Detailed text transcripts for TV channel - CNN - 20100308:15:36:00
Says budget short falls this year and next year could be close to $400 billion. unlike the federal government, states have to have balanced budgets. most states have cut programs and are furloughing worker. that just isn't going to be enough. the tax refunds give states a little more money to work with for now, essentially it's basically an interest-free loan that you're giving to the state and you don't get much say in it at all. wall street, not much going on today. stocks rallied last week. we don't expect too much today even though mcdonald's did post a nearly 5% jump in february sales. ...
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