07.01.2009 10:45 am
How bad should budgets get before states are bailed out?
St. Louis Post-Dispatch
Ten states struggled to pass budgets before the Tuesday deadline, including Illinois. According to the Wall Street Journal, state governments could face partial shutdowns if budgets aren’t created soon.
In Illinois, the new fiscal year has already started with no budget, according to a St. Louis Post-Dispatch article.
The state will ultimately be more than $9 billion in the red for the fiscal year that starts today, Gov. Pat Quinn’s administration says, unless the Legislature provides new revenue. He has warned of potential deep cuts in human services such as day care subsidies and elder care, as well as interruptions in other state…
