Wonkblog: Economy, Budget

The state budget crisis isn’t over yet

The state budget crisis isn’t over yet

Harry Reid is aiming for a Senate vote this week on a $35 billion jobs bill that would help state and local governments rehire or retain teachers, first-responders, policemen, firefighters. Democrats claim that it will save some 400,000 jobs at a time when state and local budget cuts are forcing these public-sector layoffs. So how do things look for state budgets these days?

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