Are any EliteTrader.com readers from Hawaii? Is the Hawaiian State Government in financial trouble? What other states might be close to a financial crisis? === Monster that won't die: the state budget crisis KGMB9 - 6 hours ago So it is with the state budget crisis. On Friday morning HGEA revealed that Governor Lingle has sent over a new proposal that contained a little give on ... Shortfall revised upward to $876M Honolulu Star-Bulletin Council on Revenues: âLook out below!â KGMB9 http://www.bizjournals.com/pacific/stories/2009/08/24/daily65.html Friday, August 28, 2009, 4:00pm HAST Lingle warns of 'substantial' cuts comingPacific Business News (Honolulu) - by Nanea Kalani Hawaii Gov. Linda Lingle said late Friday that her cabinet will hold an âemergencyâ meeting over the weekend to find additional ways to cut state spending, noting that it will likely involve more layoffs of state workers.
California was hiring all during their budget crisis... when politicians talk about budget cuts they actually mean reductions in the rate of increase...
Arizona http://www.abc15.com/content/financ...-will-bounce-amid/zcj-lWgpF0GHUxm3cG4Zcw.cspx "[State Treasurer Dean] Martin said the biggest issue is what he calls welfare healthcare. "Ten years ago AHCCCS was only a $200 million dollar agency, today it's over $2 billion," he said."