[cambodiabear]

This guy working at the AEI is definitely a "glass-half-full" type.


http://www.dailymark...hat-double-dip/

1. Mississippi Tax Collections Beat Expectations in August(see below)
2. Kansas Taxes in August $38M More Than Expected
3. Pennsylvania Sees Signs of Growth in Its August Tax Collections
4. Maine Tax Revenue Bounces Back in August
5. Arkansas Governor Says State’s Finances Looking Better
6. Aug. Tax Revenue Collections Increase in West Virginia
7. Iowa: State Revenues Rosier Than Projected


http://www.businessw...s/D9HV69OO2.htm

Mississippi in focus:

"While tax collections for the first two months of the fiscal year have been close to our expectations, nothing changes the fact that we face a massive budgetary cliff in fiscal year 2012 when several hundreds of millions of federal stimulus dollars go away," Barbour said. "We must keep this fact in mind as we begin planning our FY 2012 budget."

Barbour and a bipartisan group of legislative leaders are trying to carry over some of the federal stimulus money.

The Joint Legislative Budget Committee will meet in late September to hear state agencies' spending requests for the fiscal year that begins next July 1. All 122 lawmakers will get to vote on the roughly $5 billion budget in early 2011.

Rep. Cecil Brown, D-Jackson, said Tuesday that state government budgets have been cut 12 percent this year and could be cut another 10 to 12 percent next year because of slumping revenues. Some school districts have laid off teachers, and state agencies have eliminated jobs.

"You can't cut 25 percent out of state government and not impact services," Brown said.