States Expect Tax Revenue to Rise after Closing Gap

Posted on September 5, 2010 by Nathalie Lacouture

States expect that the tax revenue will rise 3.7 percent after they raised taxes and cut spending to help shrink the budget gap of $84 billion. However, many states may need to cut further to close the gap if additional funding for Medicaid is not extended.

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About Nathalie Lacouture

Nathalie Lacouture is a Senior Account Executive for Advantage Consulting Services. Prior to joining Advantage Consulting, Ms. Lacouture worked as a Senior Account Executive at an employee benefits consulting firm.
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