The National Conference of State Legislatures has released a new report on state budgets that shows that half of the states are projecting a cumulative shortfall of $142.6 billion for fiscal year 2010.
That's a gap the conference said will likely to "grow during the course of the fiscal year."
The conference has compiled charts that document measures, both proposed and enacted, that states are taking to close budget gaps, including furloughs and layoffs. The report -- a quick, informative but painful read -- also describes efforts to boost state revenues.
To see the conference's excellent chart, click here.
The conference is a bipartisan group that serves legislators and their staffs in the nation's states and territories, offering policy research and technical assistance.