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Tag Archives: budget shortfalls

3 States Leading 32 That Are Facing Budget Shortfalls

Friday, January 9, 2009

The US economy and economies around the world are collectively feeling the pinch of a financial market that is in a total mess right now. To emphasize this scope of this crisis I wanted to bring some attention to the individual states of the US. There are presently 32 states that would be two thirds of the states in the union that are facing budget shortfalls for the current fiscal year and for 2010 as well. That to me speaks volumes as to what kind of crisis the economy truly is in right now. (more…)

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Filed in state taxes | Also tagged budget cuts, current fiscal year, economy | Comments (3)