California Journal of Politics and Policy

What to do with a windfall? That question loomed large in Wyoming’s 2023 general legislative session, after a 2022 budget session focused on revenue shortfalls and budget reductions.  As such, Wyoming’s rich history of “boom-and-bust” economics continues, albeit with increasing skepticism among the state’s elected officials.  The 2023 legislative session saw notable new spending in areas such as property tax relief and public employee wages but also produced significant financial investment in many of Wyoming’s “rainy day” funds.