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STATE BUDGET DEFICITS
Cumulative state budget deficits for fiscal year 2009 are projected to be $168 Billion despite states having received more than $200 Billion in direct federal "stimulus" assistance. No doubt, a large portion of this shortfall (which equals 24% of expected expenditures) is caused by recession. But lots is also caused by tax policies which have often limited property taxes after voter referendum, made corporate taxes incredibly sensitive to changes in receipts or sales; and in general made state tax revenue much more sensitive to economic downturn. If companies deemed too big to fail must increase capital reserves; then the states should also be required to maintain much higher rainy day (or surplus) funds. This topic covers the latest news and information on state budget deficits.
State Budget Deficits is part of Business Exchange, suggested by
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Erin France reports that the Madison County Library could receive about $1.5 million in Georgia's 2011 state budget -...
Gov. Chris Gregoire is signing the Legislature's new operating budget, which bridged an estimated $2.8 billion deficit...
Chris Gregoire on Tuesday signed a new operating budget that solves an...
Stakeholder and interest group commentary on the State Budget usually happens out the back of Parliament.
...of State Legislatures' (NCSL) ���State Budget...
Augusta State University's expansion plans are staying on course for now after some funding for a new instructional...
Nick Johnson, Director of the Center���s State Fiscal Project, discusses the risk that state budget problems will...
By unanimous vote the Kansas City Council and mayor will lobby the Missouri governor to keep $3 million in the state...
Actfunding on Oregon.State Fiscal Stabilization Funds:The State Fiscal Stabilization...
Recovery Actfunding on Georgia.State Fiscal Stabilization Funds:The State Fiscal...
...this year’s state budget after losing out last year. The budget sent ... financial problems brought about...
...a $650 million budget deficit now, and the anticipated state budget cuts ... cuts are likely to cause even more...
State lawmakers have boasted that their education budget holds public school funding steady -- but don't tell that to...
Delaware wanted to expand sports betting games, in an effort to bring in new revenue for a strapped state budget.
The House of Representatives (DPR) endorsed the draft of the revised 2010 state budget into the revised 2010 state...
...raised the tax on tobacco products to help balance the state budget.
With the state budget out of the way, Missouri ... Bills addressing tax credits, ethics, consolidation of state...
...to help decrease the state budget deficit of $20 ... would be on the formal tax roles, adding heft to revenues...
...fully qualified to help fashion a new state budget.
...fully qualified to help fashion a new state budget.
...the Atlanta region and our state.
Receipts Total Expenditure Revenue Expenditure Capital Expenditure Fiscal Deficit ��� ... of various departments from...
Banner: Marion County schools benefit from final state budget Marion County schools benefit from final state budget
...to believe President Obama would not understand his border policy implementation would not ... larger portion of our...
Top Sources: State Budget Deficits
- publicpolicydialogue.blogspot.com
- coachingtip.blogs.com
- Center on Budget: Comprehensive News Feed
- District Administration: Education News
- Lohud.com: Westchester News
- MRZine.org
- AAEC - Daily Political Cartoons
- Business Standard | Economy & Policy | All
- Diary of an Average Australian
- Kansas City Star: Front Page
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