VIDEO & AUDIO California has been garnering a lot of unwanted attention recently over the dire condition of its public finances. While California may be the most visible example – it is issuing IOUs to creditors instead of cash – our map shows that other states across the US have budgetary troubles.
Lawmakers had to close a projected cumulative budget gap of $143bn for fiscal year 2010, according to data released on Monday by the National Conference of State Legislatures, a research group.
