From investigative-journalism nonprofit Remapping Debate:
"When the recession hit, state revenues — made up primarily of sales and income taxes — declined dramatically, prompting deep cuts to state services. In at least 30 states, funding for K-12 education was lower in fiscal year 2012 than in 2008, despite growing student populations. States have also made deep cuts in health care programs and in higher education funding. State aid to local governments has declined, and state and local governments have shed more than 500,000 jobs since the beginning of 2009.
In state after state, politicians justified the large budget cuts on the grounds that the condition of the state budget made it temporarily necessary to reduce services. ..."
Now income and sales taxes are bouncing back, and at least 25 states are likely to be running a surplus for the fiscal year ending in June. But
"... instead of either restoring cuts in state services or increasing aid to local governments and school districts, several state legislatures are choosing to use their surpluses to cut taxes. Besides Kansas, at least seven other states have passed bills that cut taxes and reduce revenue in future years, and several more are still considering doing so."
Read the full investigative article here.
Got something to say about what you're reading? We value your feedback!