TITLE

For State Budgets, A Hole In The Bucket

AUTHOR(S)
Maggs, John
PUB. DATE
July 2009
SOURCE
National Journal;7/25/2009, p15
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
This article emphasizes that budget deficits by states in the U.S. are threatening to minimize the intended and expected impact of the economic stimulus spending of the federal government in 2009. It explains that the trend among consumers to save more is another force that will minimize the impact of the stimulus spending. It offers estimates on how much budgetary cuts or tax increases that states must implement to counter the deficits.
ACCESSION #
43451651

 

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