Tough Economic Times Remain for States

Posted on July 29, 2003

As the fiscal year draws to a close, the National Governors Association and the National Association of State Budget Officers report that most states are unable to protect their highest priority programs from budget reductions. In fiscal year 2003, 37 states were forced to reduce already enacted budgets by nearly $14.5 billion -- the largest spending cut in the history of the 27-year-old fiscal survey.