One's Observations

A collection of some things I observe along the way.

Retrieving...

"Budget deficits totaling $16 billion have opened in 26 states since their fiscal years began on July 1, forcing governments that began the year in the hole to confront record funding gaps, a study finds."

“An increasing number of states are struggling to keep their 2010 budgets in balance as the mid-point of the fiscal year approaches,” the Center on Budget and Policy Priorities, a Washington, D.C.-based researcher, said today."

"The gaps are in addition to deficits states closed with spending cuts and new taxes in current budgets drawn up earlier this year, the center said. Counting both initial and mid-year shortfalls, 48 states had gaps of $178 billion this year, a record total, the center said in updating a June 29 report that put the total then at $166 billion." (Bloomberg Article)


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