From ABCnews.com
Gloom and Doom: States Face Looming Budget Deficits
Delaware legislators are considering allowing racetracks to operate 24 hours a day. California Gov. Arnold Schwarzenegger is threatening to cut the pay of thousands of state workers to minimum wage. And Nevada officials are encouraging their state police to drive less to save money on gas.
These are just some of the extraordinary measures being considered by states that face gaping budget deficits that total at least $40.3 billion, almost triple the shortfall the previous year, according to the National Conference of State Legislatures.
[...]
Across the country, 31 states are projecting budget gaps, and that number doesn’t even include large states such as California, Illinois, Michigan and North Carolina, which have not yet completed their budgets.
And on Tuesday, New York Gov. David Paterson delivered a somber speech about the dire state of the state’s economy, which he has compared to the fiscal crisis of the 1970s.
Paterson said that the state’s $5 billion budget deficit will grow unless drastic spending cuts and layoffs are enacted.
Earlier this week, Schwarzenegger postponed his plan to reduce the salaries of California’s 200,000 state workers to the minimum wage of $6.55 an hour to plug a $17 billion budget deficit.
Then you have Jill Long-Thompson saying spewing drivel like this:
“When this governor says our economy is in great shape, he is out of touch with the challenges facing Hoosier families,” she says. “That’s why I am visiting communities all across Indiana — to show we can once again be a state where economic opportunity is the birthright of every Hoosier.”
She fails to mention that under Daniels’ leadership for the 2008 fiscal year Indiana under-spent it’s budget by more than $321 million. We’re also sitting on a hefty surplus of approximately $1.4 billion. In addition, we have the best-ran BMV in the country, with a 97% approval rating, and a comprehensive fully funded 10-year road construction & improvement plan.
Put that in your pipe and smoke it Jill Long-Thompson.
AWB
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If Daniels is going to run on “The economy is great!” – he’s going to lose…
The State of Indiana is in the Black.
Show us the States across this great nation that are in the black.
Most are in the Red…
Indiana is Great!
Mr. Daniels keep up the good work!
I would have to disagree with Mr. Pruitt. Yes, the national economy doesn’t look good and there have been some job losses in the state of Indiana, but Indiana, as a whole, is weathering the storm better than most and it is because of the things that Governor Daniels has done.