State Budget Shortfalls in 2011

posted 11/16/10

Forty-six state governments in the U.S. will face budget shortfalls in fiscal year 2011 totaling $125 billion. The decline in state revenues are the worst on record. Ohio’s $50 billion budget faces a shortfall of up to $8 billion. Unemployment remains high, pushing public services to the limit and compounding state budget problems. More and more working households using food stamps to make ends meet. Which in turns indicates that more families will depend on the Hunger Network of Greater Cleveland.

Sources:
Working Households on the Rise – Share of Food Stamp households with children by type of income

Slide show: The State Budget Crisis and the Economy

Ohio Faces Budget Shortfall