Study: US states face funding challenges, need to reform budgeting practices

  • Article by: CHRISTOPHER S. RUGABER , Associated Press
  • Updated: January 14, 2014 - 1:10 PM

WASHINGTON — U.S. state governments face persistent financial challenges even as the improving economy has boosted tax revenue, a study says, highlighting the need for most states to reform their budgeting practices.

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WaterBunkerJan. 14, 14 4:55 PM

Except for a few liberal states like Illinois and California, the states are exceedingly well run when compared to the federal government. Now, that doesn't mean they are well run...they just look good by comparison.

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