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“Crisis brings the opportunity to right-size the ship.”Scott Adair, director of finance for Monroe County, N.Y. Photo: Dan Nelken
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“When looking at budgets, the watch word is flexibility.” Daniel Heimowitz, managing director, RBC Capital Markets Photo: Dan Nelken
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“I’m more distressed about the ratings process,” James Maley, mayor of Collingswood, N.J. Photo: Dan Nelken
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“It’s always the economy, stupid.”Robert Megna, Budget Director, New York State Photo: Dan Nelken
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“In terms of budgets, once you run a deficit, climbing back out of it is hard”Mark Page, Budget Director, New York City Photo: Dan Nelken
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“This has been a period of unprecedented fiscal stress for states.”Nicholas Samuels, Vice President/Senior Analyst, Moody’s Investors Service Photo: Dan Nelken
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“The math just doesn’t work. You have flat revenues and ever-increasing expenses and something’s got to give.”Michael Solomon, managing director at Ramirez & Co. Photo: Dan Nelken
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