At Midnight Tonight Five American States May Have To Shut Down Their Governments
Due to budget deficits and disagreements over how to fix them.
Indiana is one of five states—along with Arizona, California, Mississippi and Pennsylvania—bracing for possible shutdowns this week as time runs out for lawmakers to close billion-dollar gaps in their fiscal 2010 budgets.
Of the 46 states whose fiscal year ends today, 32 did not have budgets passed and approved by their governors as of Monday afternoon, according to the National Conference of State Legislatures.
This is what happens when politicians only either tax or spend and refuse to recognize that sometimes spending must be cut, and government must be shrunk, in order to make ends meet.
Anyone who has ever run a business, or even just a household budget, knows this. But apparently it is too difficult a concept for politicians to grasp.
