Across the U.S., a ‘Volatile Situation’ for States’ Budgets

BY Hari Sreenivasan  January 12, 2010 at 5:30 PM EDT

On tonight’s NewsHour, we’re examining the budget crisis in state capitals across the country, focusing on New York, Colorado, Louisiana, Oklahoma, Idaho and, of course, California.

For an overview of the budget crisis facing many states, we spoke with Susan K. Urahn,
managing director of the Pew Center on the States, which released a report in November that compared states’ budget problems with the high-profile fiscal problems in California.