criticised. Opposition is always against the government." The conflict with Pawar was triggered during the...
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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.
The Cook Report���s Charlie Cook and msnbc political analyst Eugene Robinson talk about the state budget crises...
While the state budget agreement reached Sunday has Albany lawmakers dancing in the halls of the Capitol, Mayor Michael...
Gov. Cuomo is sealing a deal with lawmakers on a tentative state budget that would be historic for its spending cuts...
Gov. Andrew Cuomo and top New York legislators reached an aggreement on the 2011-2012 state budget late Sunday.
on Monday dismissed the budget agreement reached in Albany over the weekend as an ���outrage,��� saying that it was...
PERHAPS state budget get so ���little scrutiny��� because they are so boring, said Bill Gates in his speech at TED , a...
Mayor Michael R. Bloomberg on Monday dismissed the budget agreement reached in Albany over the weekend as an...
It is difficult for me to decide what approach to Maryland's budget morass is worthy of more derision: the histrionics...
New York governor Andrew Cuomo is sealing a deal with lawmakers on a tentative state budget that would be historic for...
about $20 billion. But for school districts that relied on federal stimulus dollars, which have dried up, the state...
An agreement reached between Gov. Andrew Cuomo and New York state lawmakers suggests that a state budget may pass...
Bloomberg LP, owner of Bloomberg News. Medicaid and aid to local schools, the two biggest parts of the state budget,...
$10 billion deficit would be closed without new taxes Spending would be cut by 2% Education, human services,...
Gov. Andrew Cuomo said the tentative $132.5 billion state budget deal he struck with legislative leaders Sunday was...
ALBANY, N.Y. Gov. Andrew Cuomo is sealing a deal with the Legislature on a tentative state budget that would be...
ALBANY, N.Y. -- Gov. Andrew Cuomo is sealing a deal with the Legislature on a tentative state budget that would be...
Beach, Queens, is one of 105�� senior centers that New York City recently marked for closing because of state budget...
quietly and deferentially exercising some clout on the only piece of legislation that absolutely has to pass: the state...
Costco is making another run at getting the state out of the liquor business after failing at the polls with Initiative...
LIFO lives on -- for now. The new state budget being crafted by Gov. Cuomo and the Legislature omits Mayor Bloomberg's...
A bill requested by Gov. Chris Gregoire that would enhance safety for state prison guards will cost an additional $11...
s wealth "translates into a high ability to pay taxes but might also contribute to potential revenue volatility.
? Gov. Andrew M. Cuomo and the leaders of the State Legislature flirted with an agreement on the state budget on...
squat one-story brick building, was one of 105 senior centers that the city marked for closing because 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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