Dropping tax revenue, rising unemployment and yawning budget gaps are wreaking havoc in states from Arizona to Wisconsin, a new report shows.

By Tami Luhby, CNNMoney.com senior writer, November 11, 2009

NEW YORK (CNNMoney.com) — The same economic pressures that pushed California to the brink of insolvency are wreaking havoc on other states, a new report has found.

And how state officials deal with their fiscal problems could reverberate across the United States, according to the Pew Center on the States’ analysis released Wednesday.

The 10 most troubled states are: Arizona, California, Florida, Illinois, Michigan, Nevada, New Jersey, Oregon, Rhode Island and Wisconsin.

Read more at  http://money.cnn.com/2009/11/11/news/economy/states_economies/

WE’RE BROKE  - even (especially?) at the state level!!

Related posts:

1. United States v. Arizona — How ‘Bout United States v. Rhode Island? by Andy McCarthy, the Corner at National Review, 7/07/2010 Well...
2. 32 States Have Borrowed from the Federal Government to Make Unemployment Payments (Wisconsin borrowed 1.4 billion) May 21, 2010 EconomicPolicyJournal.com has learned that 32 states have...
3. States short $1 trillion to fund retiree benefits by Tami Luhby, senior writer, CNNMoney.com, February 20, 2010 Just...
4. Is Wisconsin A Debt Disaster? (We’re #9) by Jon Bruner, Forbes, Jan. 20, 2010 Global Debt Crisis...
5. Brief for 9 states backs Arizona immigration law By David Runk, dailycaller.com via Associated Press, 7/15/2010 DETROIT —...

Related posts brought to you by Yet Another Related Posts Plugin.