FrankRep
12-09-2010, 01:26 PM
http://www.kochsoft.com/tna/logo.png (http://www.thenewamerican.com/)
The New American Magazine on Facebook (http://www.facebook.com/pages/The-New-American-Magazine/146909368666979)
With all the attention being focused on extending the “Bush tax cuts,” granting additional unemployment benefits, and the arrival of newly-minted Congressional representatives and senators, a major piece of the fiscal puzzle has been ignored altogether: states’ increasingly pressured budgets for next year. As noted by the Center on Budget and Policy Priorities (CBPP), the Great Recession “has caused the steepest decline in state tax receipts on record.” by Bob Adelmann
States' Budget Shortfalls: Pressure From Above, Pressure from Below (http://thenewamerican.com/index.php/economy/commentary-mainmenu-43/5456-states-budget-shortfalls-pressure-from-above-pressure-from-below)
Bob Adelmann | The New American (http://www.thenewamerican.com/)
09 December 2010
The New American Magazine on Facebook (http://www.facebook.com/pages/The-New-American-Magazine/146909368666979)
With all the attention being focused on extending the “Bush tax cuts,” granting additional unemployment benefits, and the arrival of newly-minted Congressional representatives and senators, a major piece of the fiscal puzzle has been ignored altogether: states’ increasingly pressured budgets for next year. As noted by the Center on Budget and Policy Priorities (CBPP), the Great Recession “has caused the steepest decline in state tax receipts on record.” by Bob Adelmann
States' Budget Shortfalls: Pressure From Above, Pressure from Below (http://thenewamerican.com/index.php/economy/commentary-mainmenu-43/5456-states-budget-shortfalls-pressure-from-above-pressure-from-below)
Bob Adelmann | The New American (http://www.thenewamerican.com/)
09 December 2010