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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.
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Read updated news, blogs, and resources about State Budget Deficits. Find user-submitted articles and reactions on State Budget Deficits from
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Due to state budget cuts, the University of Washington's next president will lead an institution that is much more...
M. Jodi Rell is close to reaching a budget deal with Democratic...
The Public Policy Institute of California conducted a poll earlier this week to gauge how ... to public schools believe...
...are facing a protracted budget crisis, like ... The long climb toward recovery of state fiscal health
...branch positions paid for by the state budget, 1...
...a balanced approach to fixing our state budget, or...
Democratic Rural Conference, Pedro Espada, Jr., Kevin Parker, the (non) state budget, a new deputy mayor and all the...
Mark Parkinson who must balance the state budget.
State Rep. Stephen Dargan, a ... says��the legislature will not reach a budget deal before
Pa. state budget gap grew in April...
The Missouri General Assembly on Thursday passed a $23.3 billion state budget for next year, eight days ahead of its...
Gov. Bill Ritter signed a $20 billion budget law Thursday for the fiscal year beginning on July 1.
ALBANY -- Press zero -- as in no money -- for a voice mail system at the state Insurance Department.
...deeper cuts to the state budget.In an e-mail sent to every state agency this week, Budget Director...
Beverly Perdue unveiled a budget-adjustment proposal for the coming...
He said such a cut would mean the prosecution of fewer criminals.
...says he would tackle the state's budget crisis in the ... s budget crisis, including a projected deficit of more...
Street, will not support the state budget that may ... county to allocate either a penny or fraction of a penny from...
In the proposed state budget he unveiled last...
Wednesday will be an intense one day work session to primarily hammer out final details on the state's budget...
Solutions abound, but many doubt Lansing is capable of coming to an agreement.
Not only is there no source of jobs looking ahead, there is a potential massive source of lost jobs from state budget...
The municipal budget crisis currently striking the largest states in America is about to enter its worst phase.
Top Sources: State Budget Deficits
- publicpolicydialogue.blogspot.com
- coachingtip.blogs.com
- Center on Budget: Comprehensive News Feed
- Local News
- District Administration: Education News
- Lohud.com: Westchester News
- Money & Company
- MRZine.org
- AAEC - Daily Political Cartoons
- Business Standard | Economy & Policy | All
