Cubefield Game

If the federal deficit is a runaway train racing, with no brakes, toward a steep precipice... most states have already gone over the cliff. State budget holes are getting deeper. Revenues fell dramatically all last year... down 11.1% in the sharpest decline in 46 years. Corporate income taxes slid the most, 17.5%, but individual income and sales tax revenue was also down, by 11.3% and 8.8%, respectively. Read the rest of this entry »