Missing Funds Hurt Budgets

June 2010
Bond Buyer;6/30/2010, Vol. 372 Issue 33342, p1
Trade Publication
The article reports on the conclusion of the report released by the Center on Budget and Policy Priorities (CBPP), which suggests that 30 states should review their fiscal 2011 budgets to compensate for loss of expected enhanced federal matching Medicaid funds included in a jobs bill that the U.S. Congress failed to pass. It expects that the loss of these funds will add to the 140 billion dollar cumulative budget shortfall encountered by the states. Other findings of the report are mentioned.


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