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Tuesday, August 15, 2006

Boom time for state finances

Stateline.org article on the surge in state tax revenues. However the NCSL's "budget experts expect state spending to surpass money coming in to state coffers this fiscal year. State spending is projected to grow 7.6 percent while revenues are expected to grow only 3 percent."

Yes, the National Council of State Legislatures expects state legislatures to spend recklessly.

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