Economy - Economics USA

Grim Forecast for State Budgets

10-16-2007 • Mish Shedlock

States awash in surpluses for the past two years are now treading water. GA, FL, MO, VA, AZ, WA, MD, NV, MI, CA, CT, IL, and SC all have budget issues. There is a recall in Michigan for those voting for tax hikes, and Crist (Fl) and Schwarzenegger CA