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2. Recent State Fiscal Situation. Extremely difficult fiscal period for statesStates experiencing significant shortfalls $230B for fiscal years 2009-2011Large revenue declinesWidespread budget cuts, layoffs/furloughsARRA helping, but does not solve all fiscal problems. 3. Regions. Nearly
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1. NABE September 16, 2009 Scott Pattison Executive Director National Association of State Budget Officers