Budget Nightmare: 10 Most Broke States
California: $53.7 billion shortfall or 58 percent of its budget
Arizona: $4 billion shortfall or 41 percent of its budget
Nevada: $1.2 billion or 38 percent of its budget
Illinois: $9.2 billion or 33 percent of its budget
New York: $17.9 billion or 32 percent of its budget
Alaska: $1.35 billion shortfall or 30 percent of its budget
New Jersey: $8.8 billion or 30 percent of its budget
Oregon: $4.2 billion or 29 percent of its budget
Vermont: $278 million or 25 percent of its budget
Washington: $3.6 billion or 23 percent of its budget
Connecticut: $4.1 billion or 23 percent of its budget
http://abcnews.go.com/print?id=8016634
Re: Budget Nightmare: 10 Most Broke States
Quote:
Originally Posted by Midnight Mike
California: $53.7 billion shortfall or 58 percent of its budget
just read in the times today that CA is isuing IOUs instead of payroll checks. wow...
Re: Budget Nightmare: 10 Most Broke States
Quote:
Originally Posted by cancidas
Quote:
Originally Posted by Midnight Mike
California: $53.7 billion shortfall or 58 percent of its budget
just read in the times today that CA is isuing IOUs instead of payroll checks. wow...
These mature on Oct 3 and most of the banks that once said they'd honor them now are backing out. We could very well see the first state bankruptcy take place with C.A.
Re: Budget Nightmare: 10 Most Broke States
MIke, lets; start with CA. Why did they pay over a million for Michael Jacksons funeral???????????????? The jacksons could have footed that bill.
Re: Budget Nightmare: 10 Most Broke States
Quote:
Originally Posted by mirrodie
MIke, lets; start with CA. Why did they pay over a million for Michael Jacksons funeral???????????????? The jacksons could have footed that bill.
Eh, I wasn't a big fan of that either, but all the folks who flew out there for the service probably added a couple million bucks to local coffers so it's not such a big deal.
Re: Budget Nightmare: 10 Most Broke States
Quote:
Originally Posted by mirrodie
MIke, lets; start with CA. Why did they pay over a million for Michael Jacksons funeral???????????????? The jacksons could have footed that bill.
LA made some nice money from the tourist dollar, now, I would have liked to have seen the police costs paid for, the city will make out in the end.