December 12, 2008

State Leaders Ask Congress for a Stimulus Package

By ERIC KELDERMAN

The national associations of governors and state legislators called on Congress and the White House last week to shore up their states' sagging economies with an infusion of at least $126-billion.

While only a small percentage of the proposed funds would go directly to higher education, an improvement in state revenues could forestall some budget cuts that would fall on colleges.

The states are facing estimated budget shortfalls totaling at least $140-billion for the current and

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