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How Can States Best Handle Budget Shortfalls?

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Published: Tuesday, 22 Feb 2011 | 8:01 AM ET
By: CNBC.com
Wisconsin State Workers Protest Proposed Cuts To Benefits

With the demonstrations in Wisconsin in mind, and with the concern they will spread far beyond the Dairy State, how can states best handle budget shortfalls?

It is clear states from coast to coast need to cut spending from their budgets, or raise money to pay for them. There are lots of ideas about what to do, but we'd like you to choose from the following two. Which option would allow states to best handle their financial woes?

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