Cash-Strapped States Face Tough Choices

[tdavis]

California To Use IOU's; One of 18 States Struggling With Deficits (CBS) Across the country Americans are getting a big dose of budget reality. In a busy San Francisco medical clinic financed largely by taxes, the start of the state government's fiscal year today is filled with uncertainty as CBS News correspondent John Blackstone reports.

Dr. Katrina Liu knows her low income patients are likely to suffer as California runs out of money to pay its bills.

Read Full Article http://thebreadwinner.the-amt.com/index.php?/Government-News/

[jwirr]

1. This move on the part of the governors to cut social programs may

be a move to force the feds to take over the programs. Medicaid to national health care bill, etc. If this will help pressure the feds into getting their act together good - if it is just letting the poor and middle class take the brunt of the pain then to hell with the governors.