Okay maybe it is pretty bad: The Connie
relates the plight of our states' budgets, with California being the worst among the lot. Tellingly, most states are planning to raise taxes to help fight the shortfalls - which will nicely counterbalance Bush's political sop to the electorate (again proving that the cut was meaningless). In short, you see the states going one way (raising taxes, cutting spending - floundering essentially) and the Feds going another (tax cuts, explosive spending - okay, also floundering) - anyone bothered by this picture?
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