Today is Wednesday, 20th November 2024

Cuts and Tax Hikes in all but 3 States

From the Review Journal:

“We can only wish we had those problems,” said Nevada Senate Taxation Committee Chairman Bob Coffin, D-Las Vegas.

Even if Nevada might be envious of North Carolina’s relatively mild budget woes, the Silver State’s pain is still being felt by the vast majority of states.

The Center on Budget and Policy Priorities, a group that monitors state spending, said in a report last month that 47 states face funding shortfalls that are expected to increase in the fiscal year that begins July 1 and continue into 2011.

Only Wyoming, Montana and North Dakota have been immune to the current recession.

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