Three GOP Hopefuls Face Budget Problems at Home

Wall Street Journal: “Louisiana Gov. Bobby Jindal must respond to falling tax revenues as lower oil prices hit his energy-dependent state. New Jersey Gov. Chris Christie is trying to stabilize state finances amid ballooning pension costs and credit downgrades. Wisconsin Gov. Scott Walker is navigating a less-severe revenue shortfall after cutting taxes in recent years.”

“How the governors handle budget problems could bolster their reputations among Republican voters in early primary states, who tend to favor spending curbs and smaller government. But the opportunity comes with the risk of pitched battles at home as the race for the GOP nomination picks up.”