The Traderszone Network

Published in TZ Latest News 21 January, 2015 by The TZ Newswire Staff

At least six U.S. states expect to miss revenue targets: report

Most U.S. states expect to hit their revenue targets this fiscal year, but at least six states say they could fall short, the National Conference of State Legislatures said on Wednesday. All states except Vermont must end their fiscal years with balanced budgets, and so states that bring in less money than expected could have to cut spending, use savings or raise taxes to end the shortfalls. Alaska, Arizona, Kentucky, Massachusetts, Michigan, and Vermont all expect to miss their revenue forecasts, according to the report.

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