Idaho is expected to face a budget deficit in fiscal year 2012 of approximately $350 million.
Georgia state Rep. Ron Stephens (R-Savannah) wants to raise the state’s cigarette tax by a dollar per pack in order to help close the state’s $1.5 billion budget deficit.
There is little question that the key issue for most voters in November’s election was the economy.
The U.S. Environmental Protection Agency’s proposed guidance for regulating greenhouse gas emissions was released in mid-November and is set to go into effect on January 2, 2011.
The current public outrage over bailouts, excessive spending, and a staggering national debt are helping fuel the push for a federal balanced budget amendment.
States are increasingly looking to soda, candy, and other so-called “fat” taxes as a way to shore up their budgets.