"For months, governors and economists alike have been warning that unprecedented revenue shortfalls in the states would lead to draconian budget cuts and massive layoffs. Now with the July 1 start of fiscal year 2011 for many states, doomsday is here. And thanks to Republican obstructionism in Congress, the combined $89 billion budget gap facing the states could result in 900,000 jobs lost - and an end to the nascent economic recovery."
No comments:
Post a Comment