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Latest revision as of 14:16, 23 January 2025

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I hardly have to tell you that states and also the federal government are having budget diseases. I am not advocating a political view away from the left along with the right. The facts are there for everyone to see. The Great Recession has spurred federal government to spend to strain to get associated with it rightly or mistakenly. The annual deficit for 2009 was 1.5 trillion dollars as well as the national debts are now only about $13 billion. With 60 trillion dollars in unfunded liabilities coming due a next thirty years, the government needs funds. If anything, the states are in worse formation. It is not fairly picture.

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