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Have states reached their savings limit?

JANUARY 12, 2017 | GOVERNING

By Liz Farmer, includes “After six straight years of squirreling away money, budgeted figures for fiscal 2017 show a slight dip in rainy day fund balances across the 50 states.  … What's more, four states -- Illinois, Nevada, New Jersey and North Dakota -- now show no budget reserve funds, up from two states last year. The overall shift is a signal that tighter financial times could be ahead for states as a whole. …”

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