You can click on the chart or follow the link to see where your individual state falls on the continuum, but the most important thing to recognize is just how different the budget picture is in California, facing deficits in excess of 10 percent, than it is in New Hampshire, Mississippi, Nebraska, Montana, Missouri, North Dakota, and South Dakota, which each have double digit surpluses. This makes a great case that reform efforts should be focused on the places that actually have the capacity to do so, as opposed to the places focused on just digging themselves out of giant financial holes.
Wednesday, May 20, 2009
State Budgets Vary
You can click on the chart or follow the link to see where your individual state falls on the continuum, but the most important thing to recognize is just how different the budget picture is in California, facing deficits in excess of 10 percent, than it is in New Hampshire, Mississippi, Nebraska, Montana, Missouri, North Dakota, and South Dakota, which each have double digit surpluses. This makes a great case that reform efforts should be focused on the places that actually have the capacity to do so, as opposed to the places focused on just digging themselves out of giant financial holes.
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