Wall Street Journal

Fiscal deficit in U.S. tax Contraestimulo or solution to the Argentina? 16 November 2009 one-third of the U.S. population is seriously threatened by fiscal difficulties in the States where they reside, which will have to tighten its belt for expenses seriously if they don’t want to declare bankruptcy. Fiscal contraestimulo? Fiscal problems for the United States, are far from dims. On the contrary, as if it were a disease, is spreading among several States, led by California, they are balancing their accounts, is one of the most difficult missions at the beginning of the post-crisis. They tested a solution to the Argentina? Level of the national State, the public deficit still a worrying uptrend. As he gave tells the Wall Street Journal, public accounts threw in the month of October a red of USD 176.360 million, nearly quadrupling the Red of the month of September which had been US $46,000 million and signs of moderation and discipline that is It calls on the Government of Obama, they seem to stay later. At the State level, the situation appears in some cases even more severe than what was observed at the federal level.

Darrell Preston commented in an article for Bloomberg that States are closing the fiscal year with a deficit of US $250,000 millions. CNN released a study conducted by Pew Center that reveals that 10 States are in a State of fiscal crisis that may lead them to bankruptcy. Arizona, California, Florida, Illinois, Michigan, Nevada, New Jersey, Oregon, Rhode Island and Wisconsin comprise the list of fear. And in the list after five other States whose situation is not too much better that demonstrate the here mentioned. The most committed to the fiscal deficit States are California, Illinois and Arizona with a fiscal slump of 49.3% for California, 47.3% for Illinois and 41.1% for Arizona. Surely many Americans will be wondering now how is it that it has come to this situation of financial meltdown in the States? What has happened to a good part of the States in trouble, logically does not respond to a single cause.