accountsave money can, on further inspection, cost more. Family planning, for instance. The House amended the two-year 2012-13...
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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.
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Recent news on this topic.
A report by legislative staff recommended improvements to the agency including increased oversight and better...
save money can, on further inspection, cost more. Family planning, for instance. The House amended the two-year 2012-13...
Arizona Governor Jan Brewer has restored funding for transplants as part of the new state budget, officials said on...
mandated by the Legislature. A recommended improvements to the agency including increased oversight and better...
AUSTIN, Tex. It is hard to overstate the budget-cutting furor that has gripped lawmakers in this capital, where the...
had asked that additional funds they had worked to secure for the county schools in next year's state budget go to...
project because we simply don't know what the final outcome will be." Brian Sigritz, director of state fiscal...
as a paragon of activist government and liberal principle, has so far adopted . He won passage of a state budget that...
Massive crowds expected to swarm the first public hearing on Republican Gov. Scott Walker's state budget proposal...
A House committee has approved the Democratic majority's state budget proposal aimed at closing an estimated $5 billion...
Extract not available.
growth of Latinos and Asians. This shift forms the backdrop as Republicans and Democrats play chicken with the state...
Hundreds of people rallied in the state Capitol Wednesday afternoon to urge lawmakers to close corporate tax loopholes...
A Wisconsin state Supreme Court race, which could affect the outcome of Republican Gov. Scott Walker's battle with...
2010 election. Many observers give him credit for lifting the level of dialogue in Sacramento, especially concerning...
as a paragon of activist government and liberal principle, has so far adopted . He won passage of a state budget that...
A Wisconsin State Supreme Court race with implications for Republican Gov. Scott Walker and his battle with unions...
Republican lawmakers in the House are offering an alternative state budget proposal for the next two years that...
Minister B.S. Yeddyurappa on Tuesday said the Government Orders for implementation of various schemes announced in the...
at the end of the fiscal year on June 30. That date also is the deadline for the state budget. to be approved. .
Tea Party Patriots yesterday praised Cuomo for slashing spending and holding the line on taxes in the just-approved...
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2011 /PRNewswire-USNewswire/ ��� As the Idaho legislative session heads into the home stretch, Idahoans are headed...
It all comes down to timing, said Scott D. Pattison, the executive director of the National Association of State Budget...
Top Sources: State Budget Deficits
- bloomberg.com
- ihavenet.com
- money.cnn.com
- BusinessWeek
- statesmanjournal.com
- publicpolicydialogue.blogspot.com
- CNN Money
- Wall Street Journal Online
- trendpov.com
- tanmaygopal.blogspot.com
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