Budget Deficit, State Government | featured news

States look to Internet taxes to close budget gaps

States look to Internet taxes to close budget gaps

State governments across the country are laying off teachers, closing public libraries and parks, and reducing health care services, but there is one place they could get $23 billion if they could only agree how to do it: Internet retailers such as Amazon.com.

 

Schwarzenegger threatens to shut down state government

Schwarzenegger threatens to shut down state government

Gov. Arnold Schwarzenegger vowed Wednesday to let California government come to a "grinding halt" rather than agree to a high-interest loan to keep the state afloat if he and the Legislature do not close the yawning budget gap in coming weeks.

 

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