June 27, 2003

States Struggle to Avoid Deficits

With Deadline Near, States Are in Budget Discord. An unusually high number of states lack budget agreements as they face the end of their fiscal years. By Jodi Wilgoren. [New York Times: NYT HomePage]

D. Remer of PoliWatch.Org comments:

It is refreshing to see governments in the U.S. frantically battle to avoid bankruptcy only to find the tills empty. Refreshing and ironic since our government is considering revoking the bankruptcy option for working folks, offering restructured lifetime repayment instead. Hah! Shoe is on the other foot, how does it fee-e-e-l ?

Written by David R. Remer ©. Posted at June 27, 2003 3:08 AM | TrackBack
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