State budgets are in trouble across the country. What can policy-makers do to reform their processes and reduce their spending and deficits? Mercatus’s Daniel Rothschild joins us to discuss his new Mercatus On Policy, Eleven Ideas for State Legislatures in 2011, and details the most important reforms states should consider.

Daniel Rothschild is the managing director of the Mercatus Center’s State and Local Policy Project, where he coordinates Mercatus’s research on state and local economic policy and directs the Gulf Coast Recovery Project.