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Budget Shortfall

The MTA $200 Million Shortfall: Where Did All of the Money Go?

Daniel Goldstein | Posted 12.08.2009 | New York

Read More: Budget Shortfall, Forest City Ratner, Atlantic Yards, Gary Dellaverson, Mta, Extell, Ratner, Fiscal Policy, New York News
Daniel Goldstein

MTA revenue is $200 million short in its 2009 budget. How could that be, where did that shortfall come from? The answer lies in simple math...

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Little Support for Uncomfortable Remedies for California Budget Woes

Byron Williams | Posted 10.08.2009 | Politics

Read More: Lew Feldman, California Budget, Proposition 13, General Motors, Wall Street, Budget Shortfall, Sacramento, Arnold Schwarzenegger, California, Politics News
Byron Williams

With its constitutionally-mandated spending of 60 percent of the state's General Fund, lawmakers in California fight over the remaining 40 percent using a diminishing set of gimmicks to tout a budget deal.

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