The weak economy will continue to cause great fiscal distress among state and local governments around the nation. According to the Center on Budget and Policy Priorities, at least 48 states have addressed or are facing shortfalls in their budgets for the new fiscal year totaling $194 billion or 28 percent of state budgets. The estimated state budget gap is $180 billion for 2011 and $118 billion and for 2012.
Although the American Recovery and Reinvestment Act of 2009 provided roughly $140 bill
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