State Budget Deficits
I put together a chart listing the states with anticipated budget deficits for Fiscal Year 2010. The list is not complete, as the data from some states was simply not available. Nevertheless, it gives you an idea of which states have the highest anticipated budget shortfalls and ranks them in descending order. In other words, those with the largest percentage of FY-2009 shortfall are on top. Those with the smallest percentage of anticipated shortfall are at the bottom. The data comes from the Center on Budget and Policy Priorities.
I have also indicated whether the listed state was a red state or a blue state as per the 2008 Presidential election. Now, there are many reasons why a state could have an anticipated budget deficit, and I am not suggesting that any definitive conclusions can be drawn from this chart. However, I did find it interesting that blue states had a tendency to be at the top of the chart, while red states tended to be at the bottom.
For what it's worth...
Source: http://www.cbpp.org/9-8-08sfp.htm
3 Comments:
I know that ,here in Wisconsin we had a budget surplus when Tommy Thompson was Governor ,but we've been running in the red ,since the Democrats took power. Nothing is better . Infrastructure is worse ,teaching is worse,two big important lawmakers in Milwaukee are going to the Pen,voter corruption is horrible.The Governor is up to his nose in crooked campaign contributions. Just you usual democrat state.
Barb,
My condolences on your situation there in Wisconsin. Living in NJ isn't much better. We've got Frank Lautenberg, Robert Menendez, Jon Corzine and a largely Democratic population to cope with here. Don't ask me to flatter them... 'cause I can't.
To give you an idea of how long they have been screwed up here, you can go back to the second election of Abraham Lincoln in 1864 to realize that NJ was one of only 3 states to vote for that do-nothing, big-talker, General George B. McClellan. Joe Biden's state was another one. See HERE. Lincoln won 91% of the electoral votes, and NJ wasn't among them. Figures, eh?
(I should be careful. My wife has relatives named McClellan who are probably related to George B. McClellan.)
Budget deficits are becoming the "norm".
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