| The issue of meeting the tax deficit is one of | | | | are familiar with certain state information you |
| great interest as certain local governments have | | | | would know about California's job freeze and the |
| begun to cut jobs drastically. For some of the | | | | state of Arizona is now doing the same thing to |
| markets where housing has took the biggest part | | | | save them. |
| of the financial system and this means a form of | | | | Some of the many cities that are both in |
| hesitation. | | | | California and Arizona cut out about 5 to 10 |
| The various people who control the country such | | | | percent of the budget for the fiscal year of 2008. |
| as the various government leaders and also the | | | | This simply means no construction, no hiring and |
| various city auditors try to keep thing in shape | | | | certainly no trimming down of the budget and |
| and going strong, although the there is the falling | | | | these points to a lot more layoffs. Also the |
| of the tax receipts and certain businesses of the | | | | states of Nevada and Florida are in the same kind |
| state and also the very slow payments of | | | | of crisis, in the state of Nevada they are looking |
| property tax value and readjustments. The | | | | at results of less travel to California to casino's in |
| particular state of Arizona is now in the process | | | | the northwestern part of the state and the huge |
| of cutting about 500 jobs very soon and there will | | | | amounts of foreclosures in the in Nevada and |
| be more to follow after that is undertaken. If you | | | | Clark County. |