Dec 29, 2009

Govs ready speeches as fiscal woes persist

As governors prepare their 2010 state of the state addresses, at least 36 of them are still struggling to close continuing budget deficits for the current fiscal year, while worrying about new gaps looming in their 2011 spending plans. The shortfalls show no signs of going away as state revenue continues to fall far below projections, leaving some lawmakers and the public poised to rethink the rol[...]