The DeHavilland Blog

Wednesday, April 02, 2008

Tight budgets, rising costs squeeze states

Take a look at this article from Stateline.org on the current budget situation for state and local governments across the country.

I've written before about the coming resource crunch; I didn't mention inflationary pressures, since those can be short-term, but their point about problems in the bond market is well taken and important for these government entities.

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