WWL: Budgeting Benchmarks
How do Connecticut's budget woes compare to other states?
As Connecticut lawmakers struggle to balance the budget, they can take solace in the fact that they are not alone. Forty-Six states face revenue shortfalls—projected to total over $350 billion over the next 30 months, before the inflow of any federal stimulus dollars. California's crisis has been all over the news lately, but state and local governments all over the country are struggling to fill budget holes. Today on Where We Live, we’ll do some budget benchmarking-- learning from other states and their efforts to tackle the downturn. Rhode Island, New York, Kansas, and Georgia—all facing declining revenues. What approaches are leaders there taking?
