Out of Control Policy Blog

State Budget Deficits in Perspective

Following up on my Tuesday post on worsening state budget deficits, Stateline.org offers a comparison of deficits in the current and previous (post-9/11) recession that illustrates the scale of the fiscal crunch states have been and will continue to face:

As I write here, states are going to need to embrace some fundamental budgeting and spending reforms to weather the fiscal storm.

Leonard Gilroy is Director of Government Reform

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Comments to "State Budget Deficits in Perspective":

Kaya B. | July 24, 2009, 12:48am | #

Budget deficit should be taken enough attention by officials because it may indicate something that could affect everything. Even at home, budgeting is very difficult especially in times like this that we have to keep tight fist on money. A loan until payday, or a payday loan, as it were, to tide you over for the expenses you still have to meet might come in handy sometimes. Payday loans are loans until payday – duh – short term, and in small amounts that you'd normally pay back on your next payday. Simple enough, right? Furthermore, if you need your funds fast, and don't want to use credit cards, lenders can use direct deposit and give instant approval to get you a loan until payday.

China Car Service | July 24, 2009, 6:06am | #

Excellent blog post, Great work keep it up!

Debt management plan | July 24, 2009, 7:55am | #

Obviously the state deficit affects life of every individual residing in the state henceforth its a responsibility of every individual to take care of it.


Debt management plan

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