ìForty-two states project to end this fiscal year with a surplus totaling $28.9 billion, making it easier to balance budgets and reinvest in programs cut during the fiscal downturn in the first half of this decade,î reports Stateline.org.
ìAfter weathering years of budget shortfalls between fiscal years 2001 and 2005 when states fell more than $265 billion in the red, state revenues soared beyond expectations in 38 states this fiscal year.î
April 11, 2006
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