Dr. Mike Walden, William Neal Reynolds Distinguished Professor Emeritus at N.C. State University, on why North Carolina cities and towns are facing growing budget deficits

Dr. Mike Walden, William Neal Reynolds Distinguished Professor Emeritus at North Carolina State University and president of Walden Economic Consulting, joins Tony to discuss why municipalities across North Carolina are seeing budget deficits ranging from millions to billions of dollars and whether the trend is likely to spread to other communities.