In this series, Stateline takes a long-term view of the budget choices the nation's five biggest states are making and avoiding.
Five Fiscal Futures
AUSTIN, Texas - As Texas schools enroll 500 new students a day, state leaders are lopping billions of dollars from the education budget. The courts may get the final say on an issue that could force Texas to reexamine its entire fiscal system. More
- Stateline Story
SACRAMENTO, California - The recession has hit America's biggest state hard, but partisan stalemate and conflicting voter mandates have hit it even harder. More
Governor Andrew Cuomo not only got New York's legislature to pass its budget on time but also changed spending assumptions in ways that nudge the budget closer to long-term structural balance. More
Florida is banking on an expected influx of retiring baby boomers to buy up the state's glut of empty housing and get an old formula for the state's fiscal health working again. More
State leaders love to make promises about healing a sick economy. Often, though, economic success depends on factors far beyond their influence. More