The Precarious State of Statehouse Budgets

States awash in surpluses for the past two years are now treading water, with several desperately looking for lifelines to help them get out of budget trouble.
 
A slumping housing market and skimpier sales tax collections are busting budgets from California to Florida at a time when national job growth is sluggish and consumer confidence is at a nearly two-year low.

 Read the full article The Precarious State of Statehouse Budgets at Stateline.org.