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Cash-Strapped States Turn To Budget Cuts Over Higher Taxes To Patch Shortfalls

State Budgets

First Posted: 07/07/11 11:04 AM ET Updated: 09/06/11 06:12 AM ET

The Wall Street Journal:

Forty-six states began a new fiscal year Friday after lawmakers spent the spring hashing out budgets that largely avoid big tax increases in favor of budget cuts and curbs on pay and benefits for public employees.

Read the whole story: The Wall Street Journal

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Filed by Nick Wing  |