Get Emily’s RSS Feed12:00 AM 03/09/2010
No easy solution is available in the state budget office’s toolbox to prevent legislators from having to make some difficult and unpopular decisions this year. Across the country, state legislators blame decreased tax revenues as the cause of their budget woes, but in fact the recession has illuminated the underlying problem of state spending increases funded by debt and accounting gimmicks rather than real revenue. (more)
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