Analysis Estimates That States Face Combined $100B Budget Gap By Fiscal Year 2010, Which Could Prompt Cuts In Programs Such As Medicaid

State tax revenues declined in the most recent quarter, with the median state studied experiencing a 5.5% inflation-adjusted decline in total tax revenue, according to an analysis by the Center for Budget and Policy Priorities, the Wall Street Journal reports.

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Filed under: Medicare / Medicaid / Tricare on October 29th, 2008