Posts Tagged ‘state budgets’


Post-Jerry Brown Budget, S&P Still Ranks Cali. Credit Lowest in Nation

Governor Brown has high hopes in line with his 2010 budget proposal. Those hopes may have been dashed by Standard & Poor’s dismal rating of the state’s credit – the lowest in the union.

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Default Troubles for State Governments?

You probably know that many local and state governments are in a big financial mess right now. California is not the only state experiencing financial problems. While California cut its budget this year, can it do it again next year and the year thereafter if things stay bad? That’s just the dilemma for California. Now […]

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