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State Budget Gaps: How Does Your State Rank?
For the fourth year in a row, most states are facing substantial budget deficits. According to the Center on Budget and Policy Priorities, the budget gaps total $112 billion for fiscal year 2012, which starts July 1 in most states. Only six states do not project having a shortfall to contend with. The situation has […]
Future of Popular Build America Bonds Program in Doubt
The fate of a popular federal stimulus borrowing program that state officials say created thousands of jobs and launched hundreds of transportation, public safety and water and sewer projects may hinge on whether Congress extends several unrelated tax breaks before the end of the year. Build America Bonds , under which state and local […]