Friday, December 14, 2012

As State Budgets Rebound, Federal Cuts Could Pose Danger

 As State Budgets Rebound, Federal Cuts Could Pose Danger-nytimes: After years of budget cuts and sluggish recovery, states expect to see their revenues climb back to prerecession levels this year for the first time since the financial crisis hit. But even as some states hope to restore some of the deep spending cuts they have made, they face a new threat.