News Stories Related To: State Bailouts? 41 of 50 States face shortfall next year! What is next?
By: jmsjoin 
North Carolina has finally had to rein in state government spending to narrow a budget shortfall, a year after many other states began feeling the nation's economic crunch. Outgoing...
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Reported by James Joiner
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- News Source: The News & Observer | 11 months agoGov. Mike Easley is on the road this week, but he won't say exactly why. Easley took a state jet to Philadelphia yesterday for an economic summit with President-elect Barack Obama and other governors. According to publicly available flight records,...
- News Source: Lexington Herald-Leader | 11 months agoThe nation's governors got to work on Tuesday, taking their case to the president-elect for a $136 billion infrastructure spending program that they hope will funnel immediate government money toward bridges, roads and rail lines in the hopes of...
- News Source: Charlotte Observer Online | 11 months agoNorth Carolina Gov.-elect Beverly Perdue says Barack Obama is speaking her kind of language when it comes to an economic recovery plan. Perdue was on hand Tuesday as the president-elect spoke to current and soon-to-be governors in Philadelphia. Obama...
- News Source: International Business Times | 11 months agoA worsening economy has left lawmakers averse to raising taxes, so areas that had been protected will be on the table when legislators return to Richmond in January to craft a state spending plan, Senate Finance Committee Chairman Charles Colgan and...
- News Source: Uinta County News | 11 months agoKey legislators say funding for public education and health care will not be immune from budget cuts when lawmakers return to Richmond in January to work on a state spending plan in the face of a worsening economy...Phil Hamilton told reporters and...
- News Source: Kansas City Star | 11 months agoThe budget adviser for Gov.-elect Jay Nixon said Missouri was heading for a $340 million shortfall. And that means midyear spending cuts are likely.
Budget adviser Wayne Goode said Tuesday that Nixon will announce his recommendations to...
- News Source: Independent | 11 months agoCalifornia Governor Arnold Schwarzenegger , saying his state is going broke, declared a fiscal emergency and ordered the incoming class of lawmakers into a special session to fix a widening $11 billion deficit. Schwarzenegger, a 61-year-old...
- News Source: BBC | 12 months agoThe governor of California, Arnold Schwarzenegger, has declared a fiscal emergency, amid fears the state could run out of cash by early next year. He has ordered lawmakers to hold a special session to tackle the $11.2bn (£7.5bn) deficit in...
- News Source: The Herald | 12 months agoGov. Arnold Schwarzenegger declared a fiscal emergency on Monday and called lawmakers into a special budget session, warning that California was in danger of running out of daily operating cash within two months. The special session will force the...
- News Source: Acushnet Community News | 12 months agoIn the first major Statehouse protest against Gov. Deval Patrick's emergency budget cuts, dozens of providers and clients are coming to Beacon Hill today to decry $8 million in reductions to mental health programs. Advocates say the governor is...
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