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Tag Archives: state budget deficits

State budgets: $28 billion short this year

Thirty-six states face budget shortfalls totaling $28 billion in the fiscal year that began just five months ago, according to a new 50-state report. The assessment predicts another $56 billion in shortfalls across 35 states next fiscal year and $69 billion in shortfalls across 23 states the year after that.

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