By Patrick Barkey
UM Bureau for Business & Economic Research 

How Will We Feel The Pain?


It’s been quite a party. But the hangover might be a doozy. After four straight years of trillion-dollar annual budget deficits, the news is dawning on all political parties that the federal budget is long due for serious repair, and that less spending is part of the process. As a state that historically has gotten $1.50 back for every dollar it sends to Washington, what does that future bode for Montana? Will our pain be more or less than other regions?

It is not just communities like Great Falls, home to Malmstrom Air Force Base, where the federal government presence in our state is fel...

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