Trouble in the EU, try trouble in the US Union.
More cuts loom as state faces $295m in red ink
Massachusetts is potentially facing a new budget gap of up to $295 million this year, a grim forecast that state officials said could spell yet another round of painful cuts before the fiscal year ends in June.
Gov. Barbour trims another $40.6M from FY 2010 budget
Governor Haley Barbour has ordered another $40.6 million in budget cuts for the current fiscal year after the state revenue estimating committee lowered its projection for Fiscal Year 2010. This reduction brings the total amount of cuts this year to $499.1 million.
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