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Budget Crisis: The Worst-Hit U.S. States

Posted by: Abhijeet Chavan
Thanks to: Abhijeet Chavan
30 May 2003 - 9:00am

Many U.S. states face severe budget shorfalls. Why is the Bush administration indifferent to the crisis?

"In state capitals across America, there is only one story in town: the disaster facing state budgets... Back in Washington, the administration seems about as concerned as it would be by a budget deficit in France... Worse, the administration has piled new obligations on state and local governments without providing the money for them... So why the nonchalance?"

Full Story: The head ignores the feet
Source: The Economist, May 23, 2003
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