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Fiscal Crisis


   
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State and Local Government Fiscal Crunch

A Brief Overview of State Fiscal Conditions and the Effects of Federal Policies on State Budgets by John Springer--Revised 2/27/04
40K-HTML, 29K-PDF, 5pp.

Fiscal Crisis is Shrinking State Budgets
Elizabeth McNichol
Revised 2/25/04
200K-HTML, 53K-PDF, 10pp.

National Priorities Project: States to lose federal funding-- The total amount each state would lose in federal funding under the Bush budget breaks down the cuts into four categories: housing assistance, Title I education assistance, community development and clean water funds. 

State Budget Deficits Continue to Threaten Public Services.  The Center on Budget and Policy Prioritieshas a new report showing states face large budget shortfalls for state fiscal year 2005, exceeding $40 billion nationwide.

As the state fiscal crisis drags on, states are being forced to make harmful budget and tax changes because of federal policies which reduce state revenues and impose new costs. Read this new report by the Center on Budget and Policy Priorities.

A report by the United Auto Workers titled "States in Crisis"lays part of the blame on the federal government for not ponying up funding for federally mandated, expensive new programs "such as President Bush's 'No Child Left Behind' education act, the new election reform law, Medicaid, welfare and homeland security."

Many Governors Are Proposing Tax Increases And Other Revenue Measures: Increases Are Necessary to Protect Basic Services -- Nicholas Johnson
Revised 3/31/03 -- 31K-HTML, 60K-PDF, 6pp.

State Budget Deficits Projected for Fiscal Year 2005
Nicholas Johnson and Bob Zahradnik
Revised 2/6/04
137K-HTML, 33K-PDF, 5pp.
 
Decline in Federal Grants Will Put Additional Squeeze on State and Local Budgets
Iris J. Lav
2/3/04
27K-HTML, 38K-PDF, 3pp.

Did States Spend Their Way Into The Current Fiscal Crisis?
John Springer
Revised 8/1/03
14K-HTML, 25K-PDF, 2pp.

Survey: State cuts hurt cities -- Fairbanks and North Pole were two of 55 communities that indicated in a recent Alaska Municipal League survey a need to raise local taxes or fees because of a decline in state revenue.

Presidential Budget Cuts -- Impact

Fact Sheet: Broad Cuts in Domestic Programs After 2005 Under Administration Budget
Revised 3/5/04 -- 16K-HTML, 30K-PDF, 2pp.

The Economic Costs of a War in Iraq: The Negative Scenario by Dean Baker and Mark Weisbrot, December 9, 2002PDF

 

President's Budget Contains Larger Cuts In Domestic Discretionary Programs than Have Been Reported
Richard Kogan and David Kamin
Revised 3/5/04
40K-HTML, 34K-PDF, 4pp.
 
Administration's Budget Would Cut Heavily Into Many Areas of Domestic Discretionary Spending After 2005
Revised 3/5/04
42K-HTML, 93K-PDF, 21pp.

Fact Sheet: Administration's FY 2005 Budget an Unbalanced and Ineffective Approach to Fiscal Discipline
John Springer
Revised 3/5/04
20K-HTML, 28K-PDF, 2pp.

Concentrating on the Wrong Target: Bush Cuts Would Reduce Domestic Discretionary Spending, As A Share of GDP, To Its Lowest Level in 46 Years
Isaac Shapiro and David Kamin
Revised 3/5/04
96K-HTML, 29K-PDF, 4pp.

 

Capping Appropriations: Administration's Proposal Regarding Discretionary Caps Likely to Prove Inequitable and Ineffective
Richard Kogan
3/1/04
49K-HTML, 49K-PDF, 8pp.

Press Release: Deep, Widespread Cuts in Domestic Programs Over Next Five Years Under Administration Budget
2/27/04
21K-HTML, 30K-PDF, 3pp.

Administration's Budget Would Cut Heavily Into Many Areas of Domestic Discretionary Spending After 2005
2/27/04
42K-HTML, 93K-PDF, 21pps

 

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