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