A Simple Solution to the States' Budget Crises (tags)
On February 16, in Salem, Oregon a rally of more than 5,000 students, teachers, parents, and social service workers assembled in front of the state capitol, demanding a solution to the state’s financial crisis. This was but one of many similar protests nationwide; and Oregon is par for the course when it comes to U.S. states neck deep in a budget crisis. It is estimated that, unless other sources of revenue are raised immediately, the state will make $800 million in cuts…by June. The projected deficit for the next two years is $2.5 billion.