The State of the States

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This Associated Press story reports that state budget woes are improving, though not by much:

An Associated Press analysis of tax revenue in all 50 states found clear evidence of economic improvement, though everywhere officials warn that the positive signs aren't robust enough to ease the pain of three years of budget cuts, tax increases and huge deficits.

In the first three months of the new fiscal year—July, August and September—revenues came in on target with budget projections, or better, in 33 states. Revenue grew from last year in all but six states.

By comparison, in each of the previous two years more than 40 states found the opposite when the year began—they had been too optimistic, and their revenues failed to meet expectations.

Read Reason's October story, "Why the States Are Broke," for insight into why the states are where they're at–and likely to stay there.

And you can check out a plan by Reason Public Policy Institute for easing the woes of California, the state in the deepest doo-doo, here.

NEXT: Fixing a Hole

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  1. The KY Department of Transportation: Lubricating The Way To The Future!

  2. My wife LOVES the happy smiley sun! Of course, I don’t know a lot of guys who would want one. I didn’t know that you could pay to get a better one, tho. They’ve got it backwards here. You get a plain boring black-and-white one, and they charge more for the Farm plate, or the Bay plate, or your school / Sorority / Gardening Club / etc. plate.

  3. All states should adopt the budget solving procedures put in place by the KY Dept of Transportation.

    What they have done is make the default license plate really obnoxious in an unmasculine kind of way. We have a rainbow colored background with a happy faced sun sitting in the middle of it.

    Think that may not look cool on your spiffy sport sedan? Never fear! They will sell you a different one for $45 …

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