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Worst State Budget Years Coming
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Worst state budget years coming
Governors conference hears a lot of news —all bad

BY LIZ SIDOTI The Associated Press

    WASHINGTON — On the recession’s front lines, governors are struggling to chart the road ahead for states staggered by unrelenting joblessness and cut-to-the-bone budgets even as Washington reports signs of economic growth.
    “The worst probably is yet to come,” warned Gov. Jim Douglas, R-Vt., chairman of the National Governors Association, at the group’s meeting Saturday. He called the situation “fairly poor” in most states, adding that it “doesn’t look too good.”
    Such uncertainty weighed heavily over the governors’ weekend meeting even though health care — and how states can address skyrocketing costs — was the intended focus. That’s recognized as one of the biggest issues affecting states’ long-term solvency.
    As the meeting opened, first lady Michelle Obama sought governors’ help in her campaign to tackle childhood obesity, though she acknowledged, “I know that many of you are stretched thinner than ever in these times and don’t actually have money to spare.”
    It’s true.
    States face budget holes totaling $134 billion over the next three years, according to the governors, who explained that tax collections keep declining as Medicaid costs soar. High unemployment persists. States cut 18,000 jobs in January alone and more job losses are anticipated. Because states are required to balance their budgets, shortfalls will be made up by raising taxes or fees or cutting services. ..............>>>>.................>>>>...................http://www.dailygazette.net/De.....r01600&AppName=1
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Shadow
February 21, 2010, 8:31am Report to Moderator
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The dance is over and it's time to pay the fiddler.
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senders
February 21, 2010, 8:43am Report to Moderator
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Or fire the Band of Gumba Gangstas...........


...you are a product of your environment, your environment is a product of your priorities, your priorities are a product of you......

The replacement of morality and conscience with law produces a deadly paradox.


STOP BEING GOOD DEMOCRATS---STOP BEING GOOD REPUBLICANS--START BEING GOOD AMERICANS

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bumblethru
February 21, 2010, 8:39pm Report to Moderator
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Let's see if they can learn to cut spending! Just don't look to me to give you more of my money!! If they do...I'll quit my friggin job and go on welfare!! Gotta recoup my money back somehow! >


When the INSANE are running the ASYLUM
In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. -- Friedrich Nietzsche


“How fortunate for those in power that people never think.”
Adolph Hitler
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