kaestnerr posted on November 29, 2011 15:17
http://www.nga.org/files/live/sites/NGA/files/pdf/FSS1111.PDF
2011 fall survey conducted by National Governors' Association and National Association of State Budget Officers looks at projected FY2012 budgets.
The survey results show that states are facing a ‘big squeeze’ from both local and federal
governments. The combination of the effects of the economic downturn, tepid
economic growth and the expiration of Recovery Act and other federal funds has
severely impeded the growth of state resources. Additionally, spending on
Medicaid is expected to consume an increasing share of state budgets and grow
much more rapidly than state revenue growth, resulting in slow or no growth in
education, transportation or public safety.