NRO’s eye on debt and deficits . . . by Kevin D. Williamson.

State Budget Shenanigans Monday


Two big things in the news today:

1. California is expected to reveal its state budget. I cannot imagine that there is going to be any good news in there.

2. Texas will reveal its revenue forecast, meaning the state will learn how big a shortfall it is actually looking at.

Should be an interesting compare-and-contrast exercise as the two big guns work out their fiscal woes.

Tags: Debt , Deficit , Despair , Fiscal Armageddon , The States


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