the grade of A: Arnold Schwarzenegger of California, Craig Benson of New Hampshire, Bill Owens of Colorado, and Judy Martz of Montana.
Four governors receive Fs for their poor performance in dealing with the state fiscal crisis: Bob Holden of Missouri, Bob Taft of Ohio, Edward Rendell of Pennsylvania, and James McGreevey of New Jersey.
Read the whole report here.