World News Insights
1-3 Minute Gist

All Topics Article

Higher Taxes Yield to Budget Cuts in States

Wall Street Journal Original article ›

Keywords:

LyrArc Article Gist
U.S. States faced a shortfall of $86 billion during the 2011 budget season, according to the National Conference of State Legislatures. This was after a rise in tax collections during the last year from an improving economy, and about $30 billion of tax increases passed in 2009 and 2010. States faced the end of $66 billion in federal stimulus aid, and their share of Medicaid costs are expected to go up by $16 billion in this fiscal year, according to the National Association of State Budget Officers. The political mood has shifted with worries about the deficit and fears that tax increases could make the states less attractive for employers. As a result there is a focus on spending cuts with very few tax increases. Forty six states began a new fiscal year this week after legislatures focussed on spending cuts, mostly avoided tax increases, and some states placed restrictions on the pay and benefits of public employees.

U.S. States preference for budget cuts not tax increases in deficit reduction- 2011-2012

07/07/2011

A detailed look at how 46 states turned to budget cuts not tax increases as they looked for ways to reduce the budget deficits.

Grouped Articles

Higher Taxes Yield to Budget Cuts in States

Wall Street Journal 07/07/2011

Debt-Limit Harakiri

Wall Street Journal 07/13/2011

Tom Keene Talks to Robert Skidelsky

BusinessWeek 07/28/2011

Families Feel Sharp Edge of State Budget Cuts

New York Times 09/06/2011

States face bleak economic forecast, report says - The Washington Post

Washington Post 11/29/2011

In Kansas, Gov. Sam Brownback puts tea party tenets into action with sharp cuts - The Washington Post

Washington Post 12/22/2011

Cuts in U.S. education and teacher funding- 2010-2012

10/30/2008

Fixing budget deficits of states and local government in the U.S. in 2011-2012 is resulting in sharp cuts for schools. A class size of 60 in Detroit schools is one of the results of these cuts. One teacher calls it not educating children but supervising these children.

Grouped Articles

U.S. Schools Chief Arne Duncan Labors to Straddle Political Divide

Wall Street Journal 07/22/2013

Cities Begin Hiring Again

Wall Street Journal 07/30/2013

The Great Stagnation in American Education

New York Times 09/07/2013

To Add Jobs, Revive Revenue Sharing

New York Times 08/28/2010

Obama’s Homework Assignment

New York Times 01/18/2014

Arne Duncan: Better education starts with honesty about achievement gaps - The Washington Post

Washington Post 01/24/2014

Efforts to fix the budget deficits in U.S. states: 2010-2012

01/05/2011

Some of the worst budget deficits are in Illinois, California and New Jersey, with other states not far behind.

Grouped Articles

California’s New Problem: Too Much Money

New York Times 05/25/2013

Brown Set for Victory in California Budget Fight

Wall Street Journal 06/12/2013

Illinois Deficit Leads to Talk of Big Tax Increase

New York Times 01/09/2011

How to Revive the California Dream

Wall Street Journal 01/10/2011

Chris Christie: The conservative crush

Economist 01/08/2011

Illinois Braces for Tax Increases

Wall Street Journal 01/13/2011

Fixing the budget deficit in the U.S. state of Wisconsin- 2011-2012

02/11/2011

Wisconsin elected Republicans to the Governor's office and to both houses of the legislature. Governor Walker has a sweeping plan to fix the state's $137 million deficit. He is planning cuts to the public employees benefits unilaterally without negotiating with the unions.

Grouped Articles

Wisconsin May Take an Ax to State Workers’ Benefits and Their Unions

New York Times 02/11/2011

Public-Worker Unions Steel for Budget Fights

Wall Street Journal 02/14/2011

Public Workers in Wisconsin Protest Plan to Cut Benefits

New York Times 02/16/2011

Wisconsin Senate Fails to Vote on Union Law

Wall Street Journal 02/18/2011

Michigan Gov. Says He Won't 'Pick Fights' With Unions

Wall Street Journal 02/18/2011

In Wisconsin and Washington, budget battles reshape political landscape

Washington Post 02/19/2011

Spending cuts in the U.S. state of Ohio to reduce the budget deficit- 2011-2012

03/16/2011

Grouped Articles

Ohio Governor Poses Steep Cuts to Trim Deficit

Wall Street Journal 03/16/2011

Higher Taxes Yield to Budget Cuts in States

Wall Street Journal 07/07/2011

The Buckeye Budget Lesson

Wall Street Journal 07/07/2011

Voters Shy Away From Dramatic Overhauls

Wall Street Journal 11/10/2011

States face bleak economic forecast, report says - The Washington Post

Washington Post 11/29/2011

Falling home values mean budget crunches for cities - The Washington Post

Washington Post 12/26/2011

Texas budget deficit- 2011-2012

04/04/2010

Grouped Articles

The Texas budget: A blow to the model

Economist 03/26/2011

In Texas, Furor Over a Proposal for Huge State Budget Cuts

New York Times 04/08/2011

Seeds of 2011’s Budget Troubles Were Planted, by the Legislature, in 2006

New York Times 04/16/2011

Cuts for Dallas Magnet Schools Stir Conflict Over Education Spending

New York Times 04/23/2011

Higher Taxes Yield to Budget Cuts in States

Wall Street Journal 07/07/2011

How Texas escaped the real estate crisis

Washington Post 04/04/2010


Support LyrArc

We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.

Support Lyrarc from as small as $1


Copyright © 2006 - 2026 Intelilinks LLC
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us