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Report: 10 states face looming budget disasters

By JUDY LIN
,
AP
posted: 42 DAYS 18 HOURS AGO
comments: 0
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SACRAMENTO, Calif. -In Arizona, the budget has grown so gloomy that lawmakers are considering mortgaging Capitol buildings. In Michigan, state officials dealing with the nation's highest unemployment rate are slashing spending on schools and health care.
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
2009-11-11 21:59:45

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In Arizona, the budget has grown so gloomy that lawmakers are considering mortgaging Capitol buildings. In Michigan, state officials dealing with the nation\'s highest unemployment rate are slashing spending on schools and health care.