Over a year ago, we wrote our first post advocating in favor of federal assistance for state governments. The reasons were simple enough: a slowing economy causes revenues to decline and demand for services …
Read Original Story: More State Aid? Yes, Please (UPDATED) – Progress Illinois (blog)

Yesterday in his comments at the Budget & Tax Center’s legislative briefing in Fayetteville, Senator Rand said that the he has been told by legislative fiscal staff that state taxrevenues are behind projections by $90 million through the end of …
Read Original Story: nc's budget gap growing; national think tank calls for more federal aid to states – The Progressive Pulse (blog)

WASHINGTON – State governments likely will struggle with dragging revenue until 2012, the National Governors Association predicted Thursday. In fiscal 2009, states saw their revenue drop 7.5%, and it will likely continue to …
Read Original Story: Governors Predict Revenue Struggle – Wall Street Journal

States faced with big budget deficits will continue to grapple with diminished revenue until at least 2012, according to a new survey, Bloomberg reported. The $135 billion of funding under President Obama’s economic stimulus package has prevented more …
Read Original Story: State Budgets to Remain Low Through 2012, Report Says – Transport Topics Online

States still suffering severe economic woes. Drastic steps expected in wake of $51 billionbudget shortfalls. By Tami Luhby, CNNMoney.com CNNMoney.com readers describe how President Obama’s $787 billion stimulus package has helped them – or hasn’t. …
Read Original Story: States face more cutbacks and tax hikes – CNNMoney.com

Nov. 12 (Bloomberg) – US states, which are closing $250 billion of budget deficits, will be forced to grapple with diminished revenue until at least 2012, a survey of fiscal officials found. The only thing that kept states from …
Read Original Story: US State Revenue Decline Will Go On, Governor's Report Says – Bloomberg