Issues in Depth
States and the Weak Economy:
 
State Budget Problems Worsen
 
Combined [state] budget gaps for the remainder of this fiscal year and ... fiscal years 2010 and 2011 are estimated to total more than $350 billion."
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Most States are Imposing Cuts That Hurt Vulnerable Residents
At least 30 states are cutting services like health care and education to close budget shortfalls caused by the economic downturn.   Read more

 Additional Background:
  Most States Are Cutting Education
  Policy Points: Overview of States and the Weak Economy

  Revenue Numbers Plummet
 

Issues in Depth
New Long-Term Deficit Projections: Fiscal Outlook Bleak
 
Debt if Current Tax and Spending Policies Are Extended and Not Paid For, As a Share of GDP The nation faces a grim long-term budget outlook even after the economy recovers from the current recession, with the prospect of skyrocketing deficits and debt in the coming decades that will far eclipse all previous levels..."  Read more

Related:
Press Release:
New Long-Term Deficit Projections Paint Grim Picture

Podcast: Grim New Long-Term Deficit Projections Highlight Need for Action

Issues in Depth
Projects and Initiatives Projects and Initiatives
Nicholas Johnson
Nicholas Johnson
What Others Say About the Center
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For the seventh consecutive year, the Center has received a four-star rating from Charity Navigator, America's largest independent evaluator of charities."

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CBPP Staff Meeting
You often hear that the poor and working people don't have a voice in Washington...As it turns out, this bit of conventional wisdom is wrong for one reason: Bob Greenstein and his crew at the Center..."

Washington Post Columnist Steven Pearlstein's profile of the Center

 
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