States Hit Hard by Economic Downturn
The Washington Post's Keith B. Richburg and Ashley Surdin write: "State budgets have been hit hard by a worsening national economy, including rising costs for energy and health care. In addition, fallout from the subprime mortgage crisis - declining home sales, deflated property values and mounting foreclosures - has caused a slide in states' anticipated tax receipts. Revenue from property taxes, sales taxes and real estate transfer taxes is affected."
https://www.truthout.org/issues_06/033108LA.shtml
https://freepage.twoday.net/search?q=mortgage
https://freepage.twoday.net/search?q=foreclosure
https://www.truthout.org/issues_06/033108LA.shtml
https://freepage.twoday.net/search?q=mortgage
https://freepage.twoday.net/search?q=foreclosure
rudkla - 1. Apr, 10:11