29 States, Budget Shortfall $48 Billion in '09

**Miss Piggy** · 08-06-2008, 06:23 PM

29 STATES FACED TOTAL BUDGET SHORTFALL OF AT LEAST $48 BILLION IN 2009
http://www.cbpp.org/1-15-08sfp.htm

**squalebear** · 08-06-2008, 06:32 PM

In New Jersey, that translates into higher Property Taxes and
becoming a Sanitation Engineer after your hard day at work !

**Frixxxx** · 08-06-2008, 07:26 PM

Originally Posted by squalebear

In New Jersey, that translates into higher Property Taxes and
becoming a Sanitation Engineer after your hard day at work !

Different story here in California, no sanitation jobs available! However When you live in a state that accounts for HALF of the numbers presented here, you just got to be proud....

**rokid** · 08-07-2008, 02:52 AM

It appears that all of the states except California and Michigan have balanced their '09 budgets. So what's the issue

My operation always had a budget shortfall. We always asked for more resources than were available. When we didn't get them, we scaled back our plans.

----Jim

**Miss Piggy** · 08-07-2008, 03:24 AM

Originally Posted by rokid

It appears that all of the states except California and Michigan have balanced their '09 budgets. So what's the issue

My operation always had a budget shortfall. We always asked for more resources than were available. When we didn't get them, we scaled back our plans.

----Jim

Is that what it says?

There you go my brainiac, Rokid, at work again..

**rokid** · 08-07-2008, 03:42 AM

Miss Piggy,

Sorry to come on so strong.

I was just glad to see that the states were acting responsively - or at least that's the way I read the article. I didn't think Virginia had a budget problem and was surprised to see the $1.2B gap.

-----Jim

**Miss Piggy** · 08-07-2008, 04:19 AM

I didn't think you came on so strong. I'll always defer to your superior knowledge when it comes to this financial stuff - lol

**Silverbird** · 08-07-2008, 02:27 PM

Yes, Virginia had trouble this year but the bipartisan state legislature/executive was able to scream/yell its way to balance. Property tax revenue was nowhere close to expected. Especialy affected is highway money. Local jurisdictions are very affected by the fallout.