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> Nearly Bankrupt States - 74% Budget Gap Are Blue States!

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Patriot Games

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Oct 8, 2008, 10:15:39 AM10/8/08
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http://images.businessweek.com/ss/08/10/1003_budget_shortfall/1.htm

19 States That Can't Pay for Themselves

The data is based on a study by the Center on Budget and Policy
Priorities released at the end of September and shows the states that
have seen the biggest shortfalls in tax revenue in their fiscal 2009
budgets.

Center on Budget and Policy Priorities
http://www.cbpp.org/

Summary:

States -
Blue: 48%
Red: 26%
Purple: 26%

Gap -
Blue: 34,746,000,000 74%
Purple: 8,785,000,000 19%
Red: 3,374,000,000 7%

========================

BLUE States

California: Budget gap (as a % of the total budget): 22% BLUE
Gap: $22.2 billion

New York: Budget gap (as a % of the total budget): 9.8% BLUE
Gap: $5.5 billion

New Jersey: Budget gap (as a % of the total budget): 7.7% BLUE
Gap: $2.5 billion

Illinois: Budget gap (as a % of the total budget): 6.3% BLUE
Gap: $1.8 billion

Maryland: Budget gap (as a % of the total budget): 7.2% BLUE
Gap: $1.1 billion

Wisconsin: Budget gap (as a % of the total budget): 4.6% BLUE
Gap: $527 million

Michigan: Budget gap (as a % of the total budget): 4.8% BLUE
Gap: $472 million

Rhode Island: Budget gap (as a % of the total budget): 13.1% BLUE
Gap: $430 million

Delaware: Budget gap (as a % of the total budget): 6% BLUE
Gap: $217 million


RED States

Arizona: Budget gap (as a % of the total budget): 19.9% RED
Gap: $2 billion

Georgia: Budget gap (as a % of the total budget): 8.7% RED
Gap: $1.8 billion

Alabama: Budget gap (as a % of the total budget): 9.5% RED
Gap: $784 million

South Carolina: Budget gap (as a % of the total budget): 5.7% RED
Gap: $390 million

New Hampshire: Budget gap (as a % of the total budget): 6.4% RED
Gap: $200 million


PURPLE States

Florida: Budget gap (as a % of the total budget): 19.9% PURPLE
Gap: $5.1 billion

Nevada: Budget gap (as a % of the total budget): 16% PURPLE
Gap: $1.2 billion

Virginia: Budget gap (as a % of the total budget): 7.1% PURPLE
Gap: $1.2 billion

Minnesota: Budget gap (as a % of the total budget): 5.4% PURPLE
Gap: $935 million

Iowa: Budget gap (as a % of the total budget): 5.5% PURPLE
Gap: $350 million


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