Big budget troubles still ahead for Nebraska
Tuesday, March 2, 2010 at 03:49PM Published Tuesday March 2, 2010
World-Herald editorial
This isn't to say that Nebraska leaders — the Legislature and Gov. Dave Heineman — haven't made significant cuts. A special legislative session last November cut spending and drew on various cash reserves to close a shortfall of $334 million...
....As Nebraska leaders have emphasized for months, the most troubling question is what the state will need to do to balance the budget for the two-year budget starting in July 2011.
The latest revenue estimate says that biennial budget will feature a shortfall of some $632 million. And unlike the present, there will be no more federal stimulus funds to cushion the budget shock.
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