Did you hear about the Republican budget? Photographer: Chip Somodevilla/Getty Images
Did you hear about the Republican budget? Photographer: Chip Somodevilla/Getty Images

The state revenue data matter. Among other things, it's a sign that better times really may be on their way.

What didn't matter? I'll go with the House Republican budget. Hey, I'm willing to give them credit for trying -- unlike the Senate. But it's not going to have any substantive effect.

What do you have? What do you think mattered this week?

This column does not necessarily reflect the opinion of Bloomberg View's editorial board or Bloomberg LP, its owners and investors.

(Jonathan Bernstein covers U.S. politics for Bloomberg View.He is co-editor of "The Making of the Presidential Candidates 2012."Follow him onTwitter at @JBPlainblog.)

To contact the author on this story:
Jonathan Bernstein at jbernstein62@bloomberg.net