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...even tighter. Thanks to dwindling revenues, paltry collection rates and the economic storm soaking taxpayers, the $142.6 billion budget shortfall that states faced during the 2009 fiscal year is but one hurdle in a longer financial gauntlet, according to this bleak assessment from the National Conference of State Legislatures (NCSL). Corina Eckl, the NCSL's fiscal program director, recently compared the endless waves of grim economic forecasts to "breaking your leg and then getting pneumonia." Cheery stuff...
...crisis they face. On Thursday those words of woe were backed up by a fresh report on the rapidly deteriorating condition of state finances. Revenues are dropping so fast that state budget cutters can't keep up, according to a report released by the National Conference of State Legislatures (NCSL). States that collectively cut $40 billion in spending to balance their budgets over the summer are now facing an additional $32 billion shortfall as tax receipts come in below estimates, the report said. And the fiscal year after that - running from July 2009 through June 2010 - could be even worse...
State Sen. Michael J. Barrett '70 (D-Cambridge) will become chair of the Education and Job-Training Committee of the National Conference of State Legislatures (NCSL) on November...
Barrett, who was appointed early this summer, will lead 50 NCSL state legislatures in defining and lobbying for their educational policy goals...
...brings a wealth of knowledge about these[educational] issues," said NCSL Senior PolicySpecialist Aaron H. Bell. "He's going to be a verystrong chair...