Reference no: EM132735984

States experience budgeting problems just like the Federal Government, the difference is that most states need to establish a balanced budget each year. That is not to imply that the Federal Government should learn a lesson from the states-state government and the Federal Government are different. In your essay address budgetary problems states are facing, and, in some cases, have faced before. The impact of recessions, fiscal problems, and federal aid are all part of how we analyze state budget problems. In your essay, give your opinion of how you look at state budget problems.