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The Structural Deficit And The Budget

By Josh Rogers on Tuesday, February 11, 2003.

According to a November report issued by the national Governor's association, states now face a bleak fiscal landscape. The total deficit among states nationwide is in the tens of billions of dollars. While New Hampshire's current budget gap of 80 million dollars may seem far more manageable, it is still the largest in state history.
On Thursday, Governor Craig Benson will unveil his plan to balance the budget. But because he has vowed not to raise taxes, that plan confronts a significant hurdle. NHPR?s Josh Rogers has this report on what economists call the ?structural deficit?

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