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Raymond Scheppach

Contributor

Raymond Scheppach, who retired in 2011 after 29 years as executive director of the National Governors Association, is a professor of public policy at the University of Virginia's Batten School of Leadership and Public Policy, an Economic Fellow at the university's Miller Center, and project director for the National Commission on Financing 21st Century Higher Education.

Before joining the NGA, Scheppach spent seven years at the Congressional Budget Office, serving as deputy director for the last two years. From 2013 to 2014, he was the project director for the State Health Care Cost Containment Commission and is a co-author of the commission's report, "Cracking the Code on Health Care Costs." He received his Ph.D. in economics from the University of Connecticut in 1970.

As they rebuild their education, health-care and tax systems after the devastation of COVID-19, they can take important steps that can significantly narrow income and wealth disparities.
Without funding to offset plunging revenues and exploding health-care spending, the downturn will be deeper and recovery will take longer. Now is the time for state and local leaders to make their case.
As Congress considers further financial help for victims of the coronavirus pandemic, the magnitude of the fiscal crisis that governors and their states will have to face is just starting to emerge.
Today's state revenue surpluses are an opportunity to prepare for the next downturn by investing in education and talent.