Bush Tax Plan could Cost States 4 Billion

I'm no economist, so I'll let Sean-Paul and Dima explain this one But something just doesn't quite add up as to why this is acceptable.

I think someone really needs to address the huge shortfall that the states are having (with California's, you can buy yourself 5 whole Canadian defense budgets!). You know what will suffer when states have to cut spending: Education, Health Care, Public Services. . .

all those good things, you know?