California, More States Facing Enormous Budget Shortfalls

The State of California missed a midnight deadline for a budget solution, and may have to issue IOUs. But they're not the only states facing imminent budget crises.
July 1, 2009, 1pm PDT | Tim Halbur
Share Tweet LinkedIn Email Comments

Pennsylvania, Ohio, Arizona, and Illinois are just some of the states rushing to find budgets solutions and avoid crippling cuts.

"In Illinois, the sputtering drive to come up with a state budget broke down completely Tuesday, leaving the state without any plan for paying its employees or delivering government services. The session ended without any firm plans to return or even for Gov. Pat Quinn and legislative leaders to resume negotiations."

Full Story:
Published on Tuesday, June 30, 2009 in The Huffington Post
Share Tweet LinkedIn Email