Budget battles: Outlook for FY14 sobering

Full and original article posted on Telegram & Gazette

If you were looking for rosy economic forecasts, yesterday’s Research Bureau forum on the fiscal 2014 financial outlook was not the place to be. The takeaway from “Fiscal Fitness: What’s the regimen for FY14?” amounted to stark numbers and difficult choices at both the state and municipal levels.

But while everyone talks about the need to close this or that budget gap, we sense a veritable chasm between the fiscal approaches of state and local officials.

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