Wikipedia: Public Domain
Florida
Budget gap (as a % of the total budget): 19.9%
Gap: $5.1 billion
The Florida housing slump is one of the worst in the nation and only appears to be getting worse. The $66 billion Florida budget for the coming year is about $6 billion less than the one approved the previous year. It includes a $332 million reduction in public school spending and cuts to state hospitals, nursing homes, and various social programs.
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