Sallow
The Big Bad Wolf.
Well, no.
NY's FY2010 budget shortfall is between 2.9 and 3.5 billion, Texas is 3.3 billion, Virginia is 1.35 billion.
You are correct that New Yorks budget shortfall this year is 3.2 billion, but next year it is expected to go up to 8.2 billion, then 13.5 billion in 2012. And this is on top of the $122,527,873,429 they ALLREADY owe!
New York state budget - Sunshine Review
There are a lot of off balance sheet debts and liabilities that New York & many other states are hiding.
Like paying more into the Federal government then we (New Yorkers) get back to support fly over states and Alaska.