Summary
Driven by robust tax revenues, state finances are surging again after years of anemic growth, giving governors and lawmakers an infusion of cash to spend on raises for state workers, preschool programs for the poor, and new roads.
The nation's governors reported Thursday that soaring income, sales and corporate tax receipts beat expectations in 42 states during the budget year that ended in June.See the full content of this document
Extract
States Rebound On Surge of Revenue
That is a stark reversal of fortunes from the dark days of 2002, when 42 states saw revenues fall below estimates.
Sti...See the full content of this document
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