UNITED STATES: States face severe fiscal crunch
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In this article
- June budget crunch
- Plunging revenues
- Income tax
- Consumption taxes
- Corporation taxes
- New taxation?
- Spending cuts
- Furloughs
- School funding
- Blanket cuts
- Federal rescue?
- Precedents
- Obama stimulus
- Outlook
- Further federal aid
- Privatisation of services
- Smaller government
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