Back to: News
March 4, 2010
Follow News

Gov. Gibbons would cut $3 billion if needed

Gov. Jim Gibbons said Wednesday that even if Nevada's shortfall grows as projected to $3 billion, he would rather balance the budget with cuts than tax increases.

Gibbons said it wasn't easy to cut more than $800 million, the task just completed by his administration and the Legislature in the wee hours of Monday morning. He said that is small compared to the $3 billion potential shortfall for the next budget cycle - an amount that is fully half the current biennial general fund budget of

$6.1 billion.

The $3 billion is the total of stimulus and other revenues that …

Explore Related Articles

Trending in: News

The Nevada Appeal Updated Mar 4, 2010 12:31AM Published Mar 4, 2010 12:30AM Copyright 2010 The Nevada Appeal. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.