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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 Daniel Levine. This topic contains 701 news and 1,232 blog items. Read updated news, blogs, and resources about State Budget Deficits. Find user-submitted articles and reactions on State Budget Deficits from like-minded professionals.

Blogs

Recent blog posts on this topic.

How deep will cuts in government service go?more

"Localities have chopped 535,000 positions since September 2008..." USA Today (10/18) Cuts in government...

Library expansion awaits state budget OKmore

Erin France reports that the Madison County Library could receive about $1.5 million in Georgia's 2011 state budget -...

WA: Wash. gov to sign new state budgetmore

Gov. Chris Gregoire is signing the Legislature's new operating budget, which bridged an estimated $2.8 billion deficit...

Wash. governor signs new state budget into lawmore

Chris Gregoire on Tuesday signed a new operating budget that solves an...

The State Budget in summarymore

Stakeholder and interest group commentary on the State Budget usually happens out the back of Parliament.

State Budget Update: Showing Small Signs of Progressmore

...of State Legislatures' (NCSL) ���State Budget...

GA: ASU expansion plans kept in state budgetmore

Augusta State University's expansion plans are staying on course for now after some funding for a new instructional...

Podcast: State Budget Cuts Put Education Reforms at Riskmore

Nick Johnson, Director of the Center���s State Fiscal Project, discusses the risk that state budget problems will...

Bus Benefit Drawn in State Budgetmore

By unanimous vote the Kansas City Council and mayor will lobby the Missouri governor to keep $3 million in the state...

Oregon Impact of President Obama's Economic Policiesmore

Actfunding on Oregon.State Fiscal Stabilization Funds:The State Fiscal Stabilization...

Georgia Impact of President Obama's Economic Policiesmore

Recovery Actfunding on Georgia.State Fiscal Stabilization Funds:The State Fiscal...

KC transit in line for $3 million in just-passed state budgetmore

...this year’s state budget after losing out last year. The budget sent ... financial problems brought about...

LAUSD Might Get an $8.6 Million Discount on its LADWP Billmore

...a $650 million budget deficit now, and the anticipated state budget cuts ... cuts are likely to cause even more...

FL: Schools say lawmakers boasts over state budget won't save cutsmore

State lawmakers have boasted that their education budget holds public school funding steady -- but don't tell that to...

Supreme Court turns back Delaware bid to expand sports bettingmore

Delaware wanted to expand sports betting games, in an effort to bring in new revenue for a strapped state budget.

House endorses draft revised 2010 state budgetmore

The House of Representatives (DPR) endorsed the draft of the revised 2010 state budget into the revised 2010 state...

With Tax Hike, More Smokers Expected to Quitmore

...raised the tax on tobacco products to help balance the state budget.

Missouri Lawmakers Wrap up Bills in Final Weeksmore

With the state budget out of the way, Missouri ... Bills addressing tax credits, ethics, consolidation of state...

Nathan Gardels: An Immigration Solution -- The Exact Opposite of...more

...to help decrease the state budget deficit of $20 ... would be on the formal tax roles, adding heft to revenues...

Dan Walters: State fiscal plan mostly just wishesmore

...fully qualified to help fashion a new state budget.

Dan Walters: State fiscal plan mostly just wishesmore

...fully qualified to help fashion a new state budget.

State budget: Lean governance will keep us afloatmore

...the Atlanta region and our state.

budhig10emore

Receipts Total Expenditure Revenue Expenditure Capital Expenditure Fiscal Deficit ��� ... of various departments from...

Banner: Marion County schools benefit from final state budget Marion.....more

Banner: Marion County schools benefit from final state budget Marion County schools benefit from final state budget

Boycott Arizona: Go ahead, make my day���more

...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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